1. Why is Costa del Sol one of the best places to get a holiday home?

The Costa del Sol is one of Spain’s hottest properties. While the prices have increased over the years, the advantage of buying a property is that you can recoup the investment by renting it out to its many tourists. You can also invest in the growing number of golfing resorts in the area.

2. What’s the benefit of buying into a condo or a subdivision?

You have the benefit of high quality communal facilities, so by paying a quarterly service charge you save on the hassle of maintaining your own garden and swimming pool. You also have peace of mind when you are away that the development is lived in and looked after.

3. Can I borrow from a Spanish bank?

Their choice of mortgages is more limited than that in the UK but it’s a relatively simple process to secure a mortgage, provided you have evidence of income and a letter from your bank. If you are not a Spanish resident, you may have to provide an aval, which means someone who can guarantee they will pay in the event of you being unable to.