February 22, 2024

Despite global uncertainty, the Costa del Sol continues to be a brisk market and one of the busiest in the nation. Demand has never been higher, and a chronic lack of supply means that prices are rising.

According to Idealista, properties in the region spent an average of just a week on the market before changing hands last year. Just four other provinces had a faster market. The provincial capital of Cuenca had the most active market, with around half of all listings selling in a matter of days. In second place were Barcelona, Madrid and Granada.

As a result, a lot of property for sale on the Costa del Sol has been selling quickly, especially new developments in sought-after areas. However, even in the best locations, property sales can stall if the price is not right. Choosing a well-respected real estate agency to market your home will make a big difference.

International buyers continue to drive the Costa del Sol property market. They represent a 33.4 percent share of the overall market and are set to continue growing this year. This is driven by aging Baby Boomers looking for retirement destinations and a growing number of ‘work from homers’ who want to relocate or invest in a better lifestyle.

Villas are in high demand, particularly those offering elevated levels of comfort and a personalised feel. Frequently, these properties come with expansive parcels of land that provide space to enjoy exclusive outdoor facilities and breathtaking vistas. property sales costa del sol

Leave a Reply

Your email address will not be published. Required fields are marked *