Malaga Property

The second largest city in Andalucía, Malaga is a classic Andalucían city, much of the atmospheric old quarter has been lovingly restored.
The Malaga property market has already proven its worth; prices of property in Malaga City are 12.1 per cent more expensive than property in Malaga province and 38.6 per cent more expensive than the national average of Spain.
Alhaurin de la Torre is a popular suburb. The population is mainly Spanish middle class, but it has also caught the eye of expats from North European countries, who are buying Malaga properties for investment or permanent residence, through its offering of modern living, good schools and excellent range of amenities. As such, virtually every type of property in Malaga has decent rental potential, both for long-term and summer holiday lets, with rental returns averaging around four per cent.
Easy access between Malaga city, its outskirts and beyond will undoubtedly raise interest in rural Malaga properties. Antequera has grown into the major staging post between inland and coastal Andalucía. Future plans, such as a new airport, are balanced by the appeal of a thriving farming economy that has survived modern development, meaning that the region does not have to rely on tourism for its prosperity. Consequently, it has avoided the boom and crash cycle that has plagued recent coastal resorts, offering a traditional haven where permanent overseas residents are most welcome.
Further good news for buyers of property in Malaga who have avoided rural areas due to illegal building concerns is that new patrols have taken to the air to photograph vast swathes of the Malaga countryside in order to check the actual ground situation compared to registered records. Such effective measures certainly suggest peace of mind, while the mix of modern and period Malaga property for sale in sought after locations bestows an eclectic market to suit all style preferences and budgets.
The Homes Overseas Guide to Buying Property in Spain has advice on the legal and financial aspects of buying Malaga property, plus overviews and information on the Malaga property buying process.
Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.

Property in Malaga: