Explore the thriving Costa Del Sol property market in this article, focusing on various cities and towns popular among investors. We’ll examine property price growth, rental yields, tourist numbers, property types, international buyer percentages, and average property prices, offering valuable insights into the region’s real estate landscape.
Contents.
Costa del Sol Overview:
- Annual property price growth: 3-5%
- Rental yields: 4-6%
- Tourist numbers: Over 12 million annually
- Property types: 65% apartments, 20% villas, 15% townhouses
- International buyers: 30% of property buyers
- Golf courses: Over 70 courses
- Average property prices: €200,000 for an apartment, €450,000 for a villa
- Property transactions: Over 30,000 in 2021
- Short-term rental market: Average daily rate €150, peak season up to €250
Malaga:
- Annual property price growth: 3.5%
- Rental yields: 4-5%
- Tourist numbers: Over 1.5 million annually
- Property types: 70% apartments, 20% villas, 10% townhouses
- International buyers: 25% of property buyers
- Average property prices: €180,000 for an apartment, €400,000 for a villa
Marbella:
- Annual property price growth: 4-6%
- Rental yields: 5-7%
- Tourist numbers: Over 2 million annually
- Property types: 60% apartments, 30% villas, 10% townhouses
- International buyers: 40% of property buyers
- Golf courses: Over 15 courses
- Average property prices: €300,000 for an apartment, €800,000 for a villa
Nerja:
- Annual property price growth: 3-4%
- Rental yields: 4-5%
- Tourist numbers: Over 500,000 annually
- Property types: 70% apartments, 20% villas, 10% townhouses
- International buyers: 35% of property buyers
- Average property prices: €220,000 for an apartment, €500,000 for a villa
Estepona:
- Annual property price growth: 3-5%
- Rental yields: 4-6%
- Tourist numbers: Over 1 million annually
- Property types: 65% apartments, 25% villas, 10% townhouses
- International buyers: 30% of property buyers
- Golf courses: Over 8 courses
- Average property prices: €250,000 for an apartment, €600,000 for a villa
Manilva:
- Annual property price growth: 2-4%
- Rental yields: 4-5%
- Tourist numbers: Over 300,000 annually
- Property types: 75% apartments, 15% villas, 10% townhouses
- International buyers: 20% of property buyers
- Average property prices: €150,000 for an apartment, €350,000 for a villa
Puerto Banus:
- Annual property price growth: 5-7%
- Rental yields: 6-8%
- Tourist numbers: Over 1 million annually
- Property types: 55% apartments, 35% villas, 10% townhouses
- International buyers: 45% of property buyers
- Golf courses: Over 5 courses
- Average property prices: €400,000 for an apartment, €1,200,000 for a villa
Benalmadena:
- Annual property price growth: 3-5%
- Rental yields: 4-6%
- Tourist numbers: Over 1 million annually
- Property types: 70% apartments, 20% villas, 10% townhouses
- International buyers: 30% of property buyers
- Golf courses: Over 5 courses
- Average property prices: €200,000 for an apartment, €450,000 for a villa
Mijas:
- Annual property price growth: 3-5%
- Rental yields: 4-6%
- Tourist numbers: Over 1 million annually
- Property types: 65% apartments, 25% villas, 10% townhouses
- International buyers: 40% of property buyers
- Golf courses: Over 10 courses
- Average property prices: €200,000 for an apartment, €350,000 for a villa
Fuengirola:
- Annual property price growth: 3-5%
- Rental yields: 4-6%
- Tourist numbers: Over 1.2 million annually
- Property types: 75% apartments, 15% villas, 10% townhouses
- International buyers: 35% of property buyers
- Average property prices: €180,000 for an apartment, €400,000 for a villa
Torremolinos:
- Annual property price growth: 2-4%
- Rental yields: 4-5%
- Tourist numbers: Over 900,000 annually
- Property types: 80% apartments, 15% villas, 5% townhouses
- International buyers: 25% of property buyers
- Average property prices: €160,000 for an apartment, €350,000 for a villa
Conclusion
The key property investment statistics for Costa Del Sol’s cities and towns showcase a wealth of opportunities for investors. With diverse property types, impressive rental yields, and growing demand from international buyers, Costa Del Sol stands out as a promising property investment destination. By understanding these statistics and market trends, investors can make informed decisions and seize the growth potential the Costa Del Sol property market has to offer.
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