Investor Profile:Retirement, Worker, Holiday, Business


Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

Proximity to:AirportBeachNearest City
38 miles (Malaga)0.25 miles34 miles (Malaga)
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
Shopping:No. of Shopping CentresNo. of Markets
Restaurants and bars:Wide selection of international restaurants, more expensive in Balcon area. Seafood beach restaurants.
Sports and leisure facilities:Scubanerja dive centre, Golf course, Music and ballet festival in Nerja caves during Summer. Nightlife concentrated around Plaza Tutti Frutti.
Transport:Public TransportRoads
Limited bus service. Private transport recommended.N-340 dual carriageway to Nerja from rest of coast. N-323 and N-340 from Granada.
Crime rate:Low.
Main types of employmentMostly in service sector, during Summer
Future plans:Train service from Malaga to Nerja.
Yield range5.7% - 6.7%
Type of propertyEntry PriceRent-

School Holiday Peak




Off Peak

Average Annual Yield
2 bed apartment127,6003763011806.7%
3 bed apartment1595004513612176.4%
3 bed townhouse2392506024812895.7%
Demand for lettingSchool Holiday PeakPeakOff peak
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
Flights scheduled from:Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Belfast International, Derry, Cork, Dublin, Guernsey, Jersey, Norwich, Leeds/Bradford
Typical cost of flights:School Holiday PeakPeakOff Peak
Operators:Monarch, Swiss International, BA, Air France, Excel Airways, Futura, Thomas Cook, Astraeus, Air 2000, My Travel, Easyjet
Description:Nerja is located below the Sierra Almijara mountains, with 5 sandy beaches stretched over 6 miles.

This area is a little gem.  It has a more traditional Spanish character with not as many high-rise apartment and hotel blocks as other resorts and is less lively. It is instead characterised by an old town, limestone caves and a tree-lined promenade (Balcon de Europa). Monuments in the town include El Salvador church (1505), Ermita de Ntra. Sra. de las Angustias (1720) and Torre de Macaca (1497).

Property is slightly more expensive than other parts of eastern Costa del Sol particularly in the village of Frigiliana. It’s a popular place with foreign homebuyers which has pushed the property prices beyond some people’s reach.  Owners have seen their investment rise steeply over the past 5 years and I reckon it will continue even though the prices are high.  Yields are not the most exciting but if you can break even then you have done well.  You are more than compensated by the growth prospects and the fact that you have a superior holiday home compared to other areas on the coast.

Hot Website:
Estate Agents:NameAddressTelWeb
 Playa Properties S.L.Calle Pintada, 10 - 29780 Nerja - SpainTel :  0034 95 252 33 99 Fax : 0034 95 252 33 16

e-mail :

 Nerjapropertyshop.comAvd. Castilla Pérez, 66, bajo

29780 Nerja (Málaga)

0034 95 252 13 03

Fax: 0034 95 252 71 62


Jose Martín

Avda. Castilla Pérez, 20

Tel. 0034 34  952 52 54 62

Fax. 0034 952 52 66 79

 CERTUNER, S.L. REAL ESTATEBautista Rivas Martinez

Avda. Mediterraneo, Edif. Toboso II

Tel 0034 952 52 38 72

Letting Agents: NameAddress TelWeb
 Nerjapropertyshop.comAvd. Castilla Pérez, 66, bajo

29780 Nerja (Málaga)

0034 95 252 13 03

Fax: 0034 95 252 71 62


 Pinto EstateC/ Antonio ferrandis Chanquete, nº 9
Nerja (Málaga)
tel: (0034) 952 52 83 90
fax: (0034) 952 52 65 67


 InterealtyPlaza Cavana, 10,
29780 Nerja,
Tel: 00 34 952 52 70 83
Fax: 00 34 952 52 70 35