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In June there was a 2.6% increase in passengers using Malaga airport, a staggering 1.366 million in total. 501,773 passengers were from the UK but also, as we reported in our last post, domestic tourism is on the up, giving very positive signs for local businesses and Costa del Sol homeowners wanting to rent out their properties.
The upward trend can be seen throughout the year and all over the coast. In May Torremolinos had 80% tourist occupancy, according to the National Institute of Statistics, an enormous 48% improvement from the same period last year and there were also improvements in Benalmadena, Marbella and Malaga city.
Certainly, the streets are busy and there’s a lovely atmosphere on the beaches and the seafront promenade. However locally some bars and restaurants are claiming that they are not spending as much as in previous years. This could well be because of the increase in popularity of self catering accommodation, which allows people to be in better control of their budget. We are seeing increased popularity for rental properties both short and long term, with villas proving particularly desirable.
We are looking for more rental properties and can also offer comprehensive property management services to make the process of renting out your property easier, so please let us know if you have property to rent on the Costa del Sol.