Malaga Province property sales are at their highest level since 2008
4th June 2017
Malaga Province has proven itself a dominant player in the Spanish property market, accounting for a third of all Andalucian transactions, with more sales seen only in Madrid, Barcelona and Alicante.
More than 13,000 homes were sold in the first half of the year, an impressive 11.6 per cent increase on last year, with a significant proportion in the Costa del Sol, which continues to see international investors and foreign residents flock to the resurgent region.
The pulsating property sector has been charged with optimism in recent months, as records old and new continue to be shattered, and the market finally transcending the disastrous recession years.
Coastal hotspots like the Costa del Sol have been the engine of this startling recovery, defying predictions to deliver constantly improving, consistently excellent results of late, injecting a vibrant boost to the budding national economy.
Although industry insiders have honed their keen sense of optimism throughout the summer, the official figures and news will come as a welcome relief for those worried that the Brexit referendum might have an adverse impact on the local property market.