Investing in the Costa Del Sol Spain

The Costa del Sol is still the most famous stretch of the Spanish coastline and actually now seems to appeal to a greater variety of international investors than ever before. In Marbella alone, there are residents from 137 different nationalities – a number that grows year on year.

This Costa has got the best climate which means that parts of it are genuinely year-round destinations rather than purely summer resorts (winter tourism in 2014 was the busiest for some years), one of the best-supplied airports and world-class golf courses, marinas, restaurants, hotels and sporting facilities.

It has certainly moved on from being the place tainted by the corruption of its town hall officials, or the exile of choice for Britain’s gangland fleeing from justice to live the life of Riley.

Now once-sleazy Marbella is very much back in fashion with the British – helped by the fashion for “Marbs” amongst wannabe WAGs in the hit reality show The Only Way is Essex; but also with Scandinavians, Russians and Middle Eastern investors. Glitzy Marbella might said to be well and truly booming, with new developments back in vogue and great demand for holiday rentals.

That year-round outdoor lifestyle means it’s still a favourite spot for retirees and relocating families, with the best infrastructure of any of the Costas – be it hospitals, specialist clinics, international schools, shopping malls or golf courses.

Prices are still well below the 2007 peak and you can choose between anything from an apartment on a complex for €100,000 to a luxury apartment on the most fashionable new project on Marbella’s Golden Mile for €1 million. So where do you choose?

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