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Property Supplement AXA 26 Jun - 2 Jul 2025 Issue 2086

Page 1

THE PROPERTY

S PE CI AL

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Sun, scenery, and soaring demand THE Axarquia continues to prove itself as one of Europe’s top destinations for second-home buyers. According to Sonneil research, nearly 10,300 homes in Malaga Province were bought by foreign nationals in 2024 - making up 29 per cent of all sales. These were largely second-home purchases, not relocations for work. Sonneil CEO Alfredo Millá said: “The international market remains healthy,”

with 80 per cent of these sales focused on resale properties. That preference, combined with limited new-build stock, is keeping prices strong - especially in hotspots like Torre del Mar and Nerja. But it’s not just coastal luxury that’s drawing attention. Inland areas are gaining ground among buyers seeking tranquillity, nature, and traditional Andalucian charm at more accessible prices. With proximity to both

Malaga City and the coast, they offer a slower pace without sacrificing connectivity. Rising demand is also fuelling the holiday rental market. According to Grupo Tecnitasa, coastal rents in Malaga Province jumped by more than 12 per cent ahead of summer 2025. Along the coast, weekly rents can now reach €3,700 for prime flats. As Spanish Property Choice’s John Blanca put it, “Everything is

on the up. These are exciting times.” With Malaga earning a ‘new Silicon Valley’ reputation and remote work enabling lifestyle-driven relocation, the region appeals to a broadening pool of buyers. Whether it’s the appeal of Nerja, the buzz of Malaga City or the peaceful authenticity of inland white villages, southern Spain continues to deliver on investment, lifestyle, and longterm value.

ALONG Spain’s sunny coastline, more homeowners are adopting green energy solutions that work with the natural environment. With abundant clear days and rising energy costs, solar panels are becoming increasingly popular, particularly in coastal areas where sun exposure is reliable. Thanks to Spain’s long hours of sunshine, coastal homes are ideal for solar installations. New builds often come with panels pre-installed, while older homes can usually be adapted. Battery storage is improving, allowing

energy to be used in the evening or on cloudy days. However, coastal living brings salty air, storms, and strong winds, particularly in exposed or clifftop properties. Panels must be installed using corrosion-resistant materials and strong mounting systems, with regular maintenance to ensure longterm performance. Some properties also benefit from small wind turbines, though these are more effective in rural or less built-up areas. An energy efficiency certificate (Certificado de Eficiencia

Image: Shutterstock/ Chedko

Solar power and sea breezes

Energética) indicates how well a home retains heat and uses energy. Coastal homes often need improved insulation and glazing to cope with hot summers and damp winters.

Simple measures - such as energy-efficient appliances, shading systems, and water-saving fittings - can significantly reduce bills. Some homes use greywater for

garden irrigation, and many councils offer grants or tax breaks for renewable upgrades. Green energy is no longer just a trend—it’s becoming standard.


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