Mediterranean southern Spain
THE PLEASURE OF FINE LIVING
Costa del Sol is one of the most popular relocation spots in the world, and it is also great for vacationing.
In 2020 Forbes selected Málaga among one of the best cities for Americans to live, invest and work in Europe.
Malaga has been also judged the second-best city in the world to live and work in for foreigners by a poll of users of the Internations website, a digital community for expatriates with around 4 million members in 420 cities around the world.
at the bottom of this page you will be able to check some properties
Interested in buying a property investment in beautiful south Spain?
Moving with the entire family to south Spain?
Looking for retirement in Costa del Sol?
We are here for you!
On this PROPERTY INVESTMENT TOUR, we will drive you around Costa del Sol, showing you properties you may be interested in, and we will also have time for sightseeing!
Financing is also possible, interest rates in Spain are still low.
Interest rates for a non resident mortgage are around 5% (as November, 2023)
The way to calculate the interest rate is adding the EURIBOR, which is an interest reference rate used in the European Union, that changes daily + bank interest rate.
Spain also offers non- residents mortgages up 70% of the property’s value.
You won’t believe the prices of many properties, but especially the cost of property taxes and home insurances!
Ex: for a $250k apartment, property taxes would be around $800 a year, and for a $500k house around $1500 a year.
A $3 million house property taxes can be around $3,500 a year.
Average home insurances in Spain are about $350 per year, ( and NO deductibles! ) so you can expect to pay between $500 and $800 a year for very good home policy insurance.
We will help you make the best decisions for you, and recommend you a team of local and legal professionals to help you get all the paperwork you need in order to buy property, get residency, or other types of visas. This is a very affordable process to do in south Spain.
Remember you don’t need to speak Spanish to live or retire in Costa del Sol!
Spain is a party to the Schengen Agreement. This means that U.S. citizens can enter Spain visa-free for periods of up to 3 months (90 days) for tourism or business without a visa.
Costa del Sol has everything you need for a happy life!
where is costa del sol & how big is it?
Costa del Sol is a region in the south of Spain ( Andalusia ) that covers about 100 miles (160 km) of coastal Mediterranean Sea and Mountain towns.
The official population of the Costa del Sol is around 1.4 million people.
The current metro area population of Malaga in 2023 is 593,000.
Costa del Sol received about 13 million tourists in 2022.
Spain’s total population is about 47 million people.
How to get to southern Spain?
You can get to Madrid on a direct flight from many US airports.
You can also get to Malaga with only 1 connecting flight in any major European airport. Then is a short nonstop flight to Malaga a
There is a new NONSTOP United airlines flight from Newark (ERW) to Malaga (AGP) starting on May 31st 2023, 3 times a week.
Montreal also has direct flight to Malaga (AGP) 3 times per week with Air Transat airlines.
Some flight times from the US/Canada to Malaga or Madrid:
Newark - Malaga: 7h and 30 min. Montreal - Malaga: 6h and 50 min . NY- Madrid: about 7 hours. Charlotte - Madrid: 7h and 50 min or so. Miami - Madrid: about 8h or so. Dallas - Madrid: about 9 hours. Los Angeles - Madrid: about 11 hours. San Francisco - Madrid: 12h
The flight from Madrid to Malaga is about a 1h, and from Barcelona 1h 25 minutes.
How is the weather in southern spain?
Costa del Sol , Malaga area, has one of the world’s best climates.
325 days of sunshine a year and very mild winters makes this area a lovely place to visit or live all year round.
How many foreigners live in Costa del Sol?
About 320,000 foreigners live on the Costa del Sol. In some places such as Mijas and Marbella, foreigners make up nearly half the inhabitants.
Malaga province grows more than any other part of Spain as foreigners push numbers up. Foreigners now account for the 17% of the population of Malaga province (as Feb, 2023)
Málaga’s 590,000 residents enjoy more than 30 museums including two honoring native sons Pablo Picasso and Antonio Banderas, as well as the prestigious Thyssen and Pompidou foundations.
