Nomadic living in Costa del Sol

Digital nomads and real estate Photo: Flickr CC / Steven Zwerink

Historically, housing has evolved around the needs of societies. From the incorporation of a bathroom inside the house to the conception of separate rooms or the usefulness of a corridor. All of this that seems commonplace today was part of a dynamic process which has now evolved to include the need to work remotely.

Digital nomads by the definition of the word ‘nomad’ shouldn’t be looking to buy a home and settle down. However, the introduction of the Digital Nomad Visa has increased the demand for a particular type of property suited to remote working. The Costa del Sol has experienced a 40 per cent growth as a result and these digital nomads have become an important of the clients of real estate agencies.

The upheaval that successive lockdowns brought to the workplace has changed the way we think about work and there are at least three groups of digital nomads today.

The first and probably the oldest is that of remote collaborators, who have a dependency relationship with a particular company but do not need to be at their workplace. The second is entrepreneurs whose work can be done remotely. The third are freelancers who, without being dependent on an employer, work for companies remotely.

One of the main issues that the real estate market has noticed is the trend towards a concentration of people working remotely. This has led to price increases making the most sought-after locations, (those with good transport links, a vibrant community and mild climate), more expensive which changes the demographic of the area.

In general, these buyers are looking for properties that, first and foremost, have high-speed internet. In addition, they are also looking for properties that are equipped for comfortable living, with a separate space for office use as an essential requirement.

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Written by

Kevin Fraser Park

Kevin was born in Scotland and worked in marketing, running his own businesses in UK, Italy and, for the last 8 years, here in Spain. He moved to the Costa del Sol in 2016 working initially in real estate. He has a passion for literature and particularly the English language which is how he got into writing.