Spain has been a popular hotspot for expats for many years, even in the face of the uncertainties brought up by Brexit. This amazing country has so much going for it that people from all over the world choose it as their new home, their second home or a regular holiday destination.
Properties for sale on the Costa del Sol are snapped up quickly thanks to the wonderful lifestyle on offer here. If you’re looking for a home for sale on the Costa del Sol, 2018 is the year to jump ship. Being a leading real estate agency in Spain, Paradise Marbella know all too well how popular Spain remains with expats, but it seems that the media in other parts of the world is finally catching onto this fact. Once the information is published in the mainstream media, it serves as a confirmation for those who weren’t aware – but that doesn’t mean it’s really news.
Bloomberg says it is so
American news agencies Bloomberg and Reuters keep an eye on property market happenings in Spain, and in December 2017, Bloomberg published a report declaring that Spanish real estate is ‘once again’ hot property. Although they seem a little slow to catch on, they’re on the money.
Their report contains statistics that highlight the consistent expansion of the Spanish property market. It takes a look at the exponential growth of all kinds of Spanish property, from investment to commercial and residential. We’re now ten years on since the collapse of 2008, and this year promises to be better than ever.
Strike while the iron is hot in 2018
If you’re still wondering whether the time is right to invest in your Spanish dream home, know that prices are currently still affordable. That’s why those keeping their finger on the pulse for the perfect property are snapping up deals here, safe in the knowledge that the value of their properties will continue to climb.
Now that the economy has picked itself up and dusted itself off, it’s perhaps not surprising to hear that a GDP growth of between 2.5 and 3% is anticipated in 2018. It probably helps to have heard about all this positivity from a media giant such as Bloomberg, but if you want the low down from those who are in the thick of it – daily – come and talk to Paradise Marbella.
Extra flights mean Spain is now more accessible than ever
Another consequence of the booming economy, property market and tourism is the number of affordable flights serving Spain. This is clearly an indication of growing interest in the region, among other things. According to the Ministry of Tourism, low cost flights coming into Spain’s airports have increased by just under 14% since 2016. In 2017, 43 million people came and went on budget flights – that’s quite a number!
This information is a comfort to those who plan to emigrate to Spain; they can come and go as they please between here and their home countries, visiting friends and family. Likewise, it’s incredibly easy for friends and family to come and visit you in your new Spanish home without the burden of an expensive trip.
First things first, though. It’s now cheaper and easier than ever to fly over to Spain to look for your Costa del Sol property – if you’re coming in from Europe, at least. The Ministry of Tourism tells us that 80% of passengers using low cost airlines to come here did so from another European country.
Looking for a property on the Costa del Sol?
If you’re sold on the idea, you may be wondering where on the Costa del Sol would be your ideal location. It has to be said that there are some magnificent places to choose from – that’s why choosing is the hard (but fun) part.
Will you opt for a townhouse in Marbella? Perhaps you like the idea of a penthouse apartment in Benahavis? How about a modern villa in Estepona? You might want a family home in Benalmadena, or a traditional home in one of the magnificent white villages. As you can see, you have a great deal of choice, and it’s important to make the right one.
So… why not jump on one of the many flights over here and have Paradise Marbella’s knowledgeable specialists show you around some of these magnificent properties? We know everything there is to know about the Costa del Sol, and all the legal requirements that will apply to you. We have many contacts to connect you with to ensure a smooth process from start to finish. Check out our range of services and let us know how we can help make your dreams come true in 2018.