Top 10 Benefits of Investing in Costa del Sol Rental Properties

If you are thinking about investing in real estate in a foreign country there are a few elements that come into your mind that will influence your decision. And every one of us has different priorities when choosing the right country and region for their investments. It depends much on your ROI expectations, the track record of the past and the future prospects of the region and the question if you want to use the property yourself from time to time or if you just want to rent long term.

So there are quite a few elements to take in consideration before you will be able to take a good decision. We from Costa Rents are based in Mijas Costa, just about a 30 minute drive by car from Malaga airport. We are the only agency specialized in mid and long-term property rentals in the area of Costa del Sol“since 2009. In addition based on the needs of our investment clients we offer a property management service to look after your property while the owners are not in the region. Therefore we have more than a decade of experience in the property rental business in Costa del Sol (Andalusia) and know the different areas, communities very well, their advantages and disadvantages.

Based on that experience we would like to present you our top 10 benefits speaking about the Costa del Sol when it comes to property investments in this area.

1.   Tourist Appeal

 Based on several elements the region has a high appeal for tourists. With more than 300 sunny days in a year and water temperatures between 22°C and 24°C during summer and the long fine sandy beaches, it is a perfect destination for bathing holidays in Europe. The low crime rate, the very good infrastructure and the transport network complete the offer for tourists in the best way.

2.   Infrastructure

When it comes to infrastructure at the Costa del Sol you can find perfect conditions in all 3 aspects of infrastructure. From technical infrastructure – including energy, phone/ internet, banks, public transport,  to social infrastructure – including public and private schools, hospitals/ emergency rooms, museums/ libraries, public security, sport and leisure facilities, as well as the green infrastructure – including parks and lakes.

3.      Transport Network

The transport network consists of a well-developed road network and good quality roads.If you do not want to use your car there is a well-functioning public transport network and a train connection from Malaga to Fuengirola. So with a change at Malaga train station you can get to all major cities in Spain

4.      Climate Conditions

As already mentioned the mild climate with more than 300 sunny days in a year the Costadel Sol is appealing for tourists but also for the people who live here the whole year round. Natural sun light influences your happiness, your well being, your immune system and even your libido in a positive way. 

5.      Quality/Price Ratio

When we talk about investments sooner or later we need to talk about prices and the quality. Based on the expectations of international investors and the professionalism of developers in the region you can find exceptional high property quality for a reasonable price  due to the high competition, compared to other European areas.

6. Profit Return

Of course – the higher the risk, the higher the return, that counts also for the Costa del Sol area. Based on where, what and when you buy and how (share of financing) the return of your investment will vary). But on average the rental properties have a potential of 4% - 5% (gross profit).

7. Diversification of People Living Here

There is a huge diversification of nationalities here. There are lots of British people, Scandinavians, Germans and Dutch to name a few. That brings a great mix of culture into the area and makes it interesting to meet new people and make new friends from almost all over the world.

8. Malaga Airport

 Malaga airport is increasing flights constantly which bring more and more people to the Costa del Sol area.

9. Sporting Clubs

We have mentioned the good infrastructure in general at point 2. already. But the sporting clubs seem to us worth mentioning because it is so unique. In that particular case we talk about Golf, tennis and surfing clubs. You find a huge variety here. Almost endless opportunities to keep you in shape, do your favorite sport, try something new and meet new people and find new friends.

10. Google Investment of $ 650 Million

Google announced to invest $ 650 million in Spain over the next 5 years. A portion of this budget will be used to develop a a centre of excellence for cyber security in Malaga.

We think that they are advantages to take a real estate investment in Spain into consideration if you are looking for a long term rental property to invest in.

Get in contact with us so we can understand better your individual and personal interests and recommend the best areas and communities that meet your expectations best.