what are the best areas to live in malaga spain
Living in Málaga means enjoying the very best that the Costa del Sol has to offer, from year-round sun to delicious food and wonderful properties – no wonder that the urban center has been voted the best in Spain for quality of life. A in one case-industrial port, it's now been completely transformed, with stylish confined, restaurants and a groovy beachfront.
What's it like living in Málaga?
Málaga has previously been voted to have the best quality of life in Spain by a European Committee survey. In the years since then it has but got improve, with a beautiful old town, newly refurbished promenade and wonderful museums and restaurants.
The focus has been on taking an industrial city and port, and making it liveable. The historic centre is condensed into a pocket-size area and is an accented please, renowned for its tapas bars and restaurants. It's a at present a lovely place to stroll in the evening, to stop for a tapa and a glass of vino, or two.
Málaga isn't cheap, so if you need to raise a niggling extra money to buy here, read our brand-new guide, How to pay for a Spanish belongings.
But it'due south not but well-nigh the coin that's been spent. Marbella, for all its wealth, cannot compete with Málaga for culture. Information technology offers every type of fine art, music, history and museum. Andalusia may exist the home of flamenco but Málaga has some very good jazz clubs too. The new Clarence Jazz Gild is one of our favourites, just behind Málaga Cathedral.
Málaga has been voted as the city with the best quality of life in Europe.
The Picasso Museum is a large draw for tourists, merely really there are some other wonderful museums to visit too, amongst them the Museo Carmen Thyssen, the Car and Fashion Museum. With so much culture and corking food and drink, Málaga has get highly pop for the weekend break market place, with all the potential that offers property owners from Airbnb.
Málaga has transformed from an industrial port to one of Spain's about liveable cities.
How easy is information technology to go to Málaga?
Málaga is extremely well connected. There are flights here from every corner of the UK and Europe, all year, including London, Birmingham, Bristol, Leeds, Belfast, Liverpool, Edinburgh, Cardiff, Glasgow and Exeter. It's likewise merely 2.5 hours from Madrid on the AVE (loftier-speed train). It's a busy port too, with ferries to Morocco.
Within the region, the 'Cercanias', or regional trains, connect nearby towns to the city, and, within the city, the two-line metro arrangement is cheap and efficient.
Where are the best areas to alive in Málaga?
Anyone looking at living in Málaga has a huge range of areas to cull from, from quiet and relaxed to busy and humming. Here are some of our top spots, plus how much the average property would toll:
El Palo
El Palo, just twenty minutes' drive from the middle, is a sometime fisherman'southward boondocks undergoing a certain caste of 'gentrification' – while still being very much authentically Spanish. Frontline sea-view properties are by and large low ascension, giving the feeling of existence much further out from the centre than you actually are.
Average price: €2,200/m2
Playa de la Malagueta
Playa Malagueta is perfect for city living right adjacent to the beach.
La Malagueta really puts yous in the heart of everything that attracts people to living in Málaga – it's located on the seafront, right in the centre of Málaga city. The spectacular 1,200m embankment is one of the cleanest in Andalucia with a gentle gradient to the sea (the reward of being manmade). The shallow water, shady palm trees and plentiful facilities, too every bit the lifeguards in flavour, brand it platonic for families.
Average price: €four,600/m2
El Limonar
To the northeast of La Malagueta, El Limonar is a quiet, green neighbourhood that'southward perfect for families. You lot can walk to the Playa de la Caleta, and you're well linked by bus to the historic centre. Properties along the main road, Paseo Limonar, are mainly apartments, but the remainder are largely spacious, detached family houses.
Average toll: €3,300/m2
Centro Histórico
The historic middle is ideal for anyone looking for an authentically Spanish, centrally located spot to purchase a property in Málaga.
The Centro Histórico is Málaga'south characterful sometime town, situated at the foot of the medieval Alcazaba. Well-nigh apartments here are in celebrated, 19th- and early-20th-century buildings. While outdoor space tends to be at a premium, with just small balconies, this is more than made up for by the location, with plentiful cafés and bars lining the narrow streets and squares. It's a typically Spanish district, and can feel a world away from the tourist developments on the coast.
The Centro Histórico feels a world away from the tourist developments of the coast.
Average cost:€iv,160/m2
Paseo Marítimo de Oeste
Paseo Marítimo is betwixt Málaga and Torremolinos, and has more than of a 'holiday resort' experience than the neighbourhoods closer to the city. It'south perfectly ready for visitors, with plenty of restaurants, bars, cafés and small shops in walking altitude, and a long, sandy beach. The perfect spot for a holiday dwelling or rental investment?
Average cost: €2,900/m2
Cerrado de Calderón
Only recently adult in the by twenty years, Cerrado de Calderón is quiet, friendly and boasts stunning views over the hillsides and downwards to the sea. It might be a bit farther from the beach (albeit only ten minutes in the car to Playa Pedregalejo), but the trade-off is that information technology'south very green and at that place'south not much of a bustle compared to the seafront.
Average price: €2,5210/m2
What rental yields can you expect in Málaga?
People expect quality, so for a practiced ii- to iii-chamber apartment in the city centre, you lot could expect an income of €one,000 a month. Shut to the sea or in a favoured residential commune, a 140-foursquare-metre, 4-chamber apartment would bring in €1,200-ane,500 per month for a long-term rental. You could exist looking at well over €2,000 a week for curt-term tourist rentals in the tiptop of the season.
The climate in the Costa del Sol being pretty good all twelvemonth round, Málaga has a 12-calendar month season for tourism. The inconvenience is the direction of tourist apartments, added to which Andalusia now requires licensing of all tourist rentals. At that place are several conditions with which you lot would demand to comply in society to go your license – withal, once it's done, that'south usually it for a flow of fourth dimension.
A big plus for would-exist property investors is that Málaga has a 12-month flavour for tourism.
A word about long-term lets: currently these are by and large for a three-year term after which they can be renewed with the agreement of both landlord and tenant. The tenant tin can give one calendar month's observe to quit (unless otherwise stated in the rental contract) merely may still be liable for rent on the unused portion of the charter.
With the reluctance of many landlords to rent out holding long term, there is a shortage in this market so information technology could be a good and secure investment. On the other hand, the high cost of tourist rentals attracts many prospective buyers to aim for the tourist market place. Either fashion, Málaga is more often than not a safety choice for investment – and with more than and more people from overseas considering living in Málaga, you tin expect need to remain high if you exercise come to sell your property.
To piece of work out rental yield, simply divide your rental income by the total value of the property.
Things to practise in Málaga
Anyone living in Málaga is spoilt for choice with activities – maybe you might observe your motion leads you to take upwardly a new hobby, or pick up an old one you'd always intended to restart. You can endeavour yachting at the new Port Loonshit, or get stone-climbing at the magnificent Chorro Gorge, fifty minutes' bulldoze from the centre. For something a trivial more relaxing, enjoy the year-circular sunshine on one of the fifteen beaches inside the urban center limits. Generally, beaches in the Eastward are smaller and maybe a petty quieter, whereas the West has those sweeping sandy beaches you'll see in brochures.
Of course, don't forget to sample the delicious local cuisine at the thousands of restaurants, cafés and tapas bars in the eye and lining the waterfront. Seafood is in abundance here, with typical dishes including espetos (grilled sardines), cazon en adobo, deep-fried fish, anchovies and squid and clams in white wine sauce.
Plus, don't forget that the climate means you can enjoy even outdoor hobbies all yr round. Even in Jan, you can expect 180 hours of sunshine – more than than double London's lx hours!
Source: https://www.propertyguides.com/spain/buying/buying-property-in-malaga/
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