Finding out what you can afford should be the first step to buying a property in Nerja which can be done by applying for a home loan and have it accepted. This step will help you narrow your search for both a neighbourhood and particular houses. The approval is a simple calculation that considers several factors, but primarily your income. The mortgage formal approval by the lending entity enables you to have a feel of the price of the property you can afford, knowing that, where approved, you will be able to borrow a percentage between 60 and 80 per cent.

Most of the buyers of a Nerja Property will have a choice of location as to where to buy. A friend, a previous visit to the area or simply the fame or notoriety of the village is enough to form the choice. But a buyer will want to know, as well, whether the location is in itself a good investment. A precise answer in this regard is difficult.

There are 2 main set of circumstances which should be born in mind when looking for the right home in Nerja, personal circumstances (family size, purpose of purchase, funding availability, time spent in the property etc). Property circumstances (size of property, price, views, easy access, orientation, investment value, facilities in the surrounding area, associated expenses and many more). Making an assessment of those sets of circumstances blending pros and cons to suit one's personal convenience is a must.

A villa in Nerja is a choice for those seeking tranquillity and independence. They require a higher investment in maintenance and the higher prices have the logical effect on annual running costs. Countryside villas or 'fincas' have low running costs, at times ridiculously low. These however tend to be located at some distance from towns or villages. For those buyers with a good amount to spend, villas in Nerja are the choice.