Property Costa del Sol increasing in popularity
Spain has always been on top of British real estate investors’ priority list when it comes to buying property investments, particularly in the resorts of the Costa del Sol.
Property Costa del Sol has seen a rapid increase in popularity over the last few years, not only because of great bargain basement prices and exceptional return of investment but also because of it's growing demand for holiday homes and retirement property.
With lower mortgage rates from Spanish banks and high rental yields as growing number of visitors are flocking to the Costa del Sol, now is the best time to consider investing in property on the Costa del Sol.
In addition, the UK's strong and stable currency is motivating British investors and second home buyers to buy a property on the Costa del Sol.
However, northern Europeans, specifically the Scandinavians, the Benelux nationals, Germans, and Russians are also among those considering to buy their dream homes on the Costa del Sol.
Not to mention the good quality of properties, well located plots of lands, magnificent views, and the excellent all year-round climate, as among the reasons behind their consideration.
Nonetheless, as more property investors concentrate on this coastal area of Spain, property Costa del Sol prices are feared to start increasing in the coming years, resulting to higher investment returns.
This blog post (Property Costa del Sol increasing in popularity) was written by Marbella Estates.