Businesses opened by foreign investors in Spain

British, Swedish, Irish, French and Germans have shown increasing interest in setting up businesses in Spain, attracted by its climate, culture and expanding market. Here we detail the types of businesses that foreign investors have opened in Spain, based on data and trends observed in business magazines and relevant sources.

1. British Businesses in Spain

British entrepreneurs have been especially active in the hospitality and tourism sector, given Spain’s popularity as a holiday destination. According to data from The Economist magazine, many Britons have invested in bars, restaurants and tourism companies in coastal areas such as the Costa del Sol and the Balearic Islands. In addition, the real estate sector has seen a boom, with Britons buying properties to rent to tourists, which has been highlighted in publications such as The Financial Times.

2. Swedish Investments in Spain

Swedish entrepreneurs have shown interest in the technology sector and startups. Forbes magazine mentions that several Swedish companies have opened offices in cities such as Barcelona and Madrid, where they seek to take advantage of the entrepreneurial ecosystem and innovation. In addition, Swedes are investing in the sustainability sector, with businesses focused on renewable energy and eco-friendly products.

3. Irish opening businesses in Spain

Irish interest in Spain has grown mainly in the technology and financial services sector. According to the Irish Times, several Irish technology companies have established operations in Madrid and Barcelona, ​​taking advantage of the skilled workforce and favorable business environment. There has also been a growth in the opening of pubs and restaurants offering Irish cuisine, especially in cities with a significant expatriate community.

4. French investments in Spain

French investors have been active in the real estate sector, especially in the purchase of properties on the Mediterranean coast. Le Figaro magazine highlights that many French people are looking for holiday homes and investment opportunities in the tourism sector. In addition, gastronomy also plays an important role, with restaurants and delicatessens opening offering French products.

5. German Investors’ Business in Spain

Germans often invest in sectors ranging from hospitality to manufacturing. According to Der Spiegel, there is a growing number of German companies that have opened factories in Spain to take advantage of the lower costs and strategic location in Europe. In addition, many Germans are interested in the tourism sector, with investments in hotels and services related to leisure and entertainment.

Expatriate Investments in Spain

Foreign investment in Spain by these countries is driven by factors such as quality of life, favourable climate and growing business culture. Trends show a diversified approach, with particular interest in the technology, hospitality, tourism and sustainability sectors.

This analysis is based on various sources of business magazines and economic data, which reflect the dynamics of the Spanish market and the investment preferences of these European countries. Opportunities continue to expand, suggesting that Spain’s attractiveness as a destination for foreign business will continue to increase.

Buying a business on the Costa del Sol

The Costa del Sol is a very attractive region to invest in business due to its climate, tourism and quality of life. Here are some types of businesses you might consider investing in, as well as a general idea about their profitability:

Tourism and Hospitality:

    • Hotels and Holiday Accommodations: Investing in hotels, holiday apartments or villas for rent can be very profitable, especially in high season (summer and holidays). Returns can range from 5% to 15% depending on location and management.
    • Restaurants and Bars: Food and drink businesses are very popular. Profitability can vary, but a well-run restaurant can achieve profit margins of 10% to 25%.

    Recreational Activities:

      • Water Sports Schools: Due to tourism, activities such as surfing, paddle boarding, and diving are popular. Profitability can be high, especially in high season.
      • Excursions and Tours: Offering guided tours of the coast, hiking, or cultural visits can be lucrative. Profitability depends on the volume of clients.

      Real Estate Investments:

        • Buying and Renting Properties: Buying properties to rent long-term or to tourists can provide a stable return. Vacation rentals typically have a return of 8% to 12%.
        • Property Rehabilitation: Buying properties to renovate and then sell them (flipping) can offer high returns, although with greater risk.

        Shops and Commerce:

          • Souvenir and Craft Shops: Taking advantage of tourism with local products can be profitable, although competition is high.
          • Supermarkets and Grocery Stores: With a local population and a steady flow of tourists, these businesses can be stable and profitable.

          Health and Wellness:

            • Gyms and Yoga Studios: Demand for wellness is on the rise. Profitability can be good if a solid customer base is achieved.
            • Beauty Centers and Spas: This sector has also grown, especially among tourists seeking relaxation.

            Local Services:

              • Cleaning and Maintenance Services: With the number of rental properties, there is demand for services to maintain these properties. Profitability can be attractive.

              Final Thoughts

              • Market Research: It is essential to conduct a market study to understand demand, competition, and trends in the area.
              • Management: Proper management of any business is key to maximizing profitability.
              • Seasonality: Please note that many businesses on the Costa del Sol may have seasonal revenues, with peaks in summer and lows in winter.

              It is advisable to consult with a financial advisor or local real estate agent for more detailed and specific information when making an investment.

              Properties for sale in Torrox

              Torrox Costa is a town in the province of Malaga, on the Costa del Sol, known for its pleasant climate and peaceful atmosphere. There are many areas of Torrox that are perfect for looking for your next home.

              Popular Streets to Rent or Buy in Torrox Costa

              1. Avenida de Andalucía: This is one of the main arteries of Torrox Costa, where you will find numerous shops, restaurants and services. It is a very popular area for both renting and buying.
              2. Calle del Mar: Another highly sought-after street, especially for its proximity to the beach and the leisure area.
              3. Calle de la Playa: Ideal for those looking to be close to the sea, with a good offer of apartments and homes for sale.

              Squares with the Most Homes for Sale

              1. Plaza de las Naciones: Here you can find various options for apartments and flats. The square is a meeting point and is usually busy throughout the year.
              2. Plaza de Torrox: Although it is best known for its local atmosphere and events, there are also properties available in the surrounding area.

              Types of Properties in Torrox

              • Apartments: From studios to multi-bedroom apartments, many with sea views.
              • Semi-detached houses: Often located in urbanizations, ideal for families.
              • Chalets and Villas: Especially in quieter areas, they offer more space and privacy.
              • Flats: In multi-storey buildings, both in the centre and in coastal areas.

              Areas, Neighbourhoods and Urbanizations in Torrox

              Torrox Costa: This is the most touristic area, known for its promenade, beaches and a wide range of restaurants and bars.

              • Highlights: Lively atmosphere and easy access to services.

              Torrox Pueblo: A little further from the coast, this is a traditional white Andalusian village with cobbled streets.

              • Highlight: Historic charm and tranquility, with spectacular views.

              Urbanización El Faro: Known for its sea views and proximity to the beach.

              • Highlight: Quiet development, ideal for holidays or permanent residence.

              Urbanización La Rabitilla: Offers homes in a more rural setting, with good views and close to nature.

              • Highlight: Ideal for those seeking peace and quiet, away from the hustle and bustle.

              Urbanización Oasis: With a good offer of apartments and services nearby, it is popular with residents and tourists.

              • Highlight: Full services and community atmosphere.

              Torrox is a charming municipality located on the Costa del Sol, in the province of Malaga, Spain. Life in Torrox, the pros and cons of buying a house in Torrox, the quality of its beaches, the availability of employment, and its communication with other nearby towns and the airport.

              Life in Torrox

              Life in Torrox is calm and relaxed, ideal for those looking for a more leisurely atmosphere. The town has a Mediterranean climate, with mild winters and warm summers, making it an attractive place all year round. The community is welcoming and there is a mix of local residents and expatriates, especially from the UK and other European countries.

              Pros and Cons of Buying a House in Torrox

              Pros:

              1. Climate: Enjoying a warm and sunny climate for most of the year.
              2. Cost of Living: Generally, the cost of living is lower in Torrox compared to other more touristy areas of the Costa del Sol.
              3. Tranquil Atmosphere: Ideal for families and people looking for a more relaxed lifestyle.
              4. Local Culture: Access to a rich Andalusian culture and local traditions.
              5. Nature: Proximity to the mountains and the sea, with opportunities for outdoor activities.

              Cons:

              1. Employment: Job opportunities can be limited, especially in specialized sectors.
              2. Tourism: During the high season, tourism can lead to increased congestion.
              3. Access to Services: Some services and shops can be limited compared to larger cities.
              4. Investments: Being a tourist destination, property prices can be volatile.

              Beaches in Torrox

              The beaches in Torrox are known for their beauty and tranquility. The most famous beach is Playa de Torrox Costa, which has a promenade, restaurants and beach bars. The beaches are mostly sandy and well maintained, ideal for enjoying the sun and the sea.

              Dog Beach:
              In Torrox there is a dog-friendly beach in Torrox. It is a place where you can take your pet and enjoy a day by the sea.

              Employment in Torrox

              The job market in Torrox is similar to that of Nerja. Most of the available jobs are in the tourism, hospitality and services sectors. It is advisable to consider options in nearby towns or work remotely if possible.

              Finding work in Torrox, as in any other town, can be a process that requires patience and strategy. Here are some web portals and groups that can help you in your search, as well as some recommendations:

              Web Portals for Job Search

              InfoJobs: One of the largest job portals in Spain. You can search for specific offers for Torrox.

              Indeed: A job search engine that gathers offers from different portals. You can filter by location.

              LinkedIn: Not only is it a professional network, but it also has a jobs section where you can search for offers in Torrox.

              Trabajando.com: Another job search portal that may have specific listings for the area.

              Turijobs: Specialized in the tourism sector, which is relevant to Torrox, since it is a tourist destination.

              Jobandtalent: A platform that connects candidates with companies looking for staff.

              Groups on Social Networks

              1. Facebook: Look for groups like “Job offers in Torrox” or “Work in the Axarquía”. Local offers are often posted in these groups.
              2. WhatsApp: Local groups are often created where people share job offers. You can ask in your community or in neighborhood groups.

              Connection with other towns in the area.

              Torrox is well connected to other nearby towns such as Nerja, which is about 10 minutes away by car. There is also easy access to towns such as Frigiliana and Almuñécar.

              Connection to Malaga and the Airport: Torrox is approximately 60 kilometres from the city of Malaga and about 70 kilometres from Malaga-Costa del Sol Airport. Access is mainly via the N-340 road, which connects the coast. There are buses that connect Torrox with Malaga, although the frequency may vary.

              Torrox is an attractive place to live, especially for those looking for a quiet environment and a pleasant climate. However, limitations in terms of employment and services must be considered.

              Search cortijos y terrenos in Almijara.

              If you are considering renovating your home in Torrox, investing in high-quality improvements such as a new kitchen, a modern bathroom, or an upgraded terrace can significantly increase both comfort and property value, especially when you rely on experienced local experts like Reforms in Torrox to deliver professional and lasting results.

              Apartments for workers in Nerja

              If your reason for travelling is for work, we will look for the apartment that meets all your needs. We know hundreds of owners in Nerja. We can help you find the best apartment adapted to your needs.

              Apartments with independent rooms for teleworking.
              Apartments and studios close to your work or office.
              Quiet areas in Nerja to avoid noise.
              Trust us to find the ideal apartment.
              Apartments to rent by the month.

              Are you going to work in Nerja? Explain your case to us and we will help you find an apartment available for your dates. Apartments, studios, rooms in hostels and hotels, small rural houses and farmhouses in Nerja and Frigiliana. Accommodations adapted to your needs.

              All our apartments have a high-speed Internet connection available. We will help you manage the registration with the operators in the area if you need it or we can even offer you the service in the first days/weeks or even months if necessary.

              If you need it. The apartments also have all the daily equipment, kitchenware, cleaning, bed linen, coffee maker, etc.

              You can also find

              • Apartments for students
              • Apartments for families
              • Apartments for holidays

              We help you find the ideal apartment for your holidays.
              Nerja Lovers Group.

              Apartments for rent in Nerja

              If you are looking for an apartment in Nerja to rent for months in Nerja, rent for weeks or a weekend. Write to us and we will send you some recommendations directly from the owners.

              We can recommend:

              Cheap rentals in Nerja

              • Apartments to rent for 1 or 2 months in winter.
              • Cheap apartments for weeks in summer.
              • Rooms in Nerja for full months.
              • Long term rental (from October or November).

              Contact us

              Write to us and we will talk. Explain your case in the message. Send us dates, number of people, number of rooms and accommodation you need. Explain if you are coming for work or tourism. This way we can recommend the best options.

              Direct rental from owner

              We offer you apartments for rent directly from the owners of Nerja.

              1-bedroom apartments for 1 or 2 people in the centre of Nerja. Apartments for summer holidays, apartments for rent for students, apartments for workers, apartments for families or for nomadic travellers.

              Cheap apartments in Nerja

              In Nerja you can find cheap accommodation. Hostel rooms from €150 per week in low season and €450 in July and August.

              Winter prices: This is cheaper. You can find apartments for 1 or 2 people from €650 per month. And private rooms from €490/month.

              Where are the apartments:

              • New listing Apartments in the centre of Nerja: near Plaza Cantarero, near Plaza de España, Verano Azul, Plaza de la Ermita, Calle El Barrio and Calle Malaga.

              Availability and prices:

              • Prices are confirmed directly with the owner. Write to us and we will send you available offers. Accommodations for workers, students and vacationers.

              If you are looking for an apartment, send us a direct message. Explain what you need (exact dates, number of people and type of accommodation). And we will give you the contact of an owner.

              Winter Rentals in Nerja

              Enjoy a winter holiday or a long stay in winter in Nerja. Rent an apartment at the best price by booking in advance. In Nerja you can find cheap apartments in winter and also rooms in hostels or rooms in shared apartments.

              Prices for winter in Nerja

              If you are going to visit Nerja for a long stay. That is, 4 or 5 months from October to May. You can find very good prices. We know owners who rent their apartment from €690 per month + expenses. And you can also find cheaper rooms from €500 per month + expenses.

              Options available for winter in Nerja:

              Rent for a month in Nerja:

              For a single month or for 4 weeks, you can send us an email and we will quote you some options. You can book apartments from €790 per month. (all costs included). You can travel to Nerja, go to work in Nerja for a month, study for a month in Nerja or go on holiday for a month in Nerja. And book a private apartment in the centre of Nerja for only €790 per month.

              Rooms in Nerja are cheaper. If you are looking for cheap accommodation. We will book you a private room in Nerja for a month at the best price.

              Long-term rental in Nerja

              If you are coming to Nerja for 2 or 3 months. You can book a cheap private room. With a private bathroom. Or you can rent a whole apartment. Apartments in the centre of Nerja. No hidden costs. You can pay month by month directly to the owner. No intermediaries.

              Other options in Nerja to rent in winter

              • Villa in Nerja for winter let. Beautiful south-facing 5 bed 5 bath villa in Burriana Beach. Available now till June. Nerja Villa 240m2 build 970m2 plot 5 bedrooms 5 bathrooms Pool Parking.
              • Penthouse-duplex for winter let in Nerja. Beautiful 4 bed 3 bath penthouse duplex with sea views in Nerja. Duplex 4 bedrooms 3 bathrooms Pool Parking
              • Penthouse apartment for winter let in Nerja. Brand new 3 bed 2 bath penthouse with sea views in Nerja. Available now till end May 2025.
              • Villa in Nerja for winter rental. A charming 5 bed renovated finca with air con and gas central heating, just outside the old town. One dog might be considered. Available from now till end of March 2025.
              • A 3 bed penthouse in Nerja for a winter let. A brand new 3 bed furnished penthouse apartment recently built, a few minutes walk to shops and restaurants. No pets. Available now until mid March 2025, and then again from December 2025 till June 2026.
              • 1 bed apartment for a winter let in Nerja. A brand new 1 bed furnished apartment recently built with large communal terrace, a few minutes walk to shops and restaurants. No pets. Available now until the end of April 2025.

              Monthly rental Nerja. We have studios & apartments for winter rentals. from €690 and €790/month for 1 or 2 people.

              Cheap rentals in winter in Nerja. If you are looking for cheap apartments to go to Nerja for 1 or 2 months in winter, write to us and we will help you. Apartments from €690 per month in the centre of Nerja.

              Nerja Winter Rentals from 690€ / 4 weeks

              Apartments for winter from €690/month for winter and autumn season. From October to May. We recommend the best apartments to enjoy Nerja in the tranquility of winter.

              The weather in winter is perfect. The bars and restaurants are open and it is not necessary to book in advance. In winter Nerja is a very quiet place and highly recommended.

              If you come to Nerja to work or study. We can recommend rental apartments with affordable prices. We can recommend very cheap apartments and hostel rooms.

              • Apartments in Nerja from €690 / month
              • Rooms in a hostel from €490 / month
              • Electricity and water costs: €100/month

              Write us an email and we will help you find the best apartment in the area.

              Check prices for winter rentals in Nerja

              Write to us, explain what type of accommodation you are looking for, maximum budget, number of people and dates. And we will send you a personalized offer.

              Luxury properties in Nerja

              Nerja, located on the Costa del Sol in Andalusia, Spain, is known for its natural beauty, beaches and pleasant climate, making it an attractive place to live in Spain or to travel on holiday:

              Are there really luxury properties in Nerja?

              Yes, there are luxury properties in Nerja. If we are really looking for luxury, we can also look at properties in Marbella and other areas of the Costa del Sol. But Nerja is a perfect town to live in.

              Luxury properties in Nerja

              1. Villas and chalets: Nerja has a variety of luxury villas and chalets, many of them with sea views, private pools and extensive gardens. These properties are usually located in exclusive areas, such as Punta Lara or the hills around the city.
              2. Luxury apartments: There are also high-end apartments, often in modern complexes with amenities such as communal pools, gyms and direct access to the beach. Some of these apartments offer panoramic sea views.
              3. Fincas: In the more rural areas around Nerja, luxury estates can be found that offer a quieter lifestyle, with spacious spaces and large plots, ideal for those seeking more privacy.

              Nerja as a place to live

              • Tranquil atmosphere: Nerja is known for its relaxed and peaceful atmosphere, making it an ideal place for those looking to escape the hustle and bustle of big cities. The population is friendly and welcoming.
              • Services and amenities: The city has a good range of services, including shops, restaurants, health centres and schools, making everyday life easier.
              • Nature and activities: With nearby beaches, mountains and a Mediterranean climate, there are plenty of opportunities to enjoy outdoor activities, such as hiking, water sports and more.

              Luxury investors

              Luxury investors in Nerja are usually both national and international. Many people buy property as second homes or holiday homes, especially from countries such as the UK, Germany and the Netherlands. There is also growing interest from investors from further afield, attracted by the Mediterranean lifestyle.

              Nerja is a great place to live if you are looking for tranquillity, natural beauty and a pleasant atmosphere. In addition, there is a wide variety of luxury properties available that can suit different tastes and needs. If you are interested in investing in a property in Nerja, you can contact a local real estate agency that has experience in the luxury market. Send us a message and we will put you in contact with the best real estate agent in Nerja.

              Nerja in Fitur 2025

              Nerja will be present as every year at the Madrid International Tourism Fair.

              At the Nerja Stand you can find tourist information on all the services in Nerja. Also personalized information for your trip to Nerja.

              Nerja is once again promoting itself in one of the largest tourism promotional events.

              Fitur is one of the most important events in the world. Making hundreds of tourist destinations known. This tourism fair is held in Madrid in mid-late January each year. And you can find information about Nerja, the Nerja caves, the businesses of Nerja, hotels and establishments and other nearby towns such as Torrox, Torre del Mar, Almuñecar and the city of Malaga.

              If you like Nerja, remember to stop by fitur and ask for the Nerja lovers book with all the business recommendations.

              Rehabilitation work begins on the Balcón de Europa

              The restoration work on the Balcón de Europa has begun in order to preserve the tourist and historical enclave and to offer a better image for the enjoyment of residents and tourists who visit the Balcón de Europa promenade every day.

              The restoration is being carried out by a construction company from Nerja, with a total investment of 85,239.60 euros. This project is co-financed by the City Council and the Department of Tourism of the Junta de Andalucía, with a specific subsidy destined for the conservation and improvement of tourist and cultural spaces, such as the Balcón de Europa.

              The execution period for the works is approximately two months. The initial works have begun with the restoration of the steps of the main door of the Church of El Salvador, as well as the perimeter ledge that surrounds the Balcón de Europa.

              All the tiles will be completely restored to guarantee their aesthetics, respecting the historical character of the monument. The three circular benches surrounding the three large trees on the Balcon de Europa will also be renovated.

              Apartment in Burriana with terrace and garage. €295,000.

              Apartment in Burriana with terrace and garage. €295,000.

              Located on Burriana Beach in Nerja, charming apartment just 100 meters from the beach. With a west orientation.

              Apartment with 2 bedrooms and 1 bathroom offers a quiet retreat just a few steps from the beach. The property includes a parking space on Burriana Beach in Nerja, ideal for parking your car in summer.

              Bright living room, fully equipped kitchen and air conditioning in all rooms.

              Request information:

                Property listed on the MLS for properties in Nerja. For more information, fill out the contact form and request a viewing with the agent.