News

Property Sales Deceleration Marbella

Experts in the real sector on the Costa del Sol are commenting on a slowing in the pace of purchases and the prices of homes in Marbella and the affluent areas such as Golden Triangle which includes Benahavís and Estepona. The oversupply directed to the same buyer profile, the uncertainty generated by the Brexit and the future of the relations between Great Britain and the European Union coupled with the slowdown of the international economy are contributing to a slowdown of the sustained growth in the real estate market that began in 2010 .

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Andalucia Property Sales Leader

The sale of homes rose by 6.8% last March in relation to the same month of 2018, to add 42,649 operations, as reported by the National Institute of Statistics (INE) on Tuesday. The advance registered in March was a consequence of the increase in new home operations by 14.6%, up to 8,045 transactions, and of an increase of 5.2% in the purchase and sale of used homes, to 34,604 operations.

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Property Sales Boom 2018

According to Premier Marbella news sources, a property sales boom in 2018 resulted in over 500,000 homes exchanging hands. Last year 515,051 operations were accounted for in the property registry, the highest figure in ten years, according to the National Statistics...

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Marbella Holiday Homes

According to Premier Marbella news sources, a recent study by Malaga University and commissioned by the City Council places the city only behind New York, London and Barcelona. Marbella holiday homes are ranked the fourth most expensive in the world. The offer of...

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Property Boom

According to Premier Marbella news sources, there are signs of a new property boom on the Costa del Sol. The residential market of the coast of Malaga bottomed out in 2011 and began to bounce back as early as 2012, two years earlier than the rest of Spain. With the...

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New housing in Spain Costs Up

According to Premier Marbella news sources, the cost of new housing in Spain rebounded between April and June of this year by 5.7%. It has not slowed down in its escalation since the second quarter of 2014 while second hand property prices increased by seven tenths of...

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Marbella City Council

According to Premier Marbella news sources, Marbella City Council has increased in the last year by 100% the number of homes with building permits. The Councilor for Territorial Planning and Housing, María Francisca Caracuel, presented a report on the management of...

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Rise in Mortgages on Homes

According to Premier Marbella news sources, the number of mortgages constituted on homes in Spain stood at 30,900 in June 2018, which represents an increase of 3.9% compared to the same month of 2017. The report published by the National Institute of Statistics (INE),...

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Mijas Property Prices

According to Premier Marbella news sources, Mijas property prices rise considerably while in Marbella they remain stagnant. Mijas is the place on the Andalucía coast with the third-highest rise in property prices, with 13.4 per cent, followed closely by Fuengirola and...

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Costa del Sol Property Sector

According to Premier Marbella news sources, the Costa del Sol property sector is driven by foreign buyers. The resale property market in Malaga province is growing at the same rate as places like Madrid and Valencia, with a 12% year-on-year increase. A real estate...

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Andalucia Property Sales Up

According to Premier Marbella news sources, Andalucia Property Sales increased by 8.7 percent during the month of June, after exchanging a total of 9,165 properties, according to data from the National Institute of Statistics (INE), which states that at the national...

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Costa Homes

According to Premier Marbella news sources, building licence approval on Costa Homes has surged by 70% year on year. A report by Malaga province's association of professional architects (Colegio de Arquitectos) has confirmed that there is now a sustained recovery in...

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