Spain

Residential Property
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Retail park

Parque Miramar Shopping Centre Fuengirola

Harbour development site

Spain - Commercial Property

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Why Invest in property in the province of Malaga?

• Malaga, its capital is an expanding City with a population of 500,000 with 1.7million in the province.
• Superb climate- average temperatures between 55deg and 73deg and 2,900 hours of sunlight pa.
• Leisure- over 50 golf courses, 8 miles of coastline and 2 hours from the Sierra Navada ski region.
• Shipping- It has the 2nd biggest cruise ship harbour in the peninsular with 300 ships and 450,000 passengers.
• Investment in infrastructure. Malaga airport now has a third terminal and a second runway is under construction. In 2009 the airport handled 11.5m passengers just 1/3 of Gatwick’s traffic. It is the 3rd busiest in Spain. You can fly to 99 destinations directly in 31 countries.
• By train you can reach Madrid in 2½ hours or Barcelona in 4 ½ hours. A new coastal railway connecting Malaga with Marbella is underway.
• Other infrastructure projects include the city’s new Metro subway, the extension of the coastal railway from Málaga and Fuengirola to Marbella and San Pedro de Alcántara, a state-of-the-art Marina at La Sala de Mijas, the scaling-up of various other yachting harbours.
• There are also new schools, hospitals, cultural centres, theatres, shopping malls and golf courses – either recently completed or in the pipeline. With a plethora of pioneering advances in medicine, primary healthcare, science, technology, communications and environmental issues, Southern Spain is almost daily making groundbreaking news.
• Málaga – the birthplace of Picasso and Antonio Banderas, is a serious contender for the coveted 2016 European City of Culture title.
• Marks and Spencer has returned to Spain having sold up in 2001. They have opened a 1,300 m2 franchise store in Marbella and looking for new opportunities.
• The new ring road around Malaga airport is generating great opportunities to invest in warehousing and distribution.
• The downturn in the economy has resulted in buying opportunities.

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