The real estate market in The Costa del Sol is one of the most desired.
Tinsa, the leaders in the market of valuations, places The Costa del Sol between the areas of the Spanish coast where there are more signs of recovery of the real estate market, reflected in an increase in sales, prices and new construction projects.
As for prices, the majority of coastal municipalities on Málaga are up, with a 15% interannual rise in Manilva (1.302 €/m2) and Marbella, where Increase is 11.3% (2,074 €/m2).
The report “Housing in Costa 2017”, prepared by Tinsa, reflects the situation of the holiday housing market in Spain based on statistical information and the local experience of its network. According to this analysis, the progressive return of demand and the opening of financing are driving prices in a greater proportion of Spanish coastal municipalities. In 84 of the 136 municipalities with data available there are price increases in interannual rate.
The real estate sector in Marbella
Within the national group (excluding provincial capitals), Marbella ranks second with 4,001 operations in 2016 after Torrevieja (Alicante), leader with 5,291, and ahead of Orihuela (3,839). The case of Marbella, in comparison with the rest of municipalities of the Costa del Sol, much has to do with its excellent climate, beaches, its leisure and sports offer and, in addition, its luxury homes, in the point of view of buyers come from countries such as United Kingdom, Scandinavia or Russia.
If you are thinking about buying a home in Marbella, this would be a good time. If you need advice on this, we have the best professionals in the real estate sector in Centro Plaza. Visit us!