Real estate in Malaga grows more than the average of Spain


Real estate in Malaga grows more than the average of Spain and Andalusia, The Opinion of malaga It tells us in the following way:

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The 24TH Edition of the real estate Pulsometer of Malaga has confirmed the leadership of the province in the sector, Since the year 2016 It has grown in terms of the number of certified dwellings a 35 %, While Spain and Andalusia have done at a rate of a 20 % y 16,9 %, respectivamente,

In the same way it happens with initiated real estate growth, in the country was of the 33 %, away from pace Malaga recorded from 2015 a 2016 with a 54 %, I have explained today responsible for the real estate Department of the Institute of business practice in a statement.

Another indicator is the average mortgage value, in the province is a 7 % more than double that of the Andalusian region, of a 3 %, What shows the growth, with special attention to West Marbella, Benahavis South and East Estepona.

In these areas the land prices doubled finalist, the product suitable to the needs of the current solvent clients is scarce and the financial competition between the long distance runners takes speculative and monopolistic forms, they are specified in the statement.

Also, they have been advised of the Costa del Sol real estate market urgently needs a new way of caring for the tourist and residential needs, from a functionalist Prism, where to find greater economic sustainability, social and energy for customers.

The Chair has incorporated the latest official figures from INE, the Ministry of public works, Registrars, professional associations and the banking research services, attached to the field via surveys work, interviews with clients and market operators.