In the south of Andalusia is the Costa del Sol, a coastline where the sun shines almost all year round, giving its name to this iconic destination.
Bathed by the Mediterranean Sea, the Costa del Sol stretches along more than 150 kilometres of coastline, combining fine sandy beaches, natural dunes, impressive cliffs and charming white villages.
Tradition and modernity coexist here: from small villages with authentic Andalusian character to vibrant cities where history, culture and contemporary lifestyle are seamlessly integrated by the sea.
One of the biggest attractions of the Costa del Sol is its climate: more than 320 days of sunshine a year and mild winters.
This exceptional climate is complemented by:
All this makes the region an ideal destination for both permanent residences and extended stays, especially during the colder months in northern Europe.
Currently, more than one million foreigners – mainly from northern Europe – have chosen the province of Malaga as a place of residence or real estate investment, either as a main home or second home.
The Costa del Sol is home to some of the most attractive and globally recognised cities.
Its strategic location also allows easy access to emblematic cities such as Seville, Granada and Cordoba, authentic references of Andalusian cultural heritage, many of them declared World Heritage Sites by UNESCO.
The Costa del Sol is an ideal destination for lovers of sports and outdoor life.
They highlight:
This environment allows you to enjoy an active lifestyle all year round, combining sea, mountains and sport in a single region.
Beyond its beaches, the Costa del Sol offers an environment of great ecological and scenic value.
These areas are home to a great diversity of flora and fauna, offering unique natural experiences.
The Costa del Sol is one of the best-connected destinations in southern Europe.
Malaga-Costa del Sol Airport is the third most important airport in Spain and offers:
In addition, the region has:
Andalusia offers a particularly attractive tax framework compared to other regions of Spain.
Its advantages include:
The Costa del Sol offers a unique combination of:
All this positions it as one of the most solid, safe and attractive destinations in Europe both to live and to invest.
The Costa del Sol uniquely combines three factors that rarely coincide in the same destination: exceptional climate with more than 320 days of sunshine a year, direct air connectivity from more than 100 international destinations and a diversified real estate offer that covers everything from entry-level apartments to ultra-luxury villas. Added to this are Andalusia’s tax advantages – including the elimination of wealth tax and inheritance rebates – and an international services infrastructure that has been consolidated over decades. The result is a market with sustained demand even in adverse economic cycles, supported by more than one million foreign residents who have chosen the province of Malaga as their permanent home or second home.
Andalusia is currently one of the most fiscally favorable regions in Spain for international owners and investors. The Junta de AndalucĂa has eliminated the wealth tax, which is a significant saving for owners of high-value assets. Inheritance and gift tax has been subsidized by up to 99% for direct family members, facilitating estate planning and the intergenerational transfer of properties. Additionally, the ITP (Property Transfer Tax) for second-hand homes stands at 7% in Andalusia, one of the lowest in Spain compared to 10-11% in communities such as Catalonia or the Balearic Islands. For non-residents, the IRNR rate on capital gains is 19% for EU and EEA citizens, which makes investing and subsequently selling real estate in the region particularly attractive.
The Costa del Sol offers several structural advantages over these destinations. In terms of price, the cost per square metre on the Costa del Sol – even in prime areas such as Marbella or Benahavis – is significantly lower than in Saint-Tropez, Nice or Lake Como, with a comparable quality of life and service offer. The climate is more favorable, with milder winters and a greater number of hours of sunshine per year. Air connectivity from Malaga airport – the third in Spain – exceeds many airports on the French Riviera or Tuscany in frequencies and direct destinations. Finally, the Andalusian fiscal framework, with the elimination of wealth tax, represents a very specific advantage compared to France or Italy, where taxation on wealth and real estate income is considerably higher.
The buyer who currently takes the best position on the Costa del Sol is the one who combines personal use and investment: he acquires a property that he enjoys as a second home several weeks a year and generates profitability through holiday or long-term rentals the rest of the time. This profile – very common among buyers in northern Europe, the United Kingdom and, in recent years, Latin America and North America – benefits from a solid rental demand for twelve months thanks to the combination of sun and beach tourism in summer, golf and wellness in winter, and telecommuters and digital nomads throughout the year.
Well-located properties in Marbella, Estepona, Fuengirola or Benalmadena with good rental management offer gross yields of 4% to 7% per annum, with prospects of capital appreciation driven by the scarcity of coastal land and the sustained growth in international demand.
More Information.
Informe de Mercado 2026 Costa del Sol BK Realty.
Fotocasa: Mercado de la Vivienda en AndalucĂa 2026.
Sources: Instituto Nacional de EstadĂstica (INE) · Registradores de España — Property Registry Statistics · Junta de AndalucĂa — Ministry of Development · Idealista Research · BK Realty Group. Data compiled May 2026.
