Why is Costa del Sol so expensive?

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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East Marbella is by far the most affordable area to buy and live in. Property here is great value, and you will also find a host of 'hidden gem' restaurants and bars where the prices are far more competitive than in the flashy marinas nearby.

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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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Known along the Costa del Sol as having the 'richest town hall', it's no surprise that Benahavis is the richest town in Malaga province, with an average gross annual income of €28,428. Second is Rincón de la Victoria, with a gross average income of €27,003.

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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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Barcelona, Spain Barcelona oozes style and is easily one of the most luxurious cities in the world. What was once a run-down port with its back to the sea has been transformed into an international sensation.

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According to the statistics, Madrid and Barcelona have the 10 neighbourhoods with the highest average net annual income per inhabitant in Spain, making Madrid and Barcelona the wealthiest cities in Spain.

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Some popular regions for budget-friendly property include Andalusia, Murcia, and Castile-La Mancha, amongst others. In these areas, you can find houses and apartments for sale at prices that are significantly lower than in more expensive areas such as Madrid, Barcelona or the Balearic Islands.

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