Malaga is one of the best places in the world to live according to the latest international expatriate rankings, including the Forbes international magazine study. Thanks to the media and property experts actively focusing on this city, the interest in buying a permanent, temporary or business property in Malaga has increased exponentially. We will highlight three of all the compelling reasons to invest in Malaga and its quality of life.

Here we will highlight why buying a luxury property in Malaga at this time is an excellent decision and what are the best areas in the high-end profile.

Why buy a luxury property in Malaga?

1.Quality of life.

To understand why Malaga is fashionable, we need to review the parameters on which the experts have based themselves to determine its enormous quality of life. To begin with, it has a wonderful sunny Mediterranean climate and beautiful sea and mountain landscapes. Malaga is also a very stimulating city. It offers, all year round, leisure, sport and cultural activities and boasts, at the same time, tasty local and international gastronomy. We have more posts on specific topics about Malaga so that you can find out how it can make you ‘feel luxury’, where to play golf there, its best mountain routes or even its chicest cocktail areas.

Continuing with the quality of life in Malaga, it is important to point out that it is a university city, as well as a tourist, technological city and one which is full of history. It always guarantees all kinds of services, it is safe to live in and it is, demonstrably, very stable politically. Thanks to its good communications, such as its international airport, its high-speed train or its fast Wi-Fi connectivity, it is ideal as a work or teleworking centre. But, above all, it is a very hospitable city which, from ancient times to the present day, has been able to receive and warmly welcome those who arrive there. It has just the right touch of local flavour and multiculturalism.

2.The largest portafolio of luxury properties in Spain.

The province of Malaga, which includes more than 100 towns, among them the famous Marbella, Estepona or Benahavis, is the Spanish province with the most TOP properties currently for sale. It concentrates more than 23% of the Spanish luxury real estate market. This means having an incredible portfolio of high-end properties available, both villas and apartments.

It is also in the midst of a boom in the development of quality housing. Numerous new units are currently being built, especially in the east and west of the city, and many on the beachfront. At the same time properties are being renovated in historically valuable areas such as El Limonar o Monte Sancha. Nor should we lose sight of the fact that Malaga’s properties are easily rented out, as well as being demonstrably able to increase in value and be re-sold.  Luxury property investment in the city is guaranteed and is highly profitable.

3. It is in full business expansion.

A clear example would be the progressive establishment in the city of cutting-edge technology companies, with over 600 firms in the Parque Tecnológico de Andalucía in the Campanillas area. Of course, Google’s new cybersecurity headquarters in the city’s port has been the definitive boost for digital and technological businesses.

Other companies, from other sectors, are also betting heavily on Malaga. Here there is an atmosphere of optimism and stability in the face of the difficult geopolitical context in other parts of the world. Speaking in figures, 2023 closed with 7,088 new trading companies in the province of Malaga, almost 12% more than the previous year. In turn, 2024, although it is still too early to assess it in its entirety, started with the best rate of company creation in the last twenty years.

This has also been the case for Christie’s International Real Estates - Costa del Sol. In order to strengthen its presence in the south of the Mediterranean, in February of this year it opened a new real estate office at number 25 of the prestigious and beautiful Paseo de Reding. This office is already consolidated and offers, with the best professionals, the best properties in Malaga city and its surroundings.

This growing and healthy business network not only means improvements in the economy, employment, social stability or the provision of services, it is also an unmistakable sign of the current quality of life in Malaga.

To see our team’s favourite places in Malaga click here.

For the full portfolio of Malaga’s prime properties, click here.