New builds in Malaga for Sale

City on the map

Malaga is a resort town in the south of Spain, located on the Mediterranean coast in the south of the Iberian Peninsula in a bay surrounded by a mountain range.

Why is it profitable to buy apartments in Malaga in the new builds?

The main income of the city and the province of Malaga comes from tourism - every year millions of visitors from all over Europe flock to the coast. This city of ideal rest is especially popular among the British. In general, the rise of the local economy is directly related to the tourism business, there is all the necessary infrastructure that meets modern requirements, everything is thought out, convenient and safe. This circumstance alone already testifies to the investment attractiveness of Malaga.

In addition, the city has a rich history - Malaga was founded by the Phoenicians. The era of Moorish rule played an important role in the development of the city. Architectural monuments of that period have been preserved here. Malaga is also known for the birth of the great master of painting Pablo Picasso.

Shopping and walking along the green streets, swimming and nightlife - all of this awaits visitors to rent a home or buy it for living or investing here.

The city has a large airport, a railway connection and intercity buses. As for transport links in the city itself, it is convenient to walk around the center, but there are more than 30 bus routes that run strictly on schedule. There is also a kind of transport - a symbiosis of tram and metro. Of course, you can also get around by taxi.

The State University of Malaga alone has nearly 36,000 students coming to the city, some of them prefer to live in a rented apartment, rather than in a hostel where privacy is limited. There are also other educational institutions here.

Malaga has a typical Mediterranean climate with hot and dry summers and mild and rainy winters. Fresh breezes from the sea significantly alleviate the heat in the summer months, making the city one of the most livable cities. Winters in Malaga are warm, in December-February the temperature is 17-18 degrees Celsius (as the mountains protect the city from cold northerly winds). Thus, it is comfortable to relax and live in the city.

New builds for sale in Malaga are the most demanded type of housing, the demand for them is great. In summer, on the part of employers - both tourists and business people, in autumn and winter - students who joined them.

Malaga, like other large cities in Spain, is characterized by a large number and variety of multi-apartment residential complexes. Residential complexes in Malaga are being built in compliance with advanced technologies; the sale of apartments from developers can be carried out on a full payment basis or in installments. New homes in Malaga from the developers have new communications and modern layouts; there are positive reviews about the quality of the objects being built.

Buying an apartment from the developers in Malaga is relatively inexpensive by the standards of the EU real estate market (and even taking into account the resort status of the city with international recognition). In accordance with the information provided by the real estate search engine GEOLN.COM, the minimum price per square meter of turnkey area is 1,840 USD; there is all the necessary infrastructure nearby.

Purchase of apartments in Malaga from the developers by foreigners

Foreign citizens can buy apartments freely, having the same rights and obligations as citizens of the country.

Highlights of the city

• the ruins of a Roman theater
• palace-fortress of the Moorish kings Alcazaba
• Gibralfaro lighthouse fortress
• Picasso Museum
• Museum of Malaga
• Museum of the development of the city and province
• Carmen Thyssen Museum
• branch of the Russian Museum
• automobile museum
• Center of Contemporary Art
• Jorge Rando Museum
• La Malagueta bullring
• the popular city beach of La Malagueta.

Areas of the city where it is better to live and more profitable to buy real estate

According to experts, Malaga has the highest percentage of real estate development - it occupies about 80% of the entire coastal area. There is a lot of construction and the supply of primary housing is diverse, however, the demand for real estate in Malaga in new homes for sale is still high.

High-status and expensive housing in Malaga is located in the historic center of the city, where offices, shops, bars, restaurants, nightclubs, concert halls, and the Center of Contemporary Art are located.

Near the historic center is the La Malagueta area, bordering the waterfront. Here luxury housing is concentrated, which is often rented to wealthy tourists.

The most fashionable area is El Limonar. It is dominated by expensive villas and closed locations with swimming pools, tennis courts, sports and playgrounds.

 High-end areas include La Caleta, Pedregalejo, Pinares de San Anton and Lomas de San Anton.

Middle-class housing, where the buildings were built in the middle of the last century and have undergone major renovations, is concentrated in the Cadiz Road area. There are many green areas and places for families with children. A new residential area called Pacific Avenue is equipped with the playgrounds; another plus is the proximity to the sea.

Investors should pay attention to the Theatinos area in the western part of the city. It is considered as an area for students, since the University of Malaga and many other educational institutions are based here. The area is built up with new housing, the infrastructure includes many tennis courts and other sports facilities; there are also bars and nightclubs in this area.

Purchasing an apartment in one of the new developments in Malaga is a profitable investment project that gives the investor a high income from rent, resale of housing, as well as a rare opportunity to relax, live and develop in one of the most beautiful and comfortable places in the world.