CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
| Area: | NERJA, COSTA DEL SOL | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | C | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 16,000 | 1,800 | |||||||||||||||||||||
| Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | |||||||||||||||
| 11 | 45 | 21 | 28 | 24 | 16 | 20 | ||||||||||||||||
| Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
| 38 miles (Malaga) | 0.25 miles | 34 miles (Malaga) | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 0 | 0 | 0 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 0 | 0 | 1 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 0 | 2 | |||||||||||||||||||||
| 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 Transport | Roads | ||||||||||||||||||||
| 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 employment | Mostly in service sector, during Summer | |||||||||||||||||||||
| Future plans: | Train service from Malaga to Nerja. | |||||||||||||||||||||
| Yield range | 5.7% - 6.7% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 127,600 | 376 | 301 | 180 | 6.7% | |||||||||||||||||
| 3 bed apartment | 159500 | 451 | 361 | 217 | 6.4% | |||||||||||||||||
| 3 bed townhouse | 239250 | 602 | 481 | 289 | 5.7% | |||||||||||||||||
| Villa | 280720 | 790 | 632 | 379 | 6.4% | |||||||||||||||||
| Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
| High | High | Low | ||||||||||||||||||||
| Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
| 5 | 2 | 3 | ||||||||||||||||||||
| 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 Peak | Peak | Off Peak | |||||||||||||||||||
| £201-320 | £149-237 | £112-178 | ||||||||||||||||||||
| 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: | http://www.nerja.to/ | |||||||||||||||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Playa Properties S.L. | Calle Pintada, 10 - 29780 Nerja - Spain | Tel : 0034 95 252 33 99 Fax : 0034 95 252 33 16 | http://www.playaproperties.com/ | |||||||||||||||||||
| Nerjapropertyshop.com | Avd. Castilla Pérez, 66, bajo 29780 Nerja (Málaga) | 0034 95 252 13 03 Fax: 0034 95 252 71 62 | http://www.nerjapropertyshop.com/site/en.html E-mail: info@nerjapropertyshop.com | |||||||||||||||||||
| NERJA PROPERTIES | Jose Martín Avda. Castilla Pérez, 20 | Tel. 0034 34 952 52 54 62 Fax. 0034 952 52 66 79 | Email: info@nerjapropertiessl.com | |||||||||||||||||||
| CERTUNER, S.L. REAL ESTATE | Bautista Rivas Martinez Avda. Mediterraneo, Edif. Toboso II | Tel 0034 952 52 38 72 | http://www.certuner.com/ | |||||||||||||||||||
| Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Nerjapropertyshop.com | Avd. Castilla Pérez, 66, bajo 29780 Nerja (Málaga) | 0034 95 252 13 03 Fax: 0034 95 252 71 62 | http://www.nerjapropertyshop.com/site/en.html E-mail: info@nerjapropertyshop.com | |||||||||||||||||||
| Pinto Estate | C/ Antonio ferrandis Chanquete, nº 9 Nerja (Málaga) | tel: (0034) 952 52 83 90 fax: (0034) 952 52 65 67 | website: http://www.pintoestate.com email: info@pintoestate.com | |||||||||||||||||||
| Interealty | Plaza Cavana, 10, 29780 Nerja, Malaga. | Tel: 00 34 952 52 70 83 Fax: 00 34 952 52 70 35 | Email: infon@interealty.es | |||||||||||||||||||