28 Feb, 2021 @ 12:18
1 min read

Yanks are coming: Surge in interest from Americans in property on Spain’s Costa del Sol

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CLASSIC: Benahavis

A Costa del Sol property developer has revealed a surge in interest from American investors for property in the region.

Bright says that up to 15% of their recent client enquiries have come from US citizens.

The health crisis and the complex political situation of recent times in the United States has accentuated the interest of the North American market in settling in Spain, attracted by the recognised quality of life offered here.

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Benahavis

Malaga has been selected by Forbes USA magazine as one of the 20 best cities to live, invest and work in Europe.

A spokesman for Bright said: “All of them are looking for reliable investment opportunities, modern construction qualities and a sustainable lifestyle with good connections.”

Bright is now preparing to start constructing a complex of 18 luxury villas in the Real de La Quinta country club in Benahavis. The Vista Lago project will create 80 jobs and involve an investment of €60 million.

Dilip Kuner

Dilip Kuner is a NCTJ-trained journalist whose first job was on the Folkestone Herald as a trainee in 1988.
He worked up the ladder to be chief reporter and sub editor on the Hastings Observer and later news editor on the Bridlington Free Press.
At the time of the first Gulf War he started working for the Sunday Mirror, covering news stories as diverse as Mick Jagger’s wedding to Jerry Hall (a scoop gleaned at the bar at Heathrow Airport) to massive rent rises at the ‘feudal village’ of Princess Diana’s childhood home of Althorp Park.
In 1994 he decided to move to Spain with his girlfriend (now wife) and brought up three children here.
He initially worked in restaurants with his father, before rejoining the media world in 2013, working in the local press before becoming a copywriter for international firms including Accenture, as well as within a well-known local marketing agency.
He joined the Olive Press as a self-employed journalist during the pandemic lock-down, becoming news editor a few months later.
Since then he has overseen the news desk and production of all six print editions of the Olive Press and had stories published in UK national newspapers and appeared on Sky News.

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