The Costa del Sol has always been a favorite holiday and second home destination, with the coastline between Marbella and Estepona in particular demand.
BRIC Group has investigated the potential of the Costa del Sol property market in depth, and put together a property portfolio that includes apartments and townhouses and luxury villas.
Our portfolio includes apartments, townhouses and luxury villas. The majority of properties are in resort communities that typically offer a range of onsite amenities and facilities such as communal swimming pools, sports facilities and designated parking. Properties are chosen in areas with existing high demand.
These are versatile investment properties that can be used for your own holidays and let short-term earning you annual income or for pure investment let long term.
This stretch of coast is one of the most sought-after holiday destinations in Europe named the Costa del Sol for its all-year round sunshine. It is also known as the “Costa del Golf” with over 70 superb golf courses in the area.
Marbella is ranked as the 2nd best European travel destination, quoted as the, “preferred destination for travelers looking for relaxation, shopping, refined hotels and restaurants, as well as local handcrafts, golf, outdoor sports, elegance and refinement.
Marbella is also among the most attractive destinations for digital nomads, sports enthusiasts and gourmets — and a favorite attraction for companies and investors.”
The city has an allure that is undeniable, with wooded hills flanking golf courses that flow towards Mediterranean beaches amid panoramic views. It is a region of excitement, full of lifestyle opportunities, so why not enjoy the benefits of owning a luxurious property that is taken care of for you, earns high returns and provides five-star service and comfort when you’re here.
CNBC also highlighted Marbella as one of the top locations in Europe to invest in a buy -to-let property.
Marbella and its adjacent municipalities reached historic sales peaks in the high-end market in 2021 and this trend has continued unabated into 2022, increasing by the month.
Below is a table of property sales made in 2021 in the three municipalities comprising the “Golden Triangle” of Marbella-Estepona- Benahavís, which is for all practical purposes, one market area.
In 2022, the trend continued. The first semester numbers were staggering evidence of the unprecedented, record-breaking surge in sales in this area compared with prior years.
85% - 90% of the purchases in Marbella are made by foreign buyers looking for property investments that can give them secure, high returns, and that they can use for themselves whenever they want to.
Rental returns are increasing by the minute as demand for long-term rentals is very strong. Families from all over Europe and beyond are making life-changing decisions to move to this area of Spain, just to rent or to rent with a view to eventually buying.
According to a recent report by the national property valuation company Tecnocasa, Marbella takes third place in the “Top 5” of the Spanish cities with the highest residential long-term rental prices.
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