“Do you have an apartment in Malaga? This interest you”

“30% of the sales made in 2017 went to foreign clients, which places the province among the most attractive for the foreign buyer after Alicante, Tenerife and Girona”

Malaga continues to establish itself as one of the key cities in the recovery of the real estate market. Last year there were 30,300 sales transactions in the province, as reflected by the data of the College of Registrars. This figure was 14.6% more than the previous year and positioned it as the second Spanish province with the highest number of operations with respect to its population.

The positive data remain this year, reaching during the month of January a rise of 32.8% in relation to the same previous period. Not in vain, only in this first month 3,018 sales were made, of which 2,563, that is to say 84.9%, correspond to second-hand housing, according to the data of the National Institute of Statistics (INE).

These encouraging figures for the sector give another interesting information in relation to the profile of the buyer. And foreigners acquired almost 30% of these homes, a percentage that places Malaga as the fourth Spanish city that arouses more interest among foreign investors, just behind Alicante, Tenerife and Girona.

These favorable circumstances lead the experts to determine that it is a good time to reach satisfactory agreements in the sale of homes. Despite this, warn, to ensure that everything is developed correctly is essential to have the advice of professionals in the sector, who will work to get the best conditions in the transaction by addressing fundamental issues such as price variability, or legal aspects of the operation.

Source: Diariosur