Buying a property on the Costa del Sol is not an unattainable dream. Although it may surprise you, you can find properties for less than 100,000 euros.
If you are a home hunter and are looking to buy a residence on the Costa del Sol, have in mind these two issues: the Costa del Sol is one of the areas of Spain with a more vibrant real estate market and, in recent months, there has been a reactivation of the new construction.
Where is it more affordable to buy a home on the Costa del Sol?
The average price per square meter on the Costa del Sol is around 3,400 euros. Meanwhile, the average property price in this privileged area of the Mediterranean coast is about 970,000 euros. These data, however, are highly variable, and it is not difficult to find properties for a much lower price.
On the Eastern Costa del Sol, the towns where housing is cheaper would be Rincón de la Victoria, Torre del Mar, Vélez Málaga, Nerja, and Torrox. On the Western Costa del Sol the most affordable prices are found in Manilva, Torremolinos, Benalmádena, Alhaurín de la Torre and Ronda.
For example, the square metre in Torremolinos is around 2,800 euros, while in Nerja, it is about 850 euros, and in Torrox, it is just over 1,000 euros. These prices are very far from what you can find in Marbella or Estepona, where the square metre is above 3,600 euros.
All these are data obtained and updated by Spainhouses. They show that it is possible to find affordable housing on the Costa del Sol.
Affordable housing without lacking any detail
The fact that there are places on the Costa del Sol with more affordable prices doesn't mean you're going to lack any of the benefits that living in this Mediterranean area have. You'll still enjoy its beauty and good services.
Even those locations where prices are tighter offer much more than just great weather. In all of them, there are beautiful beaches and high-quality facilities and transport connections. Therefore, they are perfect both for investing and for purchasing a second home.
Manilva or Rincón de la Victoria, for example, are not overcrowded. The first is ideal for sports lovers, as it is a step away from equestrian centres and golf courses. Rincón de la Victoria, for its part, is also a quiet municipality where single-family homes abound, making it perfect for a second residence.
Another town that is among the cheapest to buy a home on the Costa del Sol, Nerja, offers a very different advantage: property prices decreased to the level of 2015. This fact means a great investment opportunity as it's one of the most charming towns on the coast of Málaga.
In short, it is possible to buy a property on the Costa del Sol at reasonable prices, and Spainhouses helps you make your dreams come true, offering you the broadest catalogue of homes for sale in the area.
In addition, you can check the prices for each location in the statistics section of the website. The statistics are updated, and also collect the market trend so that you can compare and get your decision right.
Find now the home you deserve.