Why are expats leaving Costa del Sol?

Apart from cheaper homes, WFH and wine, one factor driving Britons and other foreigners is the cost of living crisis: cheaper living outside the Spanish property hotspots like Madrid, Barcelona, the Balearics and Marbella is increasingly important, estate agents say.



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Estepona seems to be the favorite town of many Expats on the Costa del Sol. They rave about its charm, authentic Spanish architecture (no ugly high-rises here), cobblestoned streets, pots of flowers hanging everywhere, pretty beaches, and laid-back vibe. Lots of restaurants, bars, and a long seaside promenade.

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Located in Asturias, Ponga offers Brits the chance to get paid to move there due to its own lack of inhabitants. On the face of it, making the switch seems like a no-brainer. Ponga get around 2,000 hours every year, compared with the UK's 1387, so if you're sick of the sunshine, that's one reason to move.

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Overall, the cost of living in Spain vs UK is lower in almost every aspect. Each food shop, petrol fill-up and utility bill will on average cost less than in the UK. But it is the price of renting or buying property which is the largest contribution to Spain living costs being 21% lower than the UK.

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Costa del Sol properties have increased considerably in value over the last year, driven in part by foreign demand. Prices currently stand at 33.5% higher than the Spanish average and analysts believe that this trend too will remain in the immediate future.

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Sierra Blanca is the most exclusive and sought-after area in Costa del Sol. Located in the heart of the prestigious Golden Mile, Marbella and known for its modern villas and high-level security, Sierra Blanca is the Mediterranean dream.

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Not far inland from Estepona is Grazalema, Spain's wettest place. The area from Malaga eastwards is generally warmer throughout the year than the rest of the Costa del Sol because the Atlantic breezes don't reach the area. This is an advantage in winter, but not in the summer.

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