THE PROPERTY
S PE CI AL
Currency transfers you can trust
Credit - Shutterstock / xbrchx
Fully authorised to operate in Spain | www.currenciesdirect.com
Sun, scenery, and soaring demand THE Costa del Sol 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 Marbella, Mijas and Benahavis. 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. In Puerto Banus, weekly rents 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 for
the Costa del Sol.” 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 gourmet appeal of Benahavis, the buzz of glitzy Marbella or the peaceful authenticity of inland white villages, southern Spain continues to deliver on investment, lifestyle, and longterm value.