Investing in property in Malaga is a strategy used by many to get a high return on their money, because it is both a great place to go on holiday and has excellent money-making potential. This means the city has one of the highest demands for property in the country, and even the world.

Five things that make property investment in Malaga an attractive option

If you are thinking about buying a property in or around Malaga, as you would do with anywhere, it is really important to get a feel for the property landscape before you make any decisions. This means you can come up with a strategy to achieve what you want to without running into issues.

1. Malaga is the area of Spain with the biggest increase in average prices

According to a study by Tinsa on the variation in prices on the Spanish housing market, properties in the Malaga area had an inter-annual variation of 3 % in the first four months of 2020, which is well above the national average of 2.5 %.

The figures place the Andalusian province as the area with the strongest increase in property prices, even more so than cities like Madrid and Barcelona, where the markets have settled slightly.

2. The area sees high demand both nationally and internationally

Because of its exceptional location and the 150 kilometres of coastline, Malaga is always popular with tourists. People from all over the world choose it as their holiday destination, as a place to buy a second home, or even to move here, because residents enjoy an amazing quality of life.

As well as that, the area’s economy is not completely reliant on the service sector, as is the case in other areas. Malaga is ninth in Spain in terms of GDP, which also suggests that the region has plenty of stable jobs. So, all these things make us sure that there is plenty of demand throughout the year, both for buying and renting.

3. Seasonality is low

Thanks to the strong economy outside tourism, most towns do not have high seasonality. Unlike other coastal regions, where things go quiet in the autumn and winter, Malaga has a range of leisure, shopping and services operating throughout the year.

4. It is very well connected

Ease of access from anywhere in the world is another reason to buy or sell a property and Malaga is very well connected across Spain as well as with the main European airports.

There are direct flights from London, Paris, Amsterdam, Copenhagen and Zurich. The AVE high-speed train can get you to Madrid in less than three hours and Barcelona in five.

5. There is something for every budget

Whether you are looking to spend lots of money or not much at all, Malaga has something for every budget. Places like Puerto Banús and Marbella tend to have more luxury accommodation on offer, while Mijas and Torremolinos are the places to look on a smaller budget.

In short, buying a property in Malaga will give you a good return on investment. Thanks to its popularity, your property is very likely to increase in value.