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Solx Properties™

Real Estate Investors

Costa del Sol

Dedicated to results where performance counts

Abolishing the wealth tax

Spain announced the end of the wealth tax in the 2023 tax year. The goal is to make residency in the region more appealing to international buyers. Officials expect the measure to attract around 7,000 high-net-worth residents every year. Find out how much more you can get for your money in Costa del Sol.

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More bang for your buck

Real estate on the Costa del Sol continues to be profitable.  It is still possible to find bargain properties for sale and you can take comfort that there is constantly more demand than supply for new development properties. This demand has a direct impact on the average rental return you can expect.

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Popular with tourists

Costa del Sol is a popular destination with an average of 13 million tourists that visit the region. The average gross rental return is between 4.00% and 5.15% on long term rentals and holiday rentals often command much greater rates. For this reason, buy-to-rent in Costa del Sol is the next decision.

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Property tax

The Andalusian government has approved a decree that includes a reduction in transfer tax. This means that your budget will stretch a little further: without a huge tax bill to pay. You will be left with more money to spend on your property purchase.  A Costa del Sol investment property is your answer.

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Real Estate Investors
in Costa del Sol

Real estate investors and developers have been interested in acquiring land for housing in the area. Many developments are sold off-plan before they are built, as demand is quite high. New developments are becoming more and more luxurious, with more amenities provided for those who want the best.

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The complete expat guide for
Costa del Sol

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Testimonials

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Frequently Asked Questions

  • New builds; 10% VAT.
  • Lawyer; 1%
  • Notary; 1.5% to 2%

The minimum budget is approximately 350,000€ for a two-bedroom unit. To purchase a fully detached villa/house, the budget is 1,000,000€.

Most new build timelines will vary from development to development. However, on average a new build can take two years to complete.

The general rule of thumb is, if you rent your property out in the high season (June, July and August) 12-15 weeks with a 70% mortgage, that will pay for all your expenses (community fees, property tax and payment of the mortgage) for one full year!

Currently, real estate pricing increases approximately 8% annually.

We help expats, summer home seekers, retirees, and investors to experience the fun, the Spanish sun, and dream lifestyle that the Costa del Sol has to offer. Based in Marbella Spain, we deliver through our exceptional service, extensive expertise, a wide range of offerings to help our clients find their dream homes. We strive to help our clients find their ideal Spanish place under the sol by providing service beyond the sale and turning their dreams into reality.  We have more than 27 years of experience in the Costa del Sol residential property market. Start your journey with us on WhatsApp.

We highly recommend getting in touch with us for an open, honest, and easy to understand conversation. We’ll get to know you and then explain the options available. There’s no obligation to take your journey further, although we think you’ll definitely want to! Start your journey with us on WhatsApp.
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