Keeping Cool on the Costa del Sol
Keeping Cool on the Costa del Sol: Sustainable Tips from Solares Energies…
Property in Malaga
PROPERTY IN MALAGA
Explore property for sale in Malaga here. The region of Malaga is the most popular region in Spain and the most popular area for Brits buying property. The Costa del Sol with its 320 days of sunshine a year and its beautiful coastline are magnets to property buyers. Have a look at our property portfolio, to see if you can find your dream property. We have beautiful properties available throughout Malaga, including all the popular areas of the Costa del Sol.
***Bank Repossessed Property in Estepona*** Elegant Semi-Detached Home in Montevideo…
€479,600
***Bank Repossessed Property in Sotogrande*** Exquisite 3 Bed, 4 Bath…
€478,000
***Bank Repossessed Property in Manilva*** Charming 2 Bed, 2 Bath…
€165,600
We offer the most comprehensive real estate experience, with an extensive range of luxury properties for sale in Malaga. Our featured section is a great place to search for your luxury, dream property. We have beautiful properties available throughout Malaga, including all the popular areas of the Costa del Sol, including Marbella, Estepona, Benalmadena, Casares and Sotogrande.
***Bank Repossessed Property in Sotogrande*** Exquisite 3 Bed, 4 Bath Apartment in Mirador Del Golf,…
€478,000
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***Bank Repossessed Property in Manilva*** Charming 2 Bed, 2 Bath Apartment with Sea Views in…
€165,600
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***Bank Repossessed Property in Estepona*** Luxurious 3 Bed, 2 Bath Duplex Penthouse in Estepona, Málaga…
€215,000
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Apartment in Casares 3-bed apartment in a prestigious golf area Brand new! Apartments, penthouses and…
€655,000
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Villa in Benahavis Exquisite villa with excellent sea views A completely renovated villa with top…
€9,500,000
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Properties for sale in Malaga – Thinking about buying a property in Malaga? The region of Malaga is the most popular region in Spain and the most popular area for Brits buying property. The Costa del Sol with its 320 days of sunshine a year and its beautiful coastline are magnets to property buyers.
€479,600
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€478,000
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€215,000
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Do we have a dream rental property for you? – We offer the most comprehensive real estate experience, with an extensive range of Properties for rent in Malaga. We have a large property portfolio of every type of property available in Málaga. Please have a look at our rental properties and see if we can help you, find your dream rental property. We have properties available throughout Malaga, including all the popular areas of the Costa del Sol, including Marbella, Estepona, Benalmadena, Casares and Sotogrande.
Apartment in Torremolinos Bright 3-bed apartment with sea views Charming,…
€2,700 Monthly
Townhouse in Mijas Beautiful, spacious 3-bed townhouse Mijas is one…
€2,300 Monthly
Apartment in Marbella Spacious 3-bed apartment with sea views Situated…
€2,900 Monthly
Businesses for sale in Malaga – Are you looking for a business opportunity or a commercial property in Malaga? – We have a large commercial property and business portfolio in Málaga. Please have a look at commercial properties and see if we can help you find a new property to grow your business.
We have businesses and commercial properties available throughout Malaga, including all the popular areas of the Costa del Sol, including Marbella, Estepona, Benalmadena, Casares and Sotogrande.
€22,500,000
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“If you’re looking for a residential or commercial property in Malaga, we're here to help. We’re focused and passionate about finding the property of your dreams. We want to help you find your dream home in Malaga”
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By Property in malagaSeen a property in our property portfolio, or would you would like to sell your property? Then we’re here to help. Talk to our property experts or browse through our property portfolio. We’re here to help your dreams come true.
We’re a family-run estate agency based on the Costa del Sol in Malaga Spain. We’re focused and passionate about finding dream properties for our clients. Our honest, friendly and professional approach to buying and selling property, along with our 15 years of experience has enabled us to be the number one sale and lettings agency, on the Costa del Sol in Malaga.
We love helping new and returning customers to find the properties, of their dreams, and our team will work hard to find you, your property. Check out our property portfolio and have a look through the hundreds of properties we have for sale in Malaga. We have over 15 years of experience in the property industry and, with our local knowledge we’re sure, we’ll find you, your perfect property in the sun.
Our expert service includes a FREE property valuation and listing, and unlike other local estate agents in the area, we’ve capped our selling fee to 2%. If you’re looking for the perfect property for sale in Malaga, whether it’s a residential or commercial property we’re here to help. Contact one of our team today or search our property database.
The marketing processes and platforms we use and the professionally designed and informative property advertising is why we’re the number one property agency in Malaga. Our fully trained team, use the latest technology and professional photography and videography, with virtual tours and digital floorplans, to sell your property. – We’ve not just an estate agency, we’re a property marketing machine.
Thinking of selling your property? – Our service begins with a free-market appraisal to establish the full market value of your property, explaining how our unique marketing approach will help you achieve the best financial return in a timescale to suit you.
Once marketing begins, we provide prompt feedback after each viewing and regular updates until a successful sale or let has been agreed upon. Our marketing consists of a mix of the traditional and the latest technology along with a passion for innovation and a highly driven sales force.
Online we use all the leading property portals including Rightmove. We can boost your chances of attracting a buyer with optional enhancements like virtual property tours and standout premium adverts on all our platforms.
We want you to be totally happy with the service we provide, and we’ll do everything to ensure you’re 100% satisfied. Our professional, friendly team are here to help and talk you through all our properties to find the best that best suits your needs and budget.
At Property in Malaga, our main priority is our customers and keeping them happy. We offer an excellent customer experience each, and every time we speak to new and returning clients. Property in Malaga is the number one property agent in Malaga.
We’re a professional, family-run estate agency, providing you with a complete range of services to ease you through the purchase of your very own Spanish dream property. We listen to the needs of our customers and find the perfect property to suit their tastes, lifestyle, and budget.
We have a wide range of properties to offer you, ensuring that you can find anything from your dream house in Malaga, property as an investment or the right commercial premises for your business. Whatever you choose, you can rely on us to be right by your side.
If you choose to trust us to sell your property, we’ll do our utmost to ensure a smooth and quick sales process. We’ll use all of our skills to market your property, professionally to attract a new buyer. Contact us and speak to our property sales team today.
We have partnered with the best legal services in Malaga to provide you with multilingual, legal assistance so that you feel safe and secure, whilst moving through the sales process. We’re here to help and support you in every step of the process.
Popular locations to buy: Marbella | Benalmadena | Duquesa | Estepona | Fuengirola | Mijas | Sotogrande
We’re a family-run estate agency with a focus and passion to find the dream properties for our clients. We believe our friendly, honest approach and excellent customer service skill have enabled us to become a professional brand and one of the leading estate agencies in Malaga Andalusia.
With our 50 years of experience in selling property, we’ve helped new and returning customers to find their perfect property, in Malaga. With our local and property knowledge and our sales skills we know, we can find you, your dream property.
Looking for a property in Malaga? – Our expert service includes a FREE property valuation and a flat rate sale fee of 2%.
Whether you’re looking for a purchase, lettings, or residential or commercial property, we’re here to help. We are the number one Estate Agents in Malaga. We guarantee that our locally-based sales professionals will exceed your expectations.
If you’re looking for properties for sale in Malaga, whether it’s a residential or commercial property we’re here to help. We’re focused and passionate about finding the property or project of your dreams.
If you are looking for a luxurious or simple apartment for sale in Malaga, then you’re in the best place. We have an abundance of beautiful apartments to choose from. Malaga historical city has many beautiful, older, or more modern apartments. You can find amazing apartments with sea views or mountain views.
Often these buildings are equipped with a pool area, other services and security included. Golf apartments in Malaga are also sought after due to the amazing golf courses in the area. You will only have a hard time choosing which golf course to play, on one of the 320 days of sunshine a year, Malaga receives.
We have a varied listing of townhouses and villas available in Malaga. Our selection of townhouses and villas ranges from an average asking price of €80.000 up to and over.
€5.000.000. If you’re looking for a beautiful townhouse or villa, with sea, garden or mountain views, then we can help. Let’s make your dreams come true, by finding you, your perfect home.
Thinking about buying a bank repossession property in Spain? We work very closely with many authorised agencies and banks that repossess properties located in Malaga. We have the biggest selection of bank-owned property in Malaga, located especially in the most popular areas of Marbella, Mijas Costa, Fuengirola and Benalmadena.
Bank-owned properties sold with us will be checked for unpaid debts and sold free of charges and outstanding utilities. We always suggest and can highly recommend using a Spanish Lawyer. Many banks require your full details before viewing and only accept viewings in person. If a property needs renovation or updating, we will assist you and recommend reputable builders. You are in safe hands; we will guide you through the process.
Looking for a Cheap Bargain Property in Spain? Have a look at our bargain property listings. There are some great options at amazing prices. We have bargains in Spain, Andalucía and inland Costa del Sol.
Some incredible bargains and explore one of our favourite villages for bargains Cortes de la Frontera a living Spanish village yet to be discovered Surrounded by forests, Mountain ranges, and a river with its busy, train station.
From tiny houses to eco farms, rural retreats, and ruins to restore. Large old houses are ideal for Guesthouses and Dainty properties in need of a little love. Let us know what you’re looking for and we will find it for you. Have a look at the properties we have for sale in Malaga and see if you can spot a bargain.
With the best climate in Europe, this vibrant coastal region, covering more than 7000 kilometres, is home to one of the happiest populations in Europe. Lucas Fox offers a selection of real estate for sale in Málaga Province, from luxury penthouses to impeccable villas. Have a look at the properties we have for sale in Malaga and see if you can find the property of your dreams.
Málaga is beginning to shake off its reputation as just an affordable holiday destination. In Málaga City, the capital of the region of the same name, there has been a large amount of investment by the government into its culture, with the inauguration of a total of 30 museums.
This is not surprising, given that it is the birthplace of the significantly influential Pablo Picasso. However, going further afield, the region boasts a large variety of gorgeous locations, including the coastal resort of Marbella, with its fantastic Blue Flag beaches. On the other hand, the extensive history of the region is exhibited in the spectacular mountaintop town of Ronda, and the variety of charming old fishing towns and sparkling whitewashed villages.
Malaga is the capital of the Costa del Sol, but in the past, it’s been overlooked by visitors visiting the nearby resorts of the beautiful Marbella, the family-friendly Torremolinos and the quiet and relaxing Nerja. However, Malaga has recently burst onto the tourist scene and is now one of Spain’s holiday destinations. Malaga might not have the nightlife and glamour of Marbella or the peaceful charm of Nerja, but this fantastic city has plenty going on.
There are many reasons to buy a Property in Málaga City, so here are a few.
Malaga and the Costa del Sol are popular, chic, and cosmopolitan destinations for holidaymakers and expats. Many families and couples settle here for the great, all-year-round sunny weather, friendly lifestyle, fresh cuisine, culture, and amazing Andalusian festivals.
It’s still more economical to live in southern Spain than in northern European countries as property prices and the cost of living are comparatively cheaper.
It’s a fabulous place to bring up children who have plenty of sports and activities to enjoy as well as a range of good schools, both Spanish and English. It’s fun for the grown-ups too who enjoy sports in the sunshine or learn about the culture and cuisine of the Costa del Sol.
Malaga enjoys more than 320 days of sunshine a year, so you always have an excuse to be outside. The great weather means you can play sports all year especially golf, on one of its 70-plus, courses. Malaga has plenty of sandy beaches and lovely promenades. And Malaga throws some of the best parties with at least one fiesta being held every month.
Malaga province is one of the best regions for tapas. In some establishments, you will be given a free tasty dish of food when you order a drink. You could sample anything from traditional jamón to garlic prawns or spicy patatas bravas. Fresh fish and shellfish play a prominent part in the cuisine of the coastal resort.
If you’re looking for the best properties for sale in Malaga, then look no further. We have hundreds of properties in the Malaga region available and more are being added daily. Whether it’s a luxury villa for sale in Marbella, a beachfront property for sale in Estepona, a repossessed property for sale in Benalmadena, or a bargain-bottom property for sale anywhere in Spain, we’ll have a property for you.
We’re an English estate agent based on the Costa del Sol in Malaga and we have a drive and a passion to find the perfect properties for our clients. Our honest, friendly, and professional approach has enabled us to become the number one, English Estate Agency in Malaga. Our team is here to help you through every step of your sale or purchase journey.
We help buyers, sellers and renters, in all regions of Malaga, which are: Málaga, Costa del Sol, Valle del Guadalhorce, Axarquía, Serranía de Ronda & Antequera. Check out of property portfolio today and have a look at the properties we have to offer.
Every day we publish the latest apartments for sale in and around Puerto Banas directly on social media accounts. Subscribe to our Facebook and Instagram accounts to stay updated with the latest apartments, villas, penthouses & townhouses for sale in Malaga.
***Bank Repossessed Property in Sotogrande*** Exquisite 3 Bed, 4 Bath…
€478,000
***Bank Repossessed Property in Manilva*** Charming 2 Bed, 2 Bath…
€165,600
Explore our comprehensive list of Commonly Asked Questions, a tailored guide answering the most common inquiries we encounter from clients eager to invest in the vibrant property market of Malaga. Embarking on the journey to find your perfect property in the vibrant heart of the Costa del Sol can be both exciting and overwhelming.
At Property in Malaga, we specialise in simplifying this process, offering an extensive portfolio of properties for sale across Malaga Province, from the sun-drenched beaches of the Costa del Sol to the picturesque inland retreats.
Why Choose Properties for Sale in Malaga Province?
Malaga Province is a mosaic of breathtaking landscapes, from coastal paradises to tranquil mountain havens. Opting for a property in this region means embracing a lifestyle where the sun, sea, and culture converge. Whether you’re seeking a beachfront villa, a cozy apartment in the historic heart of Malaga City, or a serene countryside retreat, our curated selection caters to every taste and preference.
What Sets the Costa del Sol Apart?
The Costa del Sol is not just a destination; it’s a way of life. Renowned for its 300 days of sunshine, world-class golf courses, gourmet dining, and exclusive shopping, it represents the epitome of Mediterranean luxury living. Properties here offer more than just a home; they provide access to a coveted lifestyle marked by leisure, relaxation, and adventure.
How Can Property in Malaga Assist Me?
Our team at Property in Malaga is dedicated to guiding you through every step of your property journey. From initial consultation to handing over the keys, we offer:
Expert Knowledge: Leveraging our deep understanding of Malaga Province and the Costa del Sol to find your ideal property.
Bespoke Service: Tailoring our search to your unique needs, ensuring a personalized and hassle-free experience.
Comprehensive Support: Assisting with legal procedures, negotiations, and after-sale services to make your transition as smooth as possible.
At Property in Malaga, we’re not just about selling homes; we’re about fulfilling dreams. Whether you’re captivated by the allure of Malaga City, the tranquility of the Andalusian countryside, or the luxury of the Costa del Sol, we’re here to turn your vision into reality. Explore our exquisite selection of properties for sale in Malaga Province and embark on your journey to finding your dream home in the sun.
At Property in Malaga, we offer a wide range of properties with varying prices that cater to different budgets. As of now, the average property price in Malaga City is approximately €2,000 – €3,000 per square meter, though this can vary depending on the property’s location, size, age, and condition. In luxury regions such as Marbella, you might see prices rise significantly higher, particularly for high-end villas or beachfront properties.
It’s important to remember that property prices can fluctuate due to market conditions, demand, and other factors. We provide all our clients with the most current, comprehensive, and relevant property pricing information to aid their buying decisions. We believe in transparency, ensuring you have all the information you need for your property investment.
The property market in Malaga offers a diverse range of options to accommodate various budgets, with the average price per square meter in Malaga City currently standing at approximately €2,384 as of the third quarter of 2023. This represents a 5.6% increase over the year, according to the Registrars Association’s latest quarterly review. It’s worth noting that property prices are subject to change and can vary significantly based on location, size, condition, and other factors. For instance, in sought-after areas like Marbella, prices for luxury villas or beachfront properties can be substantially higher.
The city and province of Malaga have experienced some of the most significant quarter-on-quarter price increases seen in coastal or resort locations across Spain. For example, Idealista reported a 14.1% rise in asking prices in Malaga City since December 2022, with the average asking price reaching €2,668 per square meter in January 2024.
Newly constructed or off-plan properties typically come with a higher price tag compared to resale homes. The latest data indicates that prices for new builds in Malaga province increased by 9.4% within a year, averaging €2,794 per square meter by the end of September 2023.
The property market dynamics also reflect in sales volume and interest from foreign buyers, highlighting Malaga’s popularity and the sustained demand for properties. Rental returns in Malaga City have shown a Compound Annual Growth Rate (CAGR) of 6.4% over five years, with certain areas offering even higher returns.
Given the evolving nature of the property market, coupled with rising interest rates and mortgage costs, it’s essential to stay informed with the most current data and trends. Our team at Property in Malaga is dedicated to providing you with comprehensive and up-to-date information to support your property investment decisions, ensuring transparency and clarity in every step of your buying journey.
For more insights into the Malaga property market and personalised advice tailored to your needs, feel free to contact us or visit our website.
The Costa del Sol, a gem in mainland Spain, offers a Mediterranean climate that is as inviting as it is reliable, making it a beloved holiday destination year-round. With an impressive tally of approximately 325 sunny days annually, this region truly lives up to its name, providing a sunny haven for both residents and tourists.
Summer: The zenith of warmth, with July and August brandishing average daily max temperatures around a sizzling 31 °C. The sea breeze, a hallmark of the Costa del Sol, mitigates the heat, ensuring it remains pleasant.
Winter: Markedly milder than northern Europe, with temperatures around 14 °C from December to February. Despite being the coldest season, the Costa del Sol’s winter is comparably warm, with December seeing the most rainfall.
Spring and Autumn: These seasons boast comfortable warmth, with daily highs ranging between 20 – 24 °C. Spring sees rainfall tapering off, while autumn experiences a slight increase, setting the stage for diverse seasonal experiences.
Extremes: Proximity to North Africa occasionally ushers in dust storms from the Sahara, spiking temperatures and reducing visibility. Yet, these are rare events that add to the region’s unique climate narrative.
Malaga, especially the Costa del Sol, has one of the most vibrant and robust property markets in Spain. The region is highly attractive for property buyers due to its excellent Mediterranean climate, attractive beaches, rich cultural history, and high quality of life. Compared to other Spanish regions, Malaga real estate also often experiences a higher demand from international buyers. – If you’re looking for the best property for sale in Malaga, look no further.
The average property prices in Malaga are competitive with other popular areas such as Barcelona and Madrid, but Malaga offers the unique appeal of a coastal lifestyle. However, like any property market, prices vary widely based on specific locations, property types, and local amenities. At Property in Malaga, we help our clients navigate this dynamic market to find the property that fits their budget and lifestyle requirements.
The property market in Malaga, particularly along the Costa del Sol, stands out as one of Spain’s most dynamic and sought-after regions for real estate investment. This area is highly regarded for its exceptional Mediterranean climate, stunning beaches, rich cultural heritage, and excellent quality of life, making it a prime location for buyers from around the globe.
International Demand: Malaga experiences a higher demand from international buyers compared to many other regions, due in part to its welcoming climate, attractive lifestyle, and the global recognition of the Costa del Sol as a premier destination for tourism and living.
Market Vibrancy: The real estate market in Malaga has shown remarkable resilience and growth, with a notable increase in interest and investment, reflecting positively on the local economy and offering lucrative opportunities for investors and homebuyers alike.
Value for Money: Properties in Malaga provide excellent value, offering a wide variety of choices from historic townhouses in the city’s heart to modern apartments along the coastline, all at competitive prices when compared to other major cities like Barcelona and Madrid.
Investment Returns: The region boasts strong potential for rental yields and property appreciation, driven by a robust tourist industry, a growing expatriate community, and the city’s evolution as a cultural and economic hub.
Quality of Life: Malaga’s mild climate, with over 300 days of sunshine annually and an average temperature of 22 degrees Celsius, combined with its beautiful landscapes and vibrant city life, positions it as an ideal place for both investment and living.
Tourism Growth: Malaga’s increasing popularity among tourists, highlighted by a significant influx of visitors, enriches the real estate market by driving demand for both short-term and long-term rentals.
Emerging Hotspot: With Malaga emerging as a new focal point for technology and innovation, often referred to as the “Silicon Valley” of southern Spain, the city attracts professionals and businesses, further stimulating the property market.
Mortgage Trends: The rise in the number of mortgages taken out in Malaga, surpassing national growth rates, indicates strong buyer confidence and a robust market, even in the face of rising interest rates.
Looking Ahead: The Future of Malaga’s Property Market
While growth may moderate, projections suggest that the property market in Malaga will continue to expand, offering ample opportunities for prospective buyers.
Key considerations for those thinking of investing include partnering with knowledgeable real estate agents, understanding the total costs of purchasing (including taxes and fees), and staying informed about market trends.
Malaga’s property market remains a compelling choice for investors and homebuyers alike, offering a unique blend of value, lifestyle, and investment potential. Whether you’re seeking a vacation home, a permanent residence, or an investment property, Malaga provides a range of options to suit diverse needs and preferences.
For personalized assistance and to explore the latest property listings in Malaga and the Costa del Sol, don’t hesitate to contact us at Property in Malaga. Our expert team is here to guide you through every step of your property journey in this vibrant and flourishing market.
Malaga offers a variety of neighbourhoods each with its unique appeal. The Historic Centre, with its beautiful traditional architecture and proximity to major attractions, is a great choice for those seeking a vibrant city life. Soho, known as the Art District, offers a trendy, bohemian atmosphere full of galleries and artisanal shops.
For more serene, residential vibes, one might consider areas like Pedregalejo, an exclusive area that is popular with families for its beaches and laid-back lifestyle. For luxury seekers, districts such as Marbella or Puerto Banús offer high-end villas and apartments, exclusive amenities, and vibrant nightlife. Our team at Property in Malaga is well-versed in the city’s landscape and can help you select the areas that best suit your lifestyle and investment goals.
When considering purchasing property in Malaga or on the Costa del Sol, several key areas offer diverse lifestyles, amenities, and property types. Here’s a guide to help you choose the best area for your needs:
Centro Historico: Ideal for those who love vibrant city life, offering close proximity to cultural attractions and a lively atmosphere.
El Limonar & Cerrado de Calderon: Exclusive residential areas known for their tranquility and high-quality living.
Pedregalejo & El Candado: Popular with families, these areas offer a laid-back lifestyle with beautiful beaches.
Marbella Centro & Nueva Andalucia: High-end areas offering luxury properties, prestigious golf courses, and upscale amenities
Cabopino & Elviria: Known for their beautiful beaches and exclusive communities.
New Golden Mile & Atalaya/Isdabe: Offers a mix of traditional charm and modern luxury, with access to stunning beaches and golf courses.
El Paraiso & Cancelada: These areas provide a quieter lifestyle with a sense of community and are more affordable compared to Marbella.
Benalmadena Pueblo & Torremuelle: Offer a traditional Andalusian atmosphere with stunning views and a family-friendly environment.
Torrequebrada: Known for its golf course and proximity to the beach.
La Cala de Mijas & Mijas Pueblo: Offer a blend of traditional Spanish village life with modern amenities and beautiful landscapes.
Campo Mijas & Riviera del Sol: Ideal for those seeking a peaceful environment with access to outdoor activities.
Each area in Malaga and the Costa del Sol caters to different preferences and lifestyles. Whether you’re looking for luxury living in Marbella, the cultural vibrancy of Malaga city, the tranquil charm of Estepona, the lively atmosphere of Benalmadena, or the authentic feel of Mijas, there’s something for everyone. It’s important to visit these areas, if possible, to get a feel for the local atmosphere and amenities. Partnering with a knowledgeable real estate agent can also provide valuable insights and assistance in finding the perfect property that meets your needs and preferences.
Absolutely! Spain has a very welcoming policy when it comes to foreign property buyers. There are no restrictions on foreigners, whether from the EU or outside, purchasing property in Malaga or elsewhere in Spain. This openness has contributed to the diversity and vibrancy of the Costa del Sol.
At Property in Malaga, we have extensive experience in assisting foreign buyers navigate through the purchase process. We can help in not only finding the perfect property for sale, but also dealing with legal requirements, paperwork, and liaising with local authorities. We strive to make your property purchase as seamless as possible.
The Spanish government has established a straightforward process for foreigners to invest in real estate, contributing significantly to the cosmopolitan makeup of regions like the Costa del Sol.
At Property in Malaga, we specialize in assisting foreign buyers throughout the entire process of purchasing a property. Our services include:
Property Search: We offer a diverse portfolio of properties to match your preferences, whether you’re looking for a beachfront villa, a city-center apartment, or a countryside home.
Legal Guidance: Navigating the legal aspects of buying property in a foreign country can be daunting. Our team ensures you understand all legal requirements and helps with the necessary paperwork.
Liaison with Local Authorities: We coordinate with local authorities on your behalf to ensure all administrative procedures are completed smoothly.
After-Sale Services: Our commitment to you doesn’t end with the sale. We offer post-purchase support, including property management, rentals, and maintenance services.
NIE Number: All foreigners need an NIE (Número de Identificación de Extranjero) to buy property in Spain. It’s a unique tax identification number required for all financial transactions.
Bank Account: Opening a local bank account in Spain is highly recommended for ease of transactions, including mortgage payments and utility bills.
Legal Representation: Hiring a lawyer who specializes in Spanish property law is crucial to ensure your interests are protected throughout the purchase process.
Mortgage Financing: If you require financing, Spanish banks offer mortgages to non-residents, typically up to 60-70% of the property’s value. It’s advisable to secure mortgage pre-approval early in your property search.
Buying property in Malaga as a foreigner is a straightforward process, provided you have the right guidance and support. At Property in Malaga, we are dedicated to making your dream of owning a property in Spain a reality, offering personalized assistance every step of the way. Whether you’re buying as an investment, a vacation home, or a permanent residence, we’re here to ensure a smooth and successful purchase experience.
Purchasing a property in Malaga does come with tax implications. As a buyer, you would be responsible for paying the Property Transfer Tax (Impuesto sobre Transmisiones Patrimoniales) for second-hand properties or VAT (IVA) for new ones. As of now, the Property Transfer Tax varies from 8% to 11%, depending on the property’s value, while VAT is fixed at 10% for residential properties.
Moreover, once the property is owned, annual taxes such as the council tax (Impuesto sobre Bienes Inmuebles) and income tax on property (if you’re renting it out or it’s your second home) would apply. Please note that tax regulations can change, and rates can vary. At Property in Malaga, we can connect you with local tax experts to provide detailed, up-to-date advice tailored to your situation.
When purchasing property in Malaga, as in any part of Spain, buyers are subject to various taxes and fees, which vary based on whether the property is new or previously owned. Understanding these tax implications is crucial to budgeting correctly for your purchase. Here’s a breakdown:
VAT (IVA): New properties in Spain are subject to a VAT of 10% of the property price.
Stamp Duty (Actos Jurídicos Documentados – AJD): This varies by autonomous community but generally ranges from 0.5% to 1.5%.
Property Transfer Tax (Impuesto sobre Transmisiones Patrimoniales – ITP): This tax varies depending on the autonomous community. In Andalusia, where Malaga is located, it ranges from 8% to 11%, sliding based on the property’s sale price.
Notary Fees: For executing the public deed of sale, typically between €600 and €875, depending on the property price.
Land Registry Fees: For registering the deed, usually between €400 and €700.
Legal Fees: It’s advisable to hire a lawyer for the property buying process in Spain, which can add another 1% to 2% in costs.
Council Tax (Impuesto sobre Bienes Inmuebles – IBI): This local tax is based on the cadastral value of the property and varies widely.
Income Tax: If you rent out the property or if it’s considered a second home, you may be subject to income tax on the property.
NIE Number: A must-have for any financial transaction in Spain, the NIE (Número de Identificación de Extranjero) is essential for property purchase.
Bank Account: While not mandatory, having a Spanish bank account makes the transaction process smoother.
Tax Representative: Non-residents who own property in Spain are advised to appoint a tax representative.
Budgeting: Ensure you account for all the taxes and additional costs above the purchase price. For a rough estimate, budget around 12% to 15% of the property’s purchase price for these extra expenses.
Legal Representation: Engaging with a legal professional can provide essential guidance and ensure compliance with all Spanish property laws and tax regulations.
Mortgage Considerations: If you’re obtaining a mortgage, be aware of the additional costs, including valuation fees and potentially higher notary and registration fees.
Buying property in Malaga offers a fantastic opportunity for investment or enjoying the lifestyle of Southern Spain. However, it’s crucial to fully understand and prepare for the tax implications and additional costs associated with your purchase. At Property in Malaga, we guide our clients through every step of the process, ensuring a clear understanding of all obligations and assisting with connecting you to tax experts for personalised advice.
The property market in Malaga is diverse and caters to various needs and preferences. From luxury villas in Marbella, beachfront apartments in Estepona, and traditional townhouses in the city centre, to modern penthouses with five bedrooms and panoramic sea and garden views, there’s something for everyone.
We at Property in Malaga take pride in our comprehensive property portfolio that covers all types of properties across Costa del Sol. Whether you’re looking for a holiday home, a permanent residence, or an investment property, we’re confident we can find a property that meets your needs. We work closely with our clients to understand their requirements and preferences to offer the best possible options.
Malaga, a jewel in the crown of the Costa del Sol, offers a wide array of property types to suit every taste, need, and budget. Here are some of the property types you can expect to find in our portfolio at Property in Malaga:
Location: Predominantly found in Marbella, offering exclusivity and opulence.
Features: These villas often come with spacious layouts, private pools, lush gardens, and stunning sea views. They are designed for luxury living and are located in some of the most sought-after neighborhoods.
Location: Estepona and other coastal areas are popular for these properties, providing direct beach access or stunning seafront views.
Features: Ranging from compact studios to expansive penthouses, these apartments offer modern amenities, communal facilities like swimming pools and gyms, and easy access to the beach.
Location: The historic center of Malaga and picturesque towns like Mijas and Ronda.
Features: These properties often feature Andalusian architecture with interior courtyards, rooftop terraces, and charming facades. They are perfect for those seeking a home with character and proximity to local culture.
Location: High-rise buildings across Malaga and the Costa del Sol, including the bustling city center and quieter residential areas.
Features: Penthouses offer expansive living spaces, high-end finishes, and breathtaking views of the Mediterranean, mountains, or cityscape. They often come with large terraces, top-notch security, and privacy.
Location: Set in the tranquil countryside or near traditional villages.
Features: These properties offer a peaceful lifestyle amidst nature, with land for cultivation or equestrian facilities, blending rustic charm with modern comforts.
Location: Throughout Malaga and the Costa del Sol, new developments are emerging, offering contemporary living spaces.
Features: These properties are designed with modern lifestyles in mind, featuring the latest in home technology, energy efficiency, and community amenities such as shared pools, gardens, and sometimes, golf courses.
Regardless of the type of property you’re seeking in Malaga, our team at Property in Malaga is dedicated to finding you a home that not only meets your needs but exceeds your expectations. We understand the importance of matching our clients with the right property, and with our extensive portfolio and local expertise, we’re here to guide you through the selection process to find your ideal property on the Costa del Sol.
Yes, Malaga and its Costa del Sol region are famous for their stunning coastline, making waterfront and beachfront properties highly sought after. At Property in Malaga, we specialize in offering a diverse range of such properties, catering to various tastes and requirements.
Luxury Villas: These properties provide exclusivity and privacy, often featuring private pools, landscaped gardens, and direct beach access.
Apartments: From studios to expansive penthouses, beachfront apartments in Malaga offer modern amenities, communal facilities like swimming pools and fitness centers, and, of course, breathtaking sea views.
Townhouses: Ideal for those seeking a blend of traditional and contemporary living, these homes offer easy access to the beach while being nestled in vibrant communities.
Lifestyle: Living by the beach offers a unique, relaxed lifestyle with the Mediterranean Sea as your backyard. Enjoy the sun, sea, and sand year-round, along with outdoor activities and water sports.
Investment Potential: Beachfront properties in Malaga are in high demand for rentals, providing an excellent investment opportunity with potential for high returns.
Scenic Views: One of the most compelling reasons to own a beachfront property is the unparalleled views of the sea, sunsets, and the horizon.
Our team at Property in Malaga understands the allure of living close to the sea. We are committed to finding you the perfect waterfront or beachfront property that fits your lifestyle and investment goals. With our extensive knowledge of the local real estate market and a wide selection of properties, we ensure a personalized and comprehensive service from the initial search to the final purchase.
The Costa del Sol, with Malaga at its heart, is one of Spain’s most popular regions for beachfront properties, thanks to its extensive Mediterranean coastline, beautiful beaches, and vibrant communities. Here are some of the best locations in the region of Malaga and the Costa del Sol for those seeking beachfront properties:
Why Choose: Known for its luxury lifestyle, exclusive resorts, and high-end shopping. Marbella offers some of the most prestigious beachfront villas and apartments, with access to private beaches, marinas like Puerto Banús, and renowned golf courses.
Property Types: Luxury villas, penthouses, and high-end apartments.
Why Choose: Estepona maintains a more traditional Andalusian feel with a beautifully preserved old town, flower-lined streets, and a long promenade alongside the beach.
Property Types: Modern apartments with communal pools, beachfront townhouses, and villas.
Why Choose: Offers a mix of lively entertainment options, beautiful parks, and family-friendly attractions. Its marina is packed with restaurants and bars, making it a vibrant place to live.
Property Types: Apartments with sea views, townhouses, and villas close to the marina.
Why Choose: Known for its long beachfront, Fuengirola is a hub of activity with a mix of international and residents. It offers great amenities, including shops, bars, and restaurants, all within walking distance.
Property Types: Beachfront apartments, penthouses with panoramic views, and townhouses.
Why Choose: One of the first Costa del Sol resorts to be developed, it’s well-established and popular with tourists and expats alike. It offers a lively nightlife and a long stretch of beach.
Property Types: High-rise apartments with sea views, studios, and apartments in gated communities.
Why Choose: Encompasses several smaller areas such as La Cala de Mijas, offering a quieter lifestyle while still being close to larger towns. It’s known for its golf courses and family-friendly beaches.
Property Types: Villas with private pools, beachside apartments, and townhouses.
Why Choose: At the eastern tip of the Costa del Sol, Nerja is famous for its stunning balconies overlooking the sea, beautiful coves, and charming old town.
Property Types: Apartments and townhouses with spectacular sea views, and villas in the hills.
Why Choose: A luxurious marina with some of the most exclusive shopping in Spain, fine dining, and nightlife. It’s a hotspot for the rich and famous.
Property Types: High-end apartments and penthouses with marina views, luxury villas.
Each of these locations offers a unique lifestyle and property options ranging from luxury to more affordable choices, catering to different preferences and budgets. Whether you’re looking for a vibrant nightlife, a peaceful seaside retreat, or a luxurious resort experience, the Costa del Sol has something to offer.
Whether you dream of waking up to the sound of waves or wish to invest in a high-demand vacation rental, Malaga’s Costa del Sol offers some of the most exquisite beachfront properties in Spain. With Property in Malaga, you’re one step closer to finding your ideal waterfront home.
The process for non-residents buying property in Malaga is straightforward, although it does require some additional steps. First, non-residents need to obtain a Foreigner’s Identification Number (NIE), which is a legal requirement for purchasing property in Spain. This can be done through the Spanish embassy in your home country or when you arrive in Spain.
Once you’ve found your ideal property, a deposit is usually paid to reserve it. A private purchase contract is then drawn up, detailing the terms of sale, and the final deed (Escritura) is signed in front of a Notary. The property registry is updated with the new owner’s details, and the necessary taxes are paid.
It’s always a good idea to engage a local lawyer who is familiar with Spanish property laws and can guide you through the process. At Property in Malaga, we have a network of reliable legal professionals we can recommend to ensure a smooth and compliant purchase process.
The process of buying a property in Malaga, or anywhere in Spain, for non-residents, involves several key steps and considerations. Here’s a comprehensive overview of the process to guide non-residents through buying property in Malaga:
What It Is: A NIE (Número de Identificación de Extranjero) is required for all financial transactions in Spain, including property purchases.
How to Get It: You can apply for an NIE at the Spanish consulate or embassy in your home country, or in Spain at a National Police station.
Why It’s Recommended: While not mandatory, having a local bank account makes the process smoother, especially for transferring funds and setting up utilities after the purchase.
Why It’s Important: A lawyer familiar with Spanish property laws will ensure that all legal requirements are met and that the property is free of debts or charges.
How to Do It: You can search through real estate listings, contact local agents, or use property search services. Consider visiting the properties in person to get a true sense of their value and condition.
5. Make a Reservation
What It Entails: To reserve your chosen property, you’ll typically pay a deposit (around 1-5% of the purchase price), which takes the property off the market temporarily.
6. Sign the Deposit Contract (Contrato de Arras)
What It Is: This legally binding agreement involves paying a deposit (usually 10% of the purchase price) and setting the terms for the final sale. If the buyer backs out, they lose the deposit. If the seller backs out, they must pay double the deposit back to the buyer.
7. Apply for a Mortgage (If Required)
What to Know: Non-residents can usually borrow up to 60-70% of the property’s value. It’s wise to start this process early to understand your budget and any additional costs.
8. Sign the Deed of Sale (Escritura) at the Notary
Finalizing the Purchase: The deed of sale is signed in front of a Notary Public, finalizing the transfer of ownership. You’ll need to pay the remaining balance, plus any applicable taxes and fees.
9. Register the Property
Why It’s Necessary: Registering the property in your name at the local Land Registry (Registro de la Propiedad) is crucial for legal ownership.
10. Pay the Associated Taxes and Fees
What to Expect: Buyers are responsible for paying transfer tax (ITP) for resale properties or VAT (IVA) and stamp duty for new builds. Additional costs include Notary fees, registry fees, and legal fees.
Property Checks: Ensure thorough checks on the property’s legal status, debts, and building permissions.
Tax Implications: Understand the ongoing tax obligations, including local property taxes (IBI) and income tax if you plan to rent out the property.
Buying property in Malaga as a non-resident is a straightforward process with the right preparation and professional guidance. Engaging with knowledgeable professionals, such as real estate agents and lawyers familiar with the local market and legal requirements, is crucial to navigate the process smoothly.
If you’re on the lookout for your dream property in Malaga, we’re here to lend a hand. At Property in Malaga, our crew boasts a wealth of local know-how, backed by years of experience in the real estate game. We’re all about offering that personalized touch, making sure your property search is as smooth and enjoyable as possible.
But it’s not just about finding the right place. We’re here to guide you through all the nitty-gritty details, from navigating legal hoops to understanding those tricky tax implications. And because we believe in the power of good connections, we’ll introduce you to some of the most trustworthy professionals around, including top-notch lawyers, notaries, and mortgage advisors.
With Property in Malaga, transparency and ease are the names of the game. We aim to make your property-buying journey not just successful, but also a genuinely pleasant experience from start to finish. So, if you’re ready to find your perfect spot in Malaga without the fuss, we’re here to make it happen.
Our team can assist you not just in finding the perfect property but also guide legal procedures, and tax implications, and connect you with trusted local professionals such as lawyers, notaries, and mortgage advisors. At Property in Malaga, we believe in making your property purchase a pleasant, seamless experience.
Dive into the heart of Malaga with us at Property in Malaga, where we’re not just any real estate agency – we’re a family-run business that treats your dream of owning the perfect property as our mission. Imagine pairing the warmth of a family dinner with the expertise of seasoned property connoisseurs; that’s us!
Being a family-run business, we infuse passion, a personal touch, and a deep-rooted commitment into every interaction. We understand that finding the perfect property is about creating a backdrop for life’s most cherished moments, and we’re here to make that happen with a personal touch only a family can offer.
Your dreams are unique, and so is our approach. We listen, really listen, to what you’re looking for, then roll up our sleeves to find that perfect match. It’s like having a family member who’s an expert in all things Malaga and real estate, dedicated solely to your happiness.
Our operations are as transparent as our intentions – pure and focused on your best interest. We believe in clear communication, no hidden surprises, and making you feel secure and informed at every step. It’s the trust and honesty you’d expect from family, because, well, that’s who we are.
Our portfolio? Think of it as a carefully curated menu of the finest properties Malaga has to offer, prepared by your family who knows your taste to the tee. From cozy nooks to sprawling villas, we’ve got it all, with the local insight to back it up.
Worried about legal jargon and tax talk? Let us handle that. We guide you through the legalities and tax implications like a family member who’s got your back, ensuring you’re informed, comfortable, and ready to make that leap.
Step into our world, and you’ll find a network of trusted professionals, from lawyers to mortgage advisors, all ready to make your property purchase as smooth as a well-aged Malaga wine.
At Property in Malaga, we make the property buying process not just seamless, but enjoyable too. After all, finding your dream home should be exciting, not exhausting. We’re here to take on the stress so you can focus on the thrill of the hunt.
Join our family at Property in Malaga, where we turn the journey of finding your dream property into an adventure filled with passion, expertise, and a whole lot of heart. Let’s find your perfect place in Malaga together – your family in real estate awaits!
Malaga continues to grow and evolve, and there are several ongoing and planned infrastructure and development projects across the heart of the city and Costa del Sol. These projects cover areas like transport, tourism, and urban development, which aim to enhance the living experience and may positively impact property values.
We at Property in Malaga closely monitor these developments as part of our commitment to providing clients with the most accurate, up-to-date market insights. However, it’s worth noting that while such projects generally tend to raise property values, the extent can depend on various factors such as the project’s nature, location, and broader market conditions.
Malaga, the vibrant heart of the Costa del Sol, is not just a picturesque locale bathed in sunshine; it’s a dynamic real estate market brimming with opportunities, thanks to a slew of ongoing and forthcoming projects that promise to further enhance its appeal. At Property in Malaga, we keep our fingers firmly on the pulse of the city’s developments, ensuring that you, our valued client, are always ahead of the curve.
From transformative transport upgrades to exciting tourism projects and urban rejuvenation endeavors, Malaga is on the move. These initiatives are designed to enrich the living experience for residents and visitors alike, potentially nudging property values in a favorable direction.
Investing in Malaga’s property market now could be akin to striking gold, thanks to these infrastructural and developmental boosts. Properties in strategic locations are likely to see their values soar as these projects come to fruition, making it an opportune time to consider securing your slice of paradise.
We’re more than just real estate agents; we’re your local insiders. Our dedication goes beyond mere transactions; we aim to provide you with unrivaled market insights that include the latest on every development set to shape the landscape of Malaga and the Costa del Sol. From the bustling city center to the serene beachfront, we know what’s happening and, more importantly, what’s about to happen.
Whether you’re a savvy investor eyeing the next big opportunity or a homebuyer dreaming of your perfect abode in the sun, Property in Malaga is your go-to guide. We offer a seamless, informed buying experience, enriched by our deep understanding of how each new project could impact your investment and lifestyle choices.
With Malaga’s real estate market poised for growth, bolstered by these developmental projects, there’s never been a better time to explore the possibilities. Reach out to us at Property in Malaga, where we make the journey to finding your dream property not just successful but insightful and exhilarating. Let’s navigate Malaga’s bright future together!
As a property owner in Malaga, you’ll encounter a few annual costs. The primary one is the local property tax, known as the Impuesto sobre Bienes Inmuebles (IBI). The IBI rate varies by municipality, but it generally ranges from 0.4% to 1.1% of the cadastral value of the property.
Additionally, if you own an apartment or live in a gated community, you’ll likely have to pay community fees. These fees cover shared expenses like the upkeep of common areas, swimming pools, and security services. The amount varies greatly depending on the community’s amenities and services.
Utilities such as water, electricity, and internet are other annual costs to consider. These costs will vary depending on usage. Lastly, if you choose to rent out your property, you’ll need to consider the income tax implications. At Property in Malaga, we can help estimate these costs for any properties you’re considering.
At Property in Malaga, we’re here to provide you with a clear overview of what to expect, ensuring your investment is as rewarding as possible.
Local Property Tax (IBI)
The Impuesto sobre Bienes Inmuebles (IBI) is a tax every property owner needs to pay annually. It’s calculated based on the cadastral value of your property, with rates varying from 0.4% to 1.1%. This tax contributes to local infrastructure and services, making Malaga the wonderful place it is.
Community Fees
For those residing in apartments or part of a community, there are monthly or annual fees to consider. These community fees cover the maintenance of common areas, pools, and sometimes even security services. The amount can vary widely, so it’s something we’ll help you factor into your budget.
Utilities
Utility costs, including water, electricity, and internet, depend on your usage. We advise planning for these essential services to ensure your home is comfortable year-round.
Income Tax on Rental Properties
If you’re thinking of renting out your property, there are income tax implications to consider. We’re here to guide you through these financial aspects, ensuring your investment works for you.
We’re more than just a real estate agency; we’re your local guide to the ins and outs of property ownership in Malaga. From detailed explanations of taxes and fees to personalized advice on managing your property, we’re here to ensure you’re well-informed and confident in your investment.
Our commitment to transparency means there are no surprises. We lay out all potential costs upfront, helping you to plan effectively for your future in Malaga. Whether you’re buying a holiday home, investment property, or making a permanent move, our team is dedicated to making your property ownership journey as smooth and enjoyable as discovering Malaga itself.
At Property in Malaga, we unlock the doors to your Spanish dream property, ensuring you’re equipped with all the knowledge and support you need to make it a reality. Reach out to us, and let’s start this journey together.
The legal procedures to purchase a property in Malaga involve several steps. Once you’ve chosen a property, a deposit is usually paid, and a reservation contract is signed. After due diligence, a private purchase contract is signed, detailing the terms and conditions of the sale.
The final step is signing the Public Deed of Sale form (Escritura) in the presence of a Notary. The buyer then pays the balance of the purchase price, and the seller hands over the building and keys. The deed is then registered with the Land Registry, and the property transfer tax is paid.
The documents typically required include your NIE (Foreigner’s Identification Number), proof of funds, and personal identification. It’s highly recommended to engage a local lawyer to guide you through this process. Our team at Property in Malaga can recommend trusted legal professionals who specialize in real estate transactions.
Purchasing a property in Malaga, Spain, involves a series of legal procedures and required documents to ensure a smooth and successful transaction. At Property in Malaga, we’re dedicated to guiding you through every step of this exciting journey.
Here’s a simplified guide to help you understand the process:
What It Is: A unique identification number for foreigners involved in any financial transaction in Spain.
How to Get It: You can apply at the Spanish consulate in your home country or at a police station in Spain.
Process: Once you find your dream property, you’ll pay a deposit to reserve it, signaling your intent to purchase.
Document: A reservation contract is signed, detailing the agreement between buyer and seller.
Legal Check: Your lawyer will perform due diligence to ensure the property is free of debts and legal encumbrances.
Contract: You’ll sign a private purchase contract, which outlines the sale’s terms and conditions.
Financing: If you need a mortgage, this is the time to finalize it with your bank.
Signing the Deed: This is done in front of a Notary, where you’ll pay the remaining purchase price, and the seller transfers ownership.
Document: The Public Deed of Sale is the official document that confirms the property transfer.
Registration: The deed is then registered with the Land Registry to officially record you as the new property owner.
Taxes: You’ll be responsible for paying the Property Transfer Tax (ITP) for resale properties or VAT and Stamp Duty for new builds.
Personal Identification: Usually a passport.
NIE Number: Essential for any financial transactions in Spain.
Proof of Funds: For the deposit and purchase price.
Bank Account in Spain: Recommended for facilitating transactions.
Our expertise and local knowledge ensure that you’re supported at every stage of the buying process. From finding the perfect property to navigating legal requirements and connecting you with trusted professionals, we’re here to make your property purchase in Malaga as seamless as possible.
Embark on your Spanish property journey with confidence and peace of mind, knowing that Property in Malaga is by your side every step of the way. Let us help you turn your dream of owning a property in Malaga into reality.
Yes, foreigners can get a mortgage in Spain, and this includes Malaga. Generally, banks lend up to 60-70% of the property’s purchase price or valuation price to non-residents, although this can vary depending on the bank and your financial circumstances.
Some other features of the conditions include proof of income, employment status, existing debts, and credit history. It’s essential to note that your total debt payments (including the proposed Spanish mortgage) typically should not exceed 35-40% of your net income. In terms of documents, you’ll need your NIE, passport, proof of income, and details of your assets and liabilities.
Here’s a breakdown of what you need to know about obtaining a mortgage in Spain as a non-resident:
Loan-to-Value (LTV) Ratio: Non-residents can typically borrow up to 60-70% of the property’s purchase price or the valuation price, whichever is lower. This means you would need to provide a larger down payment compared to residents.
Income Proof: Lenders will require proof of your income, which could include salary slips, tax returns, and bank statements, to ensure you have the financial stability to meet monthly mortgage payments.
Debt-to-Income Ratio: Your total monthly debt payments, including the proposed mortgage, should not exceed 35-40% of your net monthly income.
Credit History: Banks may also review your credit history. While your credit score in your home country isn’t directly transferable, any documentation that proves your reliability as a borrower can be beneficial.
NIE (Número de Identificación de Extranjero): This is a foreigner’s identification number that you’ll need for any financial transactions in Spain.
Passport: For identification purposes.
Proof of Income: Salary slips, tax returns, and any other document that proves your income.
Proof of Employment: A current employment contract or a letter from your employer.
Proof of Assets and Liabilities: Documents detailing your assets and any outstanding debts.
Low Costs: Since the introduction of the new mortgage law in 2019, the setup fees for mortgages have significantly decreased. Banks are now responsible for most of the associated costs, including the AJD tax, registration, stamp duty, and notary fees.
Flexibility: The mortgage market in Spain offers various options, including fixed-rate mortgages, which are particularly popular among non-residents. These provide stability in your monthly payments regardless of market fluctuations.
Pre-Approval: It’s a good idea to get pre-approved for a mortgage before you start your property search. This gives you a clear idea of your budget and makes you a more attractive buyer.
Property Search: Once pre-approved, you can confidently search for properties within your budget.
Application: After choosing a property, you’ll complete a formal mortgage application with your chosen bank, submitting all required documents.
Valuation: The bank will arrange for a valuation of the property to confirm it’s worth the purchase price.
Approval and Completion: If everything is in order, the bank will issue a mortgage offer, and you can proceed to complete the purchase.
Spain offers a compelling package for property buyers, with its combination of low mortgage costs, a stable real estate market, and the allure of its beautiful locations like Malaga. The process for non-residents is straightforward, provided you have your documents in order and meet the financial requirements.
At Property in Malaga, we understand the nuances of navigating the Spanish mortgage landscape as a foreigner. We’re here to guide you through every step of the process, from finding your dream property to securing your mortgage. With the right preparation and support, owning a piece of Spain is within reach.
Yes, Spain offers a “Golden Visa” program that grants residency to individuals (and their families) who invest €500,000 or more in real estate. This visa allows you to live in Spain and travel across the Schengen Zone. After ten years of legal residency, you may apply for Spanish citizenship, if desired.
Spain’s “Golden Visa” program is a compelling incentive for those considering property investment in Malaga or anywhere across the country. Specifically designed for non-EU nationals, this program provides a pathway to residency—and potentially citizenship—through real estate investment. Here’s a brief overview:
Residency: The Golden Visa grants you, your spouse, and dependent children the right to live in Spain.
Travel: It allows for visa-free travel across the Schengen Area, making it easier to explore Europe.
Work: Holders can live and work in Spain, benefiting from access to its healthcare and education systems.
Path to Citizenship: After ten years of continuous and legal residency, you may be eligible to apply for Spanish citizenship, though this requires you to give up your previous nationality in most cases.
Minimum Investment: You must invest at least €500,000 in Spanish real estate. This investment must be free of any liens or encumbrances.
Type of Property: There are no restrictions on the type of property; it can be residential, commercial, or land, and the investment can be spread over multiple properties.
Additional Costs: Be aware that taxes, legal fees, and other costs associated with purchasing property will not count towards the €500,000 investment requirement.
Application Process
Obtain an NIE: A Foreigner’s Identification Number (NIE) is necessary for any financial transactions in Spain.
Make the Investment: Purchase your property or properties, ensuring the total investment meets or exceeds €500,000.
Prepare Documentation: Collect necessary documents, including proof of investment, health insurance, and a criminal record check.
Submit Application: You can apply for the Golden Visa either from your home country via the Spanish consulate or directly in Spain if you are legally there.
Fingerprinting and Residency Card: Once approved, you’ll need to visit Spain for fingerprinting to obtain your residency card.
The Golden Visa initially grants residency for two years, which can be renewed every five years as long as the investment is maintained. You do not need to live in Spain to renew the visa, making it an attractive option for those who do not wish to relocate permanently.
Choosing to invest in Malaga not only offers the vibrant lifestyle and beautiful surroundings of the Costa del Sol but also opens the door to these residency and travel benefits. For those interested in the Golden Visa program, it’s crucial to work with knowledgeable professionals who can guide you through the process and ensure your investment aligns with your residency goals.
At Property in Malaga, we’re here to assist you every step of the way, from selecting the right property to connecting you with legal experts specialized in the Golden Visa application.
As of 2024, the rental yield in Malaga continues to offer attractive prospects for property investors, reflecting the city’s enduring appeal to tourists, expatriates, and locals seeking rental accommodation. With a strategic location along the Costa del Sol, Malaga benefits from a robust tourism sector, a vibrant cultural scene, and a pleasant Mediterranean climate, factors that collectively contribute to a dynamic rental market.
In the city center, properties can yield gross rental returns of around 4-5%, a testament to the high demand for accommodation within proximity to Malaga’s historical sites, restaurants, and entertainment venues. The appeal of living in the heart of the city, with easy access to amenities and the unique lifestyle that Malaga offers, sustains rental prices and occupancy rates in this area.
The outskirts and suburban areas of Malaga present even more lucrative opportunities, with potential gross rental yields climbing to approximately 6%. These areas attract a mix of long-term residents and holidaymakers looking for more spacious accommodation options, often with added benefits such as gardens, pools, and scenic views. The value proposition in these locales is enhanced by the balance between accessibility to the city’s core and the tranquility and space that the periphery offers.
It’s important to note that rental yields can fluctuate based on several factors, including property type, specific location, market conditions, and the quality of the property itself. Properties near the beach or those offering unique features, such as panoramic sea views or luxury amenities, can command higher rents, potentially increasing the yield for investors.
For those considering investing in Malaga’s property market, conducting thorough research and possibly consulting with real estate experts familiar with the local market dynamics is advisable. Factors such as seasonal variations in demand, regulatory changes affecting short-term rentals, and evolving preferences among renters can influence the performance of your investment.
Support for Investors
Property in Malaga is well-positioned to assist investors and potential homeowners in navigating the market, offering insights into the best investment opportunities and providing comprehensive support throughout the purchase process. Whether you’re looking for a property to generate rental income or seeking a personal residence in one of Spain’s most captivating cities, Malaga presents a compelling case for investment in 2024.
Absolutely! Our property portfolio extends beyond Malaga, encompassing a diverse range of properties throughout the stunning region of Cadiz. Cadiz, known for its rich history, beautiful beaches, and vibrant lifestyle, offers a variety of locations each with its unique charm and appeal. Here’s a breakdown of key areas within Cadiz where we offer properties:
Characteristics: Renowned for its exquisite sherry wine, equestrian tradition, and flamenco culture.
Properties: From traditional Andalusian homes to modern apartments near vineyards and equestrian centers.
Characteristics: An ancient port city on a peninsula, offering a mix of historical sites, beautiful beaches, and lively urban life.
Properties: Beachfront apartments with stunning views, historic townhouses in the Old Town, and contemporary homes with easy access to the city’s amenities.
Characteristics: A coastal town famous for its seafood, historical architecture, and access to beautiful beaches.
Properties: Charming villas, family homes with gardens, and apartments close to marinas and golf courses.
Characteristics: Known for its unspoiled beaches, natural parks, and relaxed lifestyle.
Properties: Secluded villas, modern apartments near La Barrosa Beach, and country homes with land.
Characteristics: A hotspot for wind sports and a gateway to Africa, boasting spectacular beaches and a vibrant nightlife.
Properties: Beach houses, apartments ideal for surfers and adventurers, and rural properties offering tranquility and nature.
Characteristics: A picturesque fishing village with white sandy beaches, clear waters, and a laid-back atmosphere.
Properties: Coastal homes with easy beach access, apartments in the bustling town center, and countryside retreats.
Characteristics: Famous for its Manzanilla wine, horse racing on the beach, and rich culinary scene.
Properties: Apartments with views of the Guadalquivir River, traditional townhouses, and properties within bodegas.
Characteristics: A naval base with beautiful beaches, golf courses, and family-friendly activities.
Properties: Spacious family homes, beachfront apartments, and properties within gated communities offering various amenities.
Characteristics: An upscale area known for its luxurious lifestyle, polo fields, and marina.
Properties: Luxurious villas, high-end apartments with marina views, and exclusive estates in golf communities.
Characteristics: A hilltop white village combining Moorish heritage with contemporary art and cuisine.
Properties: Authentic Andalusian homes, modern villas overlooking the countryside, and boutique apartments in the historic center.
Our portfolio in Cadiz caters to a wide range of tastes and requirements, whether you’re seeking a holiday home, a permanent residence, or an investment opportunity. Each area offers its distinct lifestyle and property types, ensuring that there’s something for everyone in this diverse and enchanting region. Our team at Property in Malaga is here to guide you through the diverse options available in Cadiz, ensuring a seamless and informed property buying experience.
Property in Malaga’s portfolio showcases a diverse range of properties across Malaga, catering to various lifestyles and preferences. From bustling city centers to tranquil coastal towns and picturesque villages, our portfolio includes properties in major cities as well as charming towns and villages across the region. Here’s an overview:
At the heart of our portfolio is Malaga City, a vibrant metropolis blending historical charm with modern amenities. Known for its rich cultural heritage, stunning architecture, and lively arts scene, Malaga City offers everything from contemporary apartments in the Soho district to traditional Andalusian homes in the historic center. Whether you’re drawn to the bustling atmosphere of the city or the serene beaches along its coast, Malaga City has something to suit every urbanite’s dream.
Centro Histórico: The heart of Malaga, known for its historical buildings, bustling plazas, and the famous Calle Larios shopping street.
La Malagueta: Beachfront area popular for its sandy beach, seafood restaurants, and proximity to the city center.
El Limonar: An upscale residential area with luxurious villas and spectacular sea views.
Pedregalejo: Once a traditional fishing village, now a sought-after area with a beautiful promenade and beachside dining.
Marbella stands as a jewel of the Costa del Sol, synonymous with luxury and exclusivity. Our offerings in Marbella range from opulent villas in gated communities like Sierra Blanca to beachfront apartments along the Golden Mile. With its prestigious golf courses, marinas, and upscale lifestyle, Marbella attracts those seeking sophistication and a high-quality living experience.
Puerto Banús: Known for its luxury yachts, designer boutiques, and vibrant nightlife.
Nueva Andalucía: A residential area with prestigious golf courses and beautiful landscapes.
Elviria: Features beautiful beaches, and quality restaurants, and is home to the famous Nikki Beach Club.
Golden Mile: The most luxurious stretch between Marbella and Puerto Banús, with exclusive villas and resorts.
Estepona, with its charming old town and expansive beaches, offers a more laid-back atmosphere. Our portfolio in Estepona includes everything from modern developments with all amenities to traditional townhouses nestled in flower-lined streets. Estepona is perfect for those who appreciate a balance between traditional Spanish charm and contemporary living.
Estepona Old Town: Charming narrow streets adorned with colorful flower pots, maintaining a traditional Andalusian feel.
New Golden Mile: A stretch of coast towards San Pedro, known for luxury developments, beach clubs, and high-end amenities.
Selwo: Named after the Selwo Adventure Park, this area offers modern housing developments surrounded by nature.
Benalmádena is known for its beautiful marina, theme parks, and vibrant nightlife. Our properties in Benalmádena cater to families and individuals looking for a dynamic lifestyle, offering a range of options from hillside villas with panoramic views to apartments close to the marina and beaches.
Benalmádena Costa: The coastal strip is famous for its beaches, the marina, and the lively promenade.
Benalmádena Pueblo: The original village, set back from the coast, known for its traditional whitewashed houses and tranquil atmosphere.
Arroyo de la Miel: The bustling town center linking the Pueblo and the Costa, with attractions like Tivoli World and the cable car.
Mijas combines the appeal of traditional Andalusian villages with the convenience of coastal living. From rustic fincas in Mijas Pueblo to modern villas and apartments in Mijas Costa, our properties in Mijas offer a tranquil lifestyle amidst stunning natural beauty, making it ideal for those seeking peace and authenticity.
Mijas Pueblo: A picturesque mountain village offering stunning views and retaining a traditional Andalusian lifestyle.
La Cala de Mijas: A former fishing village, now a popular coastal town with a relaxed vibe.
Calahonda: A large and well-established residential area close to the beach, with a wide range of amenities.
Torremolinos, a town known for its lively atmosphere and popular beaches, offers a variety of property options. Our portfolio in Torremolinos includes beachfront apartments, townhouses, and villas, catering to both the holiday market and permanent residents looking for a lively coastal town with a rich history and vibrant nightlife.
La Carihuela: Formerly a fishing village, now famous for its beach, chiringuitos (beach restaurants), and vibrant nightlife.
Montemar: A quiet residential area close to La Carihuela, known for its parks and green spaces.
Playamar: Boasts wide beaches and a range of leisure facilities, popular among tourists and residents alike.
Nerja, with its stunning Balcon de Europa and pristine beaches, is a gem on the eastern tip of the Costa del Sol. Our properties in Nerja range from traditional white-washed houses in the town center to villas and apartments with breathtaking sea views, appealing to those in search of natural beauty and a relaxed lifestyle.
Burriana Beach: One of Nerja’s most popular beaches, surrounded by residential areas and vacation rentals.
Capistrano Village: A picturesque urbanization known for its whitewashed houses and lush gardens.
Parador: Close to the center, known for its proximity to the Balcon de Europa and the Playa Carabeo.
Ronda, set dramatically above a deep gorge, is known for its historic charm and breathtaking landscapes. Our portfolio includes properties in and around Ronda, from rural homes offering a peaceful retreat to apartments within the historic town, ideal for those fascinated by history and nature.
La Ciudad: The historic old town of Ronda, known for its ancient buildings and dramatic views of the El Tajo gorge.
San Francisco: A residential area outside the old city walls, known for its local atmosphere and traditional tapas bars.
Antequera, a city rich in history and culture located in the heart of Andalusia, offers a diverse range of properties. Our selection in Antequera includes country estates, townhouses, and villas, suited for those who appreciate a central location with easy access to both Malaga and the interior of Andalusia.
Centro: The historical center, where you can find ancient churches, the Alcazaba, and traditional Andalusian homes.
La Joya: A rural area known for its natural beauty, offering country homes and estates with expansive land.
Manilva is renowned for its vineyards, producing excellent wines, and its coast, which boasts some of the most beautiful beaches on the Costa del Sol. The municipality is composed of several distinct areas, each offering something unique to residents and visitors alike.
Sabinillas: Often considered the heart of Manilva, Sabinillas is a bustling coastal town known for its lovely promenade, wide sandy beaches, and vibrant dining scene. It’s a place where the traditional and the contemporary blend seamlessly, offering a lively atmosphere without losing its Spanish charm.
Duquesa Port: Puerto de la Duquesa is one of the Costa del Sol’s best marinas. Surrounded by quality apartments, shops, and restaurants, the port attracts those looking for leisure and nightlife. Its cosmopolitan feel is balanced by the tranquil waters and boats that dock here, making it a picturesque location to live or visit.
La Duquesa: Adjacent to Duquesa Port, La Duquesa offers a range of residential options, from luxury villas to beachfront apartments. The area is perfect for those who enjoy golf, with several renowned courses nearby, and for anyone seeking a relaxed lifestyle close to the sea.
Castillo de la Duquesa: Named after the 18th-century fortress that overlooks the coast, Castillo de la Duquesa is a quaint area with a historical feel. Its narrow streets and traditional architecture are a step back in time, while the beachfront offers modern eateries and stunning views of the Mediterranean.
Manilva Village: Set slightly inland on a hillside, Manilva Village is the traditional heart of the municipality. It’s known for its whitewashed houses, winding streets, and friendly community. The village offers breathtaking views across the vineyards down to the sea and maintains a slower pace of life that appeals to those looking for a more authentic Spanish experience.
San Luis de Sabinillas: Commonly referred to as Sabinillas, this area is the coastal part of Manilva where you can find beautiful beaches, a promenade filled with restaurants and cafes, and a blend of holiday homes and residential properties. It’s a lively area year-round and serves as the commercial and social hub for the municipality.
Property in Malaga’s portfolio reflects the diversity and beauty of the Malaga region, offering properties that cater to a wide range of tastes, from the luxury seeker to the lover of traditional Spanish life. Our team is dedicated to finding the perfect match for every client, ensuring a seamless property buying experience in this beautiful part of Spain.
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman