Costa del Sol: The Ultimate Real Estate Paradise for Foreign Homebuyers

Malaga has become one of the most popular destinations for foreigners looking to buy a house in Spain. In 2022, the province of Malaga witnessed a significant increase in the number of home purchases by foreigners, with a total of 13,908 transactions registered, according to the latest data published by the General Council of Notaries.

This increase in the purchase of homes by foreigners represents a 15.8% increase compared to the previous year and is a clear indicator of the attractiveness of Malaga as a real estate investment destination. In addition, it is important to highlight that foreigners made 33.48% of all home purchases in Malaga during 2022.

The nationalities that lead the purchase of homes in Malaga are the British, French, and Germans, although there is also a growing interest from citizens of countries such as Sweden, Norway, Switzerland, and Belgium. In addition, there has also been a significant increase in the purchase of homes by citizens of Latin American countries, especially from Argentina and Mexico.

The real estate market on the Costa del Sol offers a wide variety of options for those looking to buy a house on the coast, in the countryside, or in the city. In the capital, Malaga, apartments and flats can be found in the historic center and in the port area, as well as chalets and townhouses in the surrounding residential areas.

On the other hand, the Costa del Sol is one of the most popular tourist destinations in Spain and offers a wide range of apartments and villas with sea views, as well as luxury villas in private urbanizations, such as La Zagaleta or Sierra Blanca, two of the most exclusive urbanizations in Spain. In the rural areas of the province, such as the Guadalhorce Valley or the Axarquia, country houses with land and rustic estates can be found.

In addition to the tourist appeal and quality of life that Malaga offers, the province has an excellent transportation infrastructure, with an international airport and a network of roads and trains that connect the capital with the rest of Andalusia and the rest of Spain.

In conclusion, Malaga has become a very attractive destination for those foreigners looking to buy a house in Spain, thanks to its warm climate, rich tourist and cultural offering, excellent transportation infrastructure, and wide real estate market. With a constantly growing market, it is expected that the province will continue to attract investors and buyers from around the world in the coming years.

However, buying a home on the Costa del Sol can be more complex than you think, especially if you are a non-resident foreigner, which is why we recommend that you analyze all legal and urban aspects and have a professional physical inspection before risking your money. At Valido Home, we have the best professionals so that you don't have to worry about anything. Feel free to contact us without obligation!