To protect property rights of vendors and buyers in the real estate Costa del Sol, the real estate company announced recently the new law regarding developers and real estate agents who are renting or selling their properties on the Costa del Sol, and their intention to fully comply with it. It is important that real estate agencies yield with the Decreto so that those people who rent or buy directly to property owners are not protected by the said Decreto, so that following the new law is the better and safer move when it comes to investing in properties on the Costa del Sol. This Decreto 218/2005 law has been existent for over two years and presently the Junta de Andalucia (Andalucian Government) is firmly enforcing it sending inspectors to ensure that developers and agents are complying with the law and imposing fines if violated. All real estate agencies must display a Decreto 218 Compliance notice in their offices, and failure to conform are bound to pay the fines ranging from to €5,000 to €400,000 from minor to sterner offenses accordingly.

The Costa del Sol market offers amazing bargains that clients who come to the place to invest in properties know that they’re not going back to their own places without obtaining the best property for the right price. In Costa del Sol your choices range from apartments, villas, townhouses, penthouses and golf properties in all parts of the region. Costa del Sol is surely one of the most sought after places to invest in properties in Spain. The range of bargain buys, reduced luxury and highly potential investment properties are enticing. It guarantees buyers to save big on Spanish properties.

However, the establishment of the ‘Decreto’ has apparently threatened the Andalucian property market. The cost it can charge to implement such Decreto for small real estate agencies in the area may be overwhelming for them, both in effort and time. I agree that the institution of which, for some, can merely help to improve buyer’s insight about property investments in Costa del Sol.