Saturday, August 9, 2008

Census reveals the diverse appeal of Coin in Malaga

The town of Coin has great diversity with something to offer for almost everyone and is becoming increasingly popular choice for Property purchasers, it has been revealed.

Coin is one of the more traditional Spanish towns inland in the beautiful region of Malaga, Spain and has a population of 18,000. With the new roads being built through the town, it is only twenty minutes from Marbella and the shopping centre La Cañada, also 25 minutes from tourist resorts of Fuengirola and Benalmadena and only 30 minutes from Malaga international airport.

The southern Spanish newspaper Sur has reported that the area is becoming increasingly popular with European property buyers as foreign nationalities now make up 21 per cent of the population in Coin. Nearly 800 more people of non-Spanish nationality now registered in Coin in the last 12 months. The Brits are found to be largest non-Spanish group identified in Coin, with the number of UK people living in Coin increasing by 275 since last year. A total of 64 different nationalities were found by the survey which includes expatriates from morocco, Romania and Germany.

The value of the area's property market is expected to increase dramatically over the next few years due to Coin's close proximity to some of the Costa del Sol's popular tourist spots. The town still retains the tranquil atmosphere of a traditional Spanish town and it is not perturbed by the hustle and bustle of the nearby tourist centers makes it as an attractive location for foreign property buyers.

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