Investing in Malaga
When it comes to smart investment choices, Malaga is a city that should not be overlooked. With its strategic location on the Costa del Sol in southern Spain, Malaga offers a host of compelling reasons to consider it as an investment destination.
The rental market is booming
According to last statistics it turns out, that foreigners prefer long-term renting their new home over buying it. This creates a high demand for rental housing with attractive facilities available.
Within the last 5 years, rental prices has increased by 16,9% in Malaga, and in the center of Malaga by 28,9%. The selection of properties with facilities needed for a modern home-owner is very limited, and the space to build is close to none in the center of Malaga.
Malaga on the world tech map
Many of the multinationals that are deciding to base part of their business in Malaga are world-class technology companies.
A big companies, such as Google and Vodafone etc. establishing offices in Malaga. This is great news, as this does not only create new work places, but also, intiates and increase demand for long term rentals.
In the words of one of the gurus in cybersecurity, and in one of the interviews recently granted to El Español, Sergio de los Santos (Head of Innovation and Laboratory at Telefónica Cybersecurity & Cloud Tech) comments that “Malaga is already the European capital of cybersecurity and could become the world capital”. He goes on to say that “all the right ingredients are in place for Malaga to be fashionable, but it is not hollow, nor is it smoke or a bubble”.
All this news means that there are undoubtedly more and more investors and individuals focusing on Malaga and the surrounding area.
Population growth projection for Malaga up to 2037
According to, the National Institute of Statistics (INE) published the latest population projections to 2037, which place Malaga in the TOP 5 of Spanish cities with the greatest potential.
These forecasts place Malaga as the fifth province with the highest population growth in the whole country: it will add nearly 283,000 inhabitants (16% in proportional terms), placing it on the verge of two million inhabitants.
According to the forecasts explained by the INE, Malaga will be responsible for almost 60% of Andalusia’s population growth over the next fifteen years, and will equal Seville in population in this time.
Malaga candidate to host the international exhibition in 2027
At the beginning of October 2022 Malaga received a visit from the BIE (International Bureau of Exhibitions in French) and they were very excited about the project presented by the capital of the Costa del Sol.
In the words of the President of the Executive Committee of the BIE, Alain Berger commented that “Malaga’s potential is impressive and guarantees success”, adding that “Malaga is a complete city that brings together all the qualities”.
There are 4 other finalists along with Malaga; Phuket (Thailand), San Carlos de Bariloche (Argentina), Belgrade (Serbia) and Minnesota (USA), and the final decision will be taken soon.
Malaga’s thriving economy and steady growth
Malaga’s thriving economy and steady growth make it an attractive prospect for investors. The city has experienced significant development in recent years, with a focus on sectors such as tourism, technology, and renewable energy. This diversification has created a stable and resilient economy that presents numerous investment opportunities across various industries.
Malaga – the best alternative city in the world
Source: Data about rental market based by developments.es
