Property in Nerja
Introduction to Nerja
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.
Sport and Leisure Facilities in Nerja
Scubanerja dive centre. Golf course. Music and ballet festival in Nerja caves during the summer. Nightlife concentrated around Plaza Tutti Frutti.
Estate Agents in Nerja
Playa Properties S.L. Calle Pintada 10-29780 Nerja Tel: 0034 952 523 399
Nerja Properties Jose Martin Avda. Castilla Perez, 20 29780 Nerja Tel: 0034 952 525 462
