The Costa del Sol, Spain’s ‘Sunshine Coast’, has been a firm favourite amongst tourists for many years now. Millions descend on this sun-drenched region every year; no surprise that Gatwick to Málaga is one of Europe’s busiest air routes. The area offers many attractions including an abundance of blue flag beaches, famous museums, and prominent towns such as Marbella.
The main attribute contributing to the Costa del Sol’s successful property market is its exclusivity. Towns such as Marbella and its famous marina Puerto Banús are recognised globally as a playground for the rich and famous. A highly desirable location that caters for all its visitors, property here is ever short of demand, whether that’s on the re-sale market or as a holiday let.
It’s the Costa del Sol’s exclusive nature that has split its property market into distinct tiers. Some of the Costa del Sol’s most exclusive areas have already experienced price growth while less popular areas have witnessed declines. It tends to be the premium property on this Costa that performs the strongest; maintaining demand on the holiday let market