You can invest your money in almost anything. However, analysts agree that real estate tends to retain its value. If you are considering buying an apartment or house as an investment opportunity, it can represent a low-risk investment with a steady income—provided the property is purchased for the purpose of regular rental returns. The Costa del Sol coastline, with its guarantee of the sunniest weather in Europe, offers excellent opportunities in this regard.
The Andalusian coastline holds a unique position in Europe thanks to its more than 300 days of sunshine per year. This makes it ideal not only for the development of electromobility (perhaps more on that another time), tourism (Spain is consistently the second most visited country in the world), but also for investment in foreign real estate. This is largely because the local climate attracts people year-round, especially those from Central and Northern Europe who wish to enjoy sunny weather even in autumn and winter months.
Both long-term and short-term rentals are in high demand, partly due to the rise of remote working. “Today, the ratio of properties bought for rental versus personal use is about fifty-fifty,” says Monika Vavreková, co-founder of Viva España. She adds that she strongly recommends purchasing property on the Costa del Sol as a long-term investment: “In the future, it will benefit not only the family and children, but also friends and acquaintances who will be able to visit and enjoy the sea and warm weather. Such an investment will definitely appreciate in value. I have done it myself, so I know what I’m talking about.”
Higher Rental Yields
Czechs generally purchase investment properties—most often apartments—in attractive tourist destinations by the sea or in the mountains. Andalusia offers both: mountain resorts as well as endless stretches of coastline. The advantage of investing in local property is the combination of attractive rental income and the possibility of enjoying warm weather even during the winter months. “We support the selection of the right investment property with data. After purchase, we connect clients with a company or individual who can manage rentals. Typically, income from just one to two months of summer rental is enough to cover operating costs,” explains Viktor Margita, co-founder of Viva España, highlighting the economic appeal of the Costa del Sol.
Some buyers may worry about unfamiliar regulations, laws, fees, or taxes. The real estate agency is ready to assist with all of this from start to finish. “The real estate market here in Spain is completely different from that in the Czech Republic or Slovakia. That’s why it’s better to hire us to guide you safely through the entire process—from selecting a property to signing the contract at the notary. You won’t have to worry about anything; you’ll be calm and stress-free. However, there must be absolute trust between us and the client, which I consider to be one of the most important aspects of the entire transaction,” says Monika.
Viktor adds: “Investing in real estate abroad is, in the long term, a very suitable way of building assets. Beyond the financial aspect, it also opens the door to a country where the quality of life is higher, yet paradoxically more affordable than at home. Quality for less money—that sounds like a marketing slogan, but here it is absolutely true.”
For those interested in purchasing foreign property without using all their available funds, financing through a mortgage from a Czech bank is also an option. However, some banks require collateral in the home country. In the case of financing property abroad, the buyer must be an EU citizen purchasing within the EU. “Most of our clients finance their property purchases from their own resources, but occasionally someone chooses to use a loan. We are able to arrange and assist with this financing as well,” Monika reassures potential clients.