Why buyproperty in Spain?
The climate, the standard of living, the lifestyle, the food and low mortgage rates... are the many and varied reasons that lead buyers from other parts of Europe to purchase a home in the area. The fact is the area has become fashionable...
In the next five years at least 200,000 families from other parts of Europe are expected to buy homes in the province of Malaga alone, initially just for visits but eventually following in the footsteps of the 65,000 foreigners already living here and settling on a permanent basis.
Malaga is now the second largest province in Spain in the number of foreign residents, after Alicante and ahead of the Balearic Islands and Tenerife. |
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The coast is well serviced by 4 major airports and a network of motorways spanning from one end to the other.
A fast growing leisure industry fuels the local economy with over 60 golf courses in the Costa del Sol, and numerous ports supply the need for water sports and yachting.
With the Sierra Nevada mountains only a stones throw away you can go from beach to ski slopes in just a couple of hours and there is a wide variety of water parks and other attractions for the young at heart.
The area is very sought after with holiday makers and sport enthusiasts alike, making a basis for an excellent year round rental opportunity. The capital growth in the area has been steadily rising over the last few years and this is a continuing trend. |
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Strict building regulations have been put in place by the local Governments and town councils to control the number of new developments and the height of the buildings.
With all this in mind the Costa del Sol is not only a very pleasurable place to spend holidays but an investment towards your future. With interest rates at an all time low, many people are looking toproperty to ensure growth for future investments and pension planning.
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320 days of sunshine per year. |
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Increase in low cost flights to Spain from all UK airports. |
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Spanish property values are continuing to grow above inflation. |
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Prices in Spain rose by over 20% in 2003. |
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60 golf courses on the Costa del Sol alone. |
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Areas of outstanding beauty such as Ronda, Seville, Grenada and the Sierra Nevada mountains. |
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