Costa del Sol in Spanish property boost

Thursday, 4th June, 2009 by admin
The Costa del Sol has come out on top in the latest tourist statistics for Spain, something that may encourage Spanish property buyers considering buy-to-let investments in the area.

Hotels in the region had a 50.63 per cent occupancy level during April, rising to 55 per cent at weekend, according to figures from the Spanish National Institute of Statistics, Nubricks.com reports.

The portal noted that this was ahead of areas like the Costa Brava and Costa Blanca and serves as proof that the region is still highly popular with domestic and foreign tourists, as well as enjoying a more year-round appeal than was once the case.

Those keen on investing in Spanish property may also consider homes in the Costa Del Sol for cost reasons.

In a feature on the area, the Times recently commented that British investors have "never had it so good", with discounts on asking prices of as much as 40 per cent being achieved.

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