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Investment

Prime market activity

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Strong property market activity and growth is being experienced in five of Spain’s key cities, giving potential buyers a renewed sense of confidence, according to new analysis. The highest residential prime property prices are in Madrid where values increased 9.7 per cent during the year to March 2019, and are 50.1 per cent higher than […]

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Andalucia election figures

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Following the recent Spanish elections PSOE has come out on top in Andalucia as the most voted party in seven out of eight of the region’s capitals with Granada favouring the PP. But the party has lost support since the general election in April dropping 150,000 ballots. In Andalucia the PSOE maintains its strength with […]

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A recent survey has revealed that housing prices in seven locations in Malaga province have hit record highs.

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The last housing boom came over a decade ago when the construction market was at its highest thanks to relaxed EU regulations. However the figures show that today’s prices even exceed that most profitable period. The results show that the municipalities with the highest prices are Algarrobo Costa, Chilches, Estepona, Fuengirola, Marbella, Nerja and Ojen. […]

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Business in Malaga at a Glance

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With a 4.5% GDP growth rate in 2018, Malaga continues to lead economic development in Andalucia. Seville with 24.2% of the total GDP in the region & Malaga with 20.6%, represent almost half of the economic activity in Andalucia, as reported by “Instituto de Estadística y Cartografía de Andalucía.” The Malaga Mayor recently presented a […]

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February property sales in Spain up by five per cent

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The publication by the government’s central statistics unit of the residential property sales data for the month of February 2019, showing that the number of transactions was 5.3 per cent higher than in the same month last year at 43,695. Although this marks a return to growth after the first year-on-year decrease for ten months […]

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BRITISH PROJECT UNDERWAY TO BRING ‘LARGEST LEISURE PARK IN SOUTHERN EUROPE’ TO SPAIN’S COSTA DEL SOL

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Intu

The huge Intu commercial and leisure park planned for Torremolinos will soon begin construction, it has been announced. After years of delays and setbacks, British developer Intu revealed on Friday that the first batch of contracts had been awarded to builders Dragados and Sando, which collectively form the Temporary Union of Companies (UTE). The €160 […]

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