Spain Property Investment News

Costa del Sol attracts wide range of buyers

Costa del Sol attracts wide range of buyers

The established tourist destination of the Costa del Sol has the climate and infrastructure to appeal to all kinds of property investors.

Whether looking at purchasing a holiday home, pulling in some valuable rental income or considering permanent emigration, the Costa del Sol certainly has the weather you're looking for - the average summer temperature is a sweltering 25°C and the coast experiences around 320 sun days every year.

It's no longer just a package holiday haven, either: its steady development programme and secure infrastructure have led one property commentator to call the region "the California of Europe".

Chris McCarthy, consultant for Viva Estates, told Easier.com that the Costa del Sol has successfully transformed itself:

"The Costa del Sol is no longer simply a holiday destination, it is also a vibrant, developing residential area that tens of thousands of European and Spanish nationals aspire to live in and relocate to."

With a Madrid rail-link planned and a new runway at Malaga airport sure to increase tourism in the region, there's a lot of justification for Mr McCarthy's description of the future of the Costa del Sol as ""golden".

He added: "Its progression has been ever upward and onward and mid-to-long-term, that is quite frankly unstoppable by any stock market correction or a momentary lull in the property market."

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