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06 Feb 2023

Real Estate in Nerja, Spain: A Guide for Investors

Nerja is a small town located on the Costa del Sol in Andalusia, southern Spain. With its beautiful beaches, Mediterranean climate, and rich cultural heritage, it is no wonder that Nerja has become a popular destination for both tourists and investors looking to buy real estate in Spain.

If you are considering purchasing a property in Nerja, there are a few things you should know before making your decision. Here is a guide to help you navigate the real estate market in Nerja and find the perfect property for your needs.

Types of Properties in Nerja

Nerja offers a wide range of properties for sale, including apartments, townhouses, villas, and plots of land. The type of property you choose will depend on your budget, preferences, and goals for the property.

Apartments in Nerja are typically found in larger buildings with shared amenities such as pools and gardens. They are a popular choice for those looking for a holiday home or rental property, as they offer low maintenance and a sense of community.

Townhouses in Nerja are similar to apartments, but they offer more space and often have a private garden or patio. They are a good option for families or those who want more privacy.

Villas in Nerja are standalone houses with private gardens and often come with pools. They offer more space and privacy than apartments or townhouses, and are a popular choice for those looking for a permanent residence in Nerja.

Plots of land in Nerja are also available for purchase, and they offer the opportunity to build your dream home from scratch. However, it is important to note that building regulations in Nerja can be strict, and it is essential to work with a reputable architect and builder to ensure that your property meets all necessary requirements.

Real Estate Prices in Nerja

The cost of real estate in Nerja can vary widely depending on the location, size, and condition of the property. On average, you can expect to pay the following prices for different types of properties in Nerja:

It is worth noting that real estate prices in Nerja have increased significantly in recent years due to the high demand for properties in the area. However, there are still opportunities to find good deals, especially if you are willing to invest in a fixer-upper or look for properties in less popular areas.

Best Area To Buy in Nerja

One important thing to consider when buying real estate in Nerja is the location of the property. The town is divided into several distinct neighborhoods, each with its own character and amenities. For example, the center of Nerja is known for its narrow streets, charming whitewashed houses, and vibrant nightlife.

On the other hand, the western part of Nerja is more residential, with larger houses and gardens.

The eastern part of Nerja is home to some of the most popular beaches in the area, such as Burriana Beach and Playa el Salon.

It is also important to consider the proximity of the property to amenities such as schools, hospitals, and public transportation. Nerja has a good selection of schools, both public and private, and there are several hospitals and medical centers in the surrounding area. The town is well-connected to the rest of the Costa del Sol by bus and train, and there is also an international airport in nearby Malaga.

In conclusion, Nerja is a great destination for those looking to buy real estate in Spain. With its beautiful beaches, Mediterranean climate, and rich cultural heritage, it is an ideal place to live or invest in a holiday home. Whether you are looking for an apartment, townhouse, villa, or plot of land, there is something for everyone in Nerja.

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