We have been advising and accompanying you since 2002 to find the best place to live in this Andalusian region. We take care of finding your house for sale in Spain. But why this region of the Costa del Sol and Malaga?
Malaga is the place to be
Denogent properties and its 20 years of experience provide information about the suitable location based on your budgets and desires, we know all the details and characteristics of every corner of this enchanting region.
We will help you find your dream while avoiding pitfalls and administrative hassles.
We will study your budget and the location that best suits your investment, while respecting your long-term vision and considering tax implications.
What is the secret to achieving good results in Malaga and more broadly on the Costa del Sol:
- The right location
- At the right price
- Sometimes renovated with suitable home staging
- Having the contacts for good deals and keeping up with the constantly evolving market
Choosing Malaga, means opting for a city renowned for its sunshine, security, strong growth, and unparalleled quality of life in Europe. Malaga is currently also the trendy city, especially since insecurity and separatism have caused hundreds of companies to migrate from Barcelona to Malaga.
One of the busiest airports in Spain
An essential indicator of a city’s growth, important for understanding the future of a region, it allows the economic attractiveness of a region to be evaluated.
Malaga Airport is much busier than Seville or Valencia Airport. It even surpasses Nice Airport. And it is no longer solely focused on leisure tourism! An increasingly significant portion of tourism in Malaga is business tourism, which is growing considerably.
The establishment of Google, Oracle, Vodafone, Amazon, and more than 150 technology startups in the PTA area (Andalusia Technology Park) has a significant influence on the business travel sector. The city council’s desire is to make Malaga the European Silicon Valley.
The city of Malaga
One of the highest occupancy rates in Europe for rentals through web platforms.
In Spain, Malaga is unbeatable. Rentals for visits or stays of one or two weeks throughout the year are constantly increasing.
An urban development plan that revitalized the city center.
What enabled this change?
A strong growth policy focused on tourism.
The pedestrianization of Malaga’s city center since 2000 has transformed the historic center, considerably enhancing the heritage and surrounding businesses.
Soon, the metro! That’s the only thing missing in Malaga, which will facilitate urban transportation starting in 2023.
The best locations to invest in Malaga
La Malagueta
Seaside, close to the port and city center.
There are some important cultural points in this area. Among them, we can distinguish:
- La Plaza de Toros: a bullring where spectacles and concerts take place throughout the year.
- El Centro cultural la Malagueta: a cultural center that includes a museum showcasing 6 centuries of history and collectibles related to bullfighting.
- El Tablao Flamenco Alegría: a flamenco theater in Malaga.
- Cine de Verano La Malagueta: an open-air cinema located on the beach of La Malagueta, which takes place during the months of July and August.
How does La Malagueta position itself from a real estate investment perspective?
It is simply the most sought-after area in the city. Small properties are quickly snapped up, and properties with a tourist license are scarce.
Most owners are older and members of the bourgeoisie.
Therefore, there are interesting capital gains to be generated!
Limonar
The most exclusive residential area in Malaga.
This neighborhood includes a large number of educational centers for all ages. In fact, the French high school is located in this neighborhood. In addition to being a distinguished place, Limonar is both close to the city center and the beach.
Limonar is the most expensive neighborhood in Malaga, with a calm and comfortable environment.
Pedregalejo
A multicultural place by the beach.
Located 10 minutes from the city center, served by buses, the Pedregalejo neighborhood is a former fishing village. Its strategic location, isolated from urban noise, and its charm greatly appeal to the people of Malaga and foreigners.
This neighborhood is also home to many language learning centers. It attracts many foreigners who want to live in Malaga while taking language courses. These students often need accommodation for a longer or shorter duration.
You will find many “casas matas”. With typical Andalusian architecture, these houses are highly sought after by buyers because they are directly facing the sea. You also have the option to live in a residence near the sea, in the second line from the beach. This way, you can enjoy the communal pool and a modern terrace just a few steps from the beach. Numerous beach restaurants/chiringuitos.
El Palo
The marine and traditional influence of Malaga
Just like in Pedregalejo, this area was originally an old fishing village. It is also renowned for its beaches, making it extremely popular among lovers of the seaside.
You will find beautiful beachfront houses and second-line apartments here. Prices are slightly lower than in Pedregalejo, due to the distance from the city center.
Coastal area to the west of the city
The advantage is that new constructions are underway in the neighborhood. So, you may sometimes find properties with:
- Swimming pool
- Gym
- Tennis/Paddle courts
The long seafront promenade is particularly appealing to both vacationers and residents looking to relax, play beach volleyball, or go for a jog. However, before purchasing a property, it is advisable to carefully read the community regulations, especially if you plan to use it for seasonal rentals. It is very common for foreign buyers to overlook the need to check all the administrative formalities or rush into a decision based solely on their emotions.
Similarly, if you purchase a property to renovate (which is available in this neighborhood), it is crucial to update it in order to achieve a high occupancy rate/home staging.
The Old Town, Casco Histórico
The historical center, a privileged and magical area.
The historic center is undoubtedly one of the best places to live and invest in Malaga.
It is home to the main museums in Malaga:
- Museo Carmen Thyssen Málaga
- Museum of Malaga
- Museo Picasso
- Museo Revello de Toro
- Museo de Arte Flamenco/ Pena Juan Brava
- Cathedral of the Incarnation of Malaga (national monument)
The architecture is influenced by Moorish style, making this part of the city very charming.
You will also find Calle Marqués Larios, one of the main shopping streets surrounded by buildings dating back to the 19th century. Finally, in the famous Plaza de la Merced or Plaza Uncibay, you will be surrounded by the best bars and restaurants in Malaga.
These attractions contribute to the growth of the real estate market in the center of Malaga.
What should I know before investing in the city center of Malaga?
Firstly, you are making an excellent choice!
This is where business and cultural tourists stay. It is also a neighborhood that Spaniards particularly enjoy for tapas and strolling day and night.
If your goal is profitability, make sure that your accommodation has the tourist license.
Additionally, to maximize the profitability of your accommodation, we have agreements with language centers and technology park companies.
El Perchel Sur
A residential and commercial district
Located by the Guadalmedina River, this district is both dynamic and relaxed.
Being close to the Malaga train station and the city center, it is an excellent area to become a property owner. Although it still preserves a number of historical remnants, it is an area that has easily modernized. Moreover, this place is particularly well-connected to the city center thanks to the Puente del Carmen, which connects the Perchel Sur area to the Soho neighborhood (next to the historic center).
Good to know: El Perchel Sur is where you’ll find the long Avenida de Andalucía, an important avenue in the city as it is home to the largest Spanish chain of department stores, El Corte Inglés.
El Soho
The artistic and trendy place in the city.
Considered one of the avant-garde areas of Malaga, Soho is the new trendy neighborhood in the provincial capital. Situated between Muelle Heredia and the main Alameda, it is a zone that combines culture and commerce. It is also known as the “fine arts” neighborhood since it has the highest concentration of urban art in the city. Therefore, it is the ideal area for art enthusiasts. In addition to the murals found on every street corner, you will have the famous Contemporary Art Center (CAC) nearby. And Antonio Banderas has recently opened his new Broadway-style theater there, which is a great success.
Thus, it is an area that offers many luxury apartments with views of the city and the distant sea.
Téatinos
The district of universities, no difficulty in renting to students or offering roommates, 45,000 students!
We are the experts in the city of Malaga and also throughout the Costa del Sol. We also work extensively in Marbella, Mijas, Fuengirola, Elviria, Calahonda, Estepona, as well as the more rural interior; our scope of activities is broad.
We await you in paradise!
