The Marbella property market is changing beyond recognition and so is the traditional buyer profile. In the first quarter of the year, property sales in the Malaga province rose by nearly 5% and the number of non-Spaniards buying property on the Costa del Sol rose by an impressive 31%, compared to 28% the year before,… Read more »
Posts Tagged: Marbella Property
The number of property sales in Spain grew by 13.6% in 2016, according to the latest data published by the government’s central statistics unit. There were a total of 403,866 property transactions last year, marking a 26.7% increase since 2014. Year-on-year sales increases have occurred in 23 out of the last 24 months; in January… Read more »
Prices of new housing in Spain rose 8.4% year-on-year in the second quarter, official figures show. Meanwhile, industry insiders report an upward trend of international buyers favouring modern design properties in developments over second hand resale homes, particularly in hotspots such as Marbella and surrounding areas of the Costa del Sol.
Marbella is still proving to be one of the most desirable locations in southern Spain amongst foreign property buyers with more than 80% of property purchases made by non-residents, new research reveals. Spain has always been a top spot destination for foreigners wanting to purchase their own piece of paradise in the sun. Overall, last… Read more »
There were 24,887 mortgages registered in Spain in February, representing an increase of 15.9%, according to the latest mortgage statistics report. The total loan capital amounted to €2.7 billion, 14.4% more than the same time last year, however the average loan capital decreased by 1.4% to €108,466.