"Prices Are Absolutely Crawling On The Floor"—Why Now Is The Time To Be Shopping In This Crisis MarketNov. 13, 2014, Malaga, Spain: The foreign-driven property markets on the Costa del Sol, Spain, specifically in Malaga, have hit the bottom; it’s time to buy.
Dear Live and Invest Overseas Reader,
Malaga is a wonderfully picturesque city on Spain's Costa del Sol sandwiched between the looming Montes de Malaga and the azure Mediterranean and capital of the varied, culture-rich province of Andalusia. It's also right in the middle of what is Europe's most tourist-heavy stretch of coastline. And while you might expect to find the same endless nondescript white tower block apartments and hotels that scar much of the rest of the Mediterranean's most popular locales here, Malaga has a whole lot more to offer.
When I stepped off a plane into the Andalusian capital last week I found a ribbon of great beaches, mountain trails that make for superb hiking, remarkable architectural sites, and art museums that befit the birthplace of Pablo Picasso. But the big surprise was that Malaga also offers a surprisingly authentic slice of Spanish life. Freshly landed fish sold in bustling, ancient markets...eclectic tapas in hidden old town eateries...
wild-eyed beasts being put to the sword in the bullfighting stadium...and flamenco spilling down cobbled streets through wooden-shuttered windows. Malaga is the postcard image of Spain-made life.
Yet Malaga is largely overlooked.
"Well," explained English-born expat Barbara Woods when I met with her, "this was a right tatty dump 20 years ago!"