Properties in Fuengirola
09/02/2022

Fuengirola is the ideal place to live or invest in a property, as it is located in a perfect climate with almost 300 days of sunshine a year to enjoy the good weather. In the summer months Fuengirola becomes a tourist town with a wide variety of leisure options whether you like the sea or nature. It is the ideal place to live all year round, as you can enjoy one of the best climates in Spain.

 Why invest in a property in Fuengirola?
As well as being one of the favorite destinations in Spain, this allows you to recover part of the investment and enjoy the good climate of the south, as you can benefit from tourism in summer and recover part of the investment you have made in the property. In fact, more and more foreigners decide to come to live in Fuengirola fleeing the climate of Europe. If you are thinking of investing in property, it is better to do it in a place where you know that you will be able to get profitability in a passive and effortless way. It is also a safe investment because the housing market is always in continuous demand and growth.

These are some of the reasons to invest in a property on the Costa del Sol:

Second home
Many families and retirees decide to have their 2nd residence in Fuengirola to be able to disconnect from the cold and the crowded city especially in the winter months where the weather in other cities and countries is usually more adverse. They are usually people who live in very cold climates in winter, as here they can enjoy a warm climate even in winter. This place is perfect for people who love the sea and can not enjoy it in their usual homes, as Fuengirola has 8km of beaches that are integrated into the city. It is also ideal to always have a place to spend the summer without having to book or pay extra.

If you are looking for the best weather in Espara to spend your vacations, this is the place for you!

Investment
Those who are looking for places to make the most of the property for rent, especially in the summer months. It is an area in high demand by both domestic and foreign tourism. Being able to recover the investment in a passive and effortless way. If you are looking for a future investment without having to worry about tenants we can advise you and take care of your home, getting only potential customers in vacation rental. We have a great demand for properties in summer where we make it easy for owners and tenants to have a great vacation in Fuengirola. So if you are thinking of investing we assure you that it is a safe investment where you will notice the benefits in a short time.

If you invest, you win!

Regular Home
The demand for property in the area has risen due to the pandemic and the infinity of people looking for a quiet and pleasant place all year round. Making it one of the favorite spots especially for foreigners from Northern Europe, who try to find a warmer and cozier home, fleeing from adverse climates. Although more Spanish people decide to move to a warm climate and coast to get away from the hustle and bustle of the cities and improve their quality of life. It is perfect for families, as it is an ideal environment for the little ones to grow up and enjoy and play outdoors as much as possible, providing both you and them with better health and wellbeing.

Invest in quality of life for you and yours!

Property prices in Fuengirola

These are very varied and depend on many factors such as... the area, the square meters, the views or the orientation among others. Over the years the demand has been growing and prices have been increasing, as more and more people are interested in this area. But since 2008 when the price was at 1879 €/m2 until today that reaches 2579 €/m2 , this varies greatly and depends on the characteristics of the property. But you can see an increase in price due to the demand for both investment and for permanent housing. It should also be noted that the benefits that can be obtained from these properties have also increased, so it can be a safe bet to create passive income.

According to the studies carried out

In 2020 housing in Spain rose to 6.8% two tenths higher than 2019 and up 1.5 points from 5 years ago. According to a study in Fotocasa the province of Malaga closed 2020 with an average below the national 5% (below last year and the same as in 2015). This is due to the rise in rental prices, which has made buying a home and renting it out "highly profitable". It is estimated that last year was 2.5 points more profitable than 10 years ago.

So Malaga has increased its property sales making most of its locations more profitable than before, being in Fuengirola of 4.5% profitability.