Why invest in luxury residential properties in Malaga?

1st March 2024 · 3 min. read

The quickest answer to the question “why invest in a luxury residential property in Malaga” can be summarised in three points: prime location on the Mediterranean, optimal global connections and a thriving market for luxury villas and apartments.

Let us look at these three points in some more detail.

Malaga boasts an enviable location. It is in the south of Europe, on the Mediterranean coast of Andalusia, where the winters are mild, the beaches have calm waters, the area enjoying an average of 300 days of sunshine a year. This not only means enjoying the sea, the garden or terrace, a multitude of outdoor sports or “al fresco” dining throughout much of the year, but it guarantees quality of life.

Additionally, Malaga is serviced by an international airport with more than a hundred important destinations. Its activity is such that, in 2023, it surpassed all its historical passenger traffic figures (according to AENA). It also offers good land, sea, and rail communications. This means guaranteed mobility within Spain and worldwide. It generates easy options for holidays, family or business-related events. In fact, since Covid, the teleworking or other hybrid modalities formula has developed spectacularly; it is now possible to work “under the sun” much of the year and take a plane only when really needed.

As regards luxury properties, Malaga province has one of the largest concentrations of high-end residential properties in Spain. Barcelona, Madrid, the Balearic Islands and Malaga account for 70% of Spain’s luxury homes. We cannot ignore the strong supply of residential properties priced over one million euros on offer in such cities as Marbella or Benahavis. Malaga city in particular is increasingly allocating a large portion of its new construction (or refurbishments) to luxury villas and flats. This is happening both in new areas of interest, such as the western part of the city, as well as in areas that are already highly valued for real estate, such as its eastern part.

But, in addition to these three very important points, there are other factors in the city that make it the best place to invest, including in such a stable sector  as luxury real estate.

WE HIGHLIGHT: political stability, new technological revolution in the city, top culture and gastronomy, quality health services and low crime rates, among others.

Precisely because of these and other factors, such as the hospitality of the people of Malaga towards foreigners, Malaga was recently chosen as the “best place to live”, according to Forbes.

To find out more about Malaga today, how to enjoy its luxury, its great historical heritage, to learn more about its most important Malagueño, Picasso, or to find out the preferences of Christie’s Costa del Sol team as regards the best areas of the city, you can continue reading our posts.

If you are thinking of investing in high-end properties in Malaga, do not hesitate to contact us, we are the experts in luxury properties on the Costa del Sol and in the surroundings.