The Most Common Mistakes Investors Make When Buying Property on the Costa del Sol
Introduction
Most investor problems do not result from the market itself, but from incorrect decisions made at the purchasing stage. Lack of local knowledge and rushed decisions are the most common causes of later difficulties.
1. Buying a Property Without Checking the Community
- no analysis of the community estatutos
- no approval for tourist rentals
- potential conflicts with neighbours
This is a mistake that cannot realistically be corrected after purchase.
2. Focusing Exclusively on Price
- “bargains” in weak locations
- low tourist appeal
- rental problems outside the high season
The purchase price is only one part of the overall calculation.
3. Lack of a Usage Plan
- no decision: private use or investment
- no rental strategy
- no exit plan
A good property is one that fits a clearly defined owner’s plan.
4. Underestimating Costs
- management costs
- taxes
- property maintenance
- periods without rental income
These costs determine the real financial outcome of the investment.
5. Trusting the Listing Alone
- no document verification
- no legal status check
- no local advisory support
The Costa del Sol property market requires local expertise and thorough due diligence.
