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Apart from a slight fall in sales in August and September last year, the Spanish property market has now been improving in a positive and steady rate, month by month, since 2016. The good outlook continues as industry forecasts are also looking bright and sunny for the real estate market in Spain for 2020.

Several significant factors are indicating that the sector will not only continue growing in a buoyant manner but that buyers can feel confident that the year ahead will provide yet another great opportunity to buy property in Spain.

For British investors, the recent Conservative landslide in the December general election has at last provided an end to all the uncertainty created by Brexit. Boris Johnson’s administration has ensured the United Kingdom and Northern Ireland will definitely proceed with leaving the European Union; no matter what views individuals feel about the issue, there were undeniable positives delivered by the result. A relief that the matter is settled at last and the delivery of a strong sterling currency being two major factors. The end of the stalemate has ensured that at the very least UK ex-pats and investors will now be encouraged to once again consider the Spanish property market.

The Brits remain a major player in the list of nationalities purchasing a property in Spain each year, but there are many other international communities that choose to settle here, or other foreign investors looking for a good return on their money.

Anyone interested in purchasing a Spanish home in 2020 can look at several positive financial indicators to help them feel confident about making this exciting step. Spanish mortgage rates are currently around an all-time record low, providing house buyers with favourable loan options offered by money lenders.

Options for purchasing new build properties are expanding once more as the Spanish construction sector continues to recover, and most importantly building licenses are finally being approved by local councils.

Data published by the Bank of Spain in 2019 included predictions of a 9% return from an investment in real estate in Spain. Homeowners looking to earn additional income by renting their property for holiday rentals or on a long term private lease will find a flourishing market that exists in this part of southern Europe, particularly within Spain’s popular coastal resorts.

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Join the jet set with glamorous coastline, luxury apartments, fashionable bars and restaurants, and stylish city life.Located in southern Spain in the region of Andalucia, Malaga province is probably best known for its gorgeous beaches, particularly those along the Costa del Sol (‘Sunshine Coast’). This glamorous strip of coastline is similar to Southern California in climate and scenery, with warm weather throughout the year and a landscape comprising beaches, cliffs, estuaries, bays and dunes. If you fancy a taste of the high life consider relocating to Marbella, playground for the rich and famous; think expensive yachts, fashionable bars and restaurants, luxury apartments, and designer shops.

However, there’s so much more to Malaga than the Costa del Sol. The city of Malaga itself is buzzing with a growing gastronomic scene, edgy urban arts, and a huge number of museums. The birthplace of Picasso, Malaga’s many museums include the Museo Picasso Malaga, which was opened in 2003 after more than 50 years of planning.

Malaga is also fast becoming the food hub of southern Spain, thanks in part to a varied landscape which provides all the conditions needed for virtually every type of produce. Restaurants in the area have access to an abundance of freshly caught seafood and excellent local produce including olive oil, wine, cheese, ham, and a huge array of fresh fruits and vegetables.As with other parts of Spain, there are excellent transport links in the area, including Malaga airport, which provides affordable access to most parts of the world. Public transport in the province is plentiful and great value for money, with air-conditioned buses and trains running regularly. Malaga city also has an excellent cycle network, with affordable bike rental services and miles of bike lanes. The province has lots on offer for families too, with international schools and plenty of leisure and adventure parks to entertain the young (and young at heart!). 

 

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And the good news keeps rolling in from Spain. There is no room for them all, so I will only tell you two very big news.

Spain has several companies that are world leaders in the technology sector, including high-speed rail and solar & wind energy, but now Spain is furthermore firmly put on the world map as the place where the cars of the future will be certified.

Cars of the future will become self-driving and are connected to the outside world via telecommunications.

A new test track for these cars with 5G technology has just been inaugurated as a joint venture between Germany's www.dekra.com which, with its 47,000 employees, certifies electronic devices for the EU, US and Canada, the Spanish telephone company Telefónica, Malaga Technical University, the Spanish state and the local city council of Malaga.

This collaboration will provide thousands of new high-tech jobs in Malaga for the large technology sector for certification of future cars. Congratulations to Malaga !!!

The prestigious World Economic Forum in Davos, best known as the organizer of the annual summit of the world's most important and influential people in the international financial world, publishes a list of the world's best tourist countries every two years.

Spain has been voted # 1 in 2015, 2017 and now again in 2019

The reason why Spain is number 1, is that “Spain has world class in terms of nature, culture, exciting lively metropolitan cities and small medieval cities, gastronomy, clean beaches and not least an impressive infrastructure with new roads, cruise ship ports and modern facilities airports ". Spain receives about 85 million tourists every year, and the number is increasing year by year. Congratulations to Spain !!!

And then the last great achievement: Spain has again become World Champions in Basketball. Congratulations Spain !!!

There is plenty to be proud of if you are Spanish, and for those of us who have chosen Spain as our new home, yes, we are equally proud to live in an amazingly beautiful country with a capable, friendly and wonderful population. Viva España !!!

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The International credit ratings agency Standard & Poor’s has raised Spain’s credit rating in its latest Global Ratings to A-, the highest level the country has experienced for six years…

This improvement is based on the notion that Spain’s economic growth is expected to outpace that of the eurozone area in 2018, while the government’s budget deficit is poised to shrink significantly this year.
In a statement issued by S&P last week, Spain’s rating was raised “in view of the country’s continuously strong economic performance, accompanied by a solid current account surplus”.

This is all very welcome news for people who are in the process of making a decision about buying property in Spain.
While an A- ranking means that Spain still has six positions to rise before its economy can be said to be truly purring, it represents a marked improvement on 2012 when the nation’s property crash sent the country’s banking sector into a tailspin that was only stopped by an EU-backed bailout.

Since then, however, Spain’s economy has enjoyed 18 consecutive quarters of growth, with the Bank of Spain now equally as bullish as S&P in forecasting uninterrupted growth through to until at least 2022.
Before the increase, S&P rated Spain’s economy BBB+, which sounds OK but actually comes with much baggage that can make it difficult for the government to borrow money.

S&P is confident that Spain can further improve its score over the next couple of years.

Earlier this year, another global ratings agency Fitch, already increased Spain’s rating to A-, while Moody’s – the third of the big three agencies – is expected to follow soon.

 

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Is this Spain's most underrated city break?

THE TELEGRAPH 6 MARCH 2018

Spring arrives early in the south of Spain 

6 MARCH 2018 • 9:49AM

The birth place of Picasso boasts Easter parades, tapas tours and its very own Pompidou Centre. It’s so much more than just a gateway to the Costa del Sol. 

Why go now

To enjoy the sunshine of Andalucia’s early spring, and for Easter week (March 25 to April 1). Malaga’s Semana Santa features hooded penitents shuffling through the rosemary-strewn streets carrying figures of Christ and the Virgin Mary – and you might spot Antonio Banderas, too. Airlines flying from UK airports include easyJet (easyjet.com), British Airways (britishairways.com), Vueling (vueling.com) and Norwegian Air (norwegian.com/uk).

Stay here

Right by the beach, the five-star Gran Hotel Miramar (1) (telegraph.co.uk/tt-grandmiramar; doubles from €160/£141 without breakfast) combines grande dame glamour with contemporary design. If you are going for Easter, book a room with a street view at the chic and central Room Mate Larios (2) to see the processions from your window (telegraph.co.uk/tt-matelarios; doubles from €80 without breakfast). 

 

Gran Hotel Miramar Malaga, Andalucia, Spain, 8 Telegraph expert rating

Pack your film-star shades and a statement hat. Grand style meets contemporary luxe at the Miramar, which is all about full-on seaside grandeur. I half expected to see Hercule Poirot sitting behind one of the palms in the courtyard. This is the hotel that will put Malaga firmly back on the glamour map. From£141per night Check availability Rates provided by Booking.com

Walk here

From Plaza de la Merced (3), where Picasso was born, walk down the pedestrianised Calle Alcazabilla with the Roman amphitheatre on the left and above it the 11th-century Alcazaba fortress (4). Up ahead, visit the excellent Malaga Museum (5) (museosdeandalucia.es; free), then stroll along the palm-lined paths in the Paseo del Parque (6) to reach the glass cube that houses the Pompidou Centre (7) (centrepompidou-malaga.eu; admission €7) before walking back along the Muelle Uno (8) waterfront promenade.  The Plaza de la Merced, Malaga CREDIT: GETTY

See this

Book tickets online in advance for the Picasso Museum (9) (museopicassomalaga.org; admission from €7). The exhibition And Fellini Dreamed of Picasso runs until May 13.

Try this

The Soho Street Art and Tapas tour serves up culture with bar stops (welovetapas.com; €48 per person).  The sweet combination of wine and tapas CREDIT: GETTY

Shop here

Stroll up Calle Marqués de Larios, Malaga’s elegant main shopping street, then veer off into the adjoining lanes to come upon traditional shops such as Calzados Hinojosa (10) (Calle San Juan 20), which has been selling espadrilles for almost a century. 

Drink here

Install yourself at a terrace table at Café de Estraperlo (11) (Plaza del Poeta Alfonso Canales 4) and you will soon get chatting to the friendly team and regulars. Beer from €1.40; gin and tonic from €5.50Show more

Eat here

At Lola y Ludwig (12) (Calle Vendeja 29) in the Soho area, Andalucia meets Ireland in tapas such as chorizo sautéed in Jameson whisky (€3.50) and dishes including octopus with colcannon tart (€14). 

La Concepción, three miles (5km) north of the city centre, is one of the best botanic gardens in Europe (laconcepcion.malaga.eu; €5.20). Created in the 19th century, it is particularly voluptuous in spring. The Malaga Tour sightseeing bus (green line) is the easiest way to get there (city-ss.es/en/malaga; ticket €1.30). See malagaturismo.com for more information.

 

 

 

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A beachside apartment, a villa on a golf course, a traditional finca or village house – whatever kind of home you’re looking for, Spain, and particularly the Costa del Sol will tick the box.

A beachside apartment, a villa on a golf course, a traditional finca or village house – whatever kind of home you’re looking for, Spain, and particularly the Costa del Sol will tick the box.
Most people’s first impressions of the Costa del Sol is that it is a beach destination.

But the more time you spend here, you will discover some wonderful alternatives to a typical Spanish beach apartment.

Luxury penthouses, duplexes, comfortable two bedroom apartments and studios – different styles of apartment are aplenty in the region.

You could chose a sleek urban city apartment in Malaga or a frontline golf villa in Marbella, an apartment in La Cala or a luxury residence.

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