Costa del Sol attracts many foreigners, who decide to live in cities such as Malaga or Marbella, or to buy a second home. But where do foreigners live? How can you find a good real estate agent to help you find a home in Costa del Sol?
Close to 40% of the foreigners who live in the region of Andalucía, are in the province of Malaga. That’s more than 230,000 people. For example, here below is the number of foreigners who live in cities such as Malaga and Marbella:
• Málaga capital (42,133 foreigners)
• Marbella (33,228)
• Fuengirola (23,746)
• Mijas (24,567)
• Benalmádena (18,038)
• Estepona (14,559)
• Torremolinos (13,113, duodécima)
• Vélez Málaga (7,079)
• Alhaurín el Grande (5,596)
Whether you’re looking for long stretches of sandy beaches, crystal clear waters of the Mediterranean, or for charming towns and villages, how do you decide where to live?
Is it best to live in Marbella, Estepona, Malaga, Fuengirola or Nerja? Well, that depends naturally on your tastes and preferences. So, we will introduce you below to their specificities.
The best way to make up your mind is to visit several cities, as well as confront your budget with the real estate prices. For example, a study showed that Benahavis is the most expensive city (average transaction 497,100 euros) while Humilladero is the cheapest (63,429 euros). In the city of Malaga (Malaga capital), the average sales price is 222,132 euros.
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Marbella is often described as ‘The California of Europe’ boasting a stunning 26 kilometre coastline, first class restaurants, beautiful golf courses and deluxe hotels. The area also offers some fantastic ‘chiringuitos’ (beach bars) where you can eat fresh seafood and sip on local wines with your feet in the sand. Located just 30 minutes from Malaga airport, Marbella has a charming Old Town offering quaint shops and restaurants, whilst its more modern enclave has a mix of beautiful boulevards and tranquil green spaces. Marbella property is constantly in demand among foreign property buyers, so it helps to find a good Marbella real estate agent who knows the area, the local property market and comes highly recommended by others.
Did you know that Estepona was home to over 120 nationalities? Indeed, foreigners represent 25% of the 72,000 residents, and the British, Russians, Germans, Dutch are quite present, but also people from 120 other nationalities. Pretty cosmopolitan, right?
Boasting more than 20 kilometres of sandy beaches, a pretty marina and a picturesque Old Town (casco antiguo) with an authentic atmosphere, Estepona has retained much of its original Andalucian charm and is often cited as the ‘Garden of the Costa del Sol’ thanks to its situation in the middle of a valley fed by streams from the Sierra Bermeja. Property buyers in Estepona will get more for their money compared to the likes of Marbella and can find a wide variety of homes from pretty townhouses in Estepona itself to large luxury developments along the Golden Mile and the surrounding coastline. Estepona real estate agents will be familiar with all types of property to buy along the Golden Mile, Estepona Old Town and Estepona beachfront developments.
Málaga was once regarded by international visitors as nothing more than a gateway to the likes of Marbella, Estepona and other popular destinations along this beautiful stretch of Mediterranean coastline. In recent years however, Málaga has become one of the most exciting property hotspots thanks to its burgeoning gastronomy, art and cultural sectors. Its attractive winter climate has seen increasing numbers of visitors to Málaga all year round and a growing international community are choosing to make this quintessentially Andalucian city their home, thanks also to its competitive property prices. Málaga homes have seen their values increase in recent years and any reputable real estate agent in Málaga should be familiar with the local property market and any Málaga property price fluctuations in recent years.
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Once a small fishing town, Fuengirola has transformed into one of the Costa del Sol’s most vibrant resorts. Just 25 kilometres from Málaga airport, it offers a vast array of lively bars, restaurants, boutiques and services. Its large, sandy beaches have helped this Andalucian town become the perfect holiday and second-home destination for many foreigners, especially among Scandinavians, British and Germans. Property in Fuengirola includes seafront apartments and penthouses as well as villas dotted along the Paseo Marítimo.
Nerja is a quaint former fishing village, situated on the Eastern part of the Costa del Sol, 56 kilometres from Málaga. Its pretty sandy coves are sheltered by the vast Sierra de Almijara mountain range and its centrepiece is the ‘Balcón de Europa’, a palm-lined promontory built on the foundations of an old fort offers breathtaking views of the Mediterranean’s crystal clear waters, warm enough to swim in year-round. Nerja property includes the likes of seafront villas to townhouses and apartments in Nerja centre.
Situated in the Axarquía area, 38 kilometres from Málaga and around a 45 minute drive from the airport, Torre del Mar is one of the Costa del Sol’s most unspoilt towns and the surrounding area boast some of the Costa del Sol’s most beautiful, clean beaches including Playa de Torre del Mar, Las Arenas and Playa de la Victoria. The vibrant seafront promenade offers fantastic views of the coastline and the mountains which act as a backdrop to the region’s pretty white villages. In order to find the best property for sale in Torre del Mar, buyers need to find a reputable real estate agency whose agents are familiar with all aspects of this charming area of the Costa del Sol.