Costa del Sol beckons a growing wave of second‑home buyers
The Malaga province has recorded over 10,300 overseas purchases in 2024 – representing 29 % of all sales, according to research by Sonneil. Most of these transactions are second‑home acquisitions rather than relocations for work.
Resale properties dominate the market
- 80 % of foreign buyers focus on resale listings.
- Limited new‑build inventory keeps prices firm, especially in high‑profile hotspots such as Marbella, Mijas, and Benahavís.
Inland Axarquía offers a quieter alternative
Villages like Frigiliana, Cómpeta, and Periana are attracting buyers who desire a tranquil lifestyle paired with traditional Andalusian charm at more affordable prices.
Axarquía’s proximity to Málaga city and the coast provides a slower pace without sacrificing connectivity.
Holiday rentals see a surge in demand
Grupo Tecnitasa reports a rent increase of more than 12 % for coastal rentals in Malaga province ahead of the summer of 2025.
In Puerto Banús, weekly premiums now reach €3,700 for prime flats.
Spanish Property Choice’s John Blanca notes, “Everything is on the up. These are exciting times for the Costa del Sol.”
A “new Silicon Valley” reputation fuels investment
Remote‑work flexibility and a culinary appeal in Benahavís, the buzz of glitzy Marbella, and the authentic serenity of Axarquía’s white villages are welcoming a broadening pool of buyers. Southern Spain continues to deliver on investment, lifestyle, and long‑term value.
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