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Tag Archives: Málaga

Benahavís is Richest Town in Málaga Province

Benahavís becomes richest town in Málaga

Rincon de La Victoria is no longer the richest town in the province of Málaga. The title has been snatched by Benahavís, a small hillside town just outside Marbella, which includes the exclusive developments of La Zagaleta and El Madroñal. Benahavís has increased its average gross revenue by 10% in just one year, to reach Continue Reading

Third Quarter Sees Rental Costs Rise

The price of housing for rent in Spain increased by 0.5% during the third quarter of 2017. This leaves the average price per square metre at 9.4 euros per month. The annual variation is +24%, according to the latest report from Idealista. Fernando Encinar, head of idealista studies, says “The end of summer brings with Continue Reading

Construction Worth Millions Approved in Marbella

Numerous properties will be built in Nueva Andalucía

The number of building permits issued by the Marbella council has increased over recent months. At a meeting earlier this week, the council approved licences for the construction of various real estate projects in the town which amount to 17 million euros. 90% of that capital will be invested in Nueva Andalucía in the construction Continue Reading

Property Sales Increased in August

Sales of Spanish property increased in August

There were 142,976 property transfers (sales/purchases, inheritance, exchange, donation) registered in the property records in August. This is 5.9% more than in the same month last year. This is yet another increase and adds further confirmation that the Spanish property market is recovering well from years of slowdown following the 2007 crisis. In terms of Continue Reading

Spanish Property Prices Increased in Third Quarter

Spanish Property Prices Up in Q3

The price of housing in Spain increased by 2.3% during the third quarter of 2017. This leads to the average for a square metre rising to 1,590 euros, according to the latest price index from idealista. The annual variation is +3.7%. Fernando Encinar, head of idealist studies, says “The real estate market, both for sale Continue Reading

Selling a Property? 7 Tips to Achieve a Quick Sale

Tips for property quick sale

In 2016, 44% of buyers looked online for properties for sale. Among younger buyers that number is even higher with 58% of Millennials* using the internet to find their next home. Most buyers will have seen a dozen or so properties online before they step foot inside any of them. This is why your photos Continue Reading

Cost of Renting Increased in Second Quarter

Rents in Marbella increased 11.6%

The average cost of renting increased in Spain by 4.8% during the second quarter of 2017. The average price per square metre now stands at 9.4 euros per month, according to a report from idealista. Average rental prices increased in all the autonomous communities during the second quarter except for Euskadi where prices fell by Continue Reading

Top 10 – Spain’s Most Expensive Streets

Cinema rooms are common in La Zagaleta

The urbanisation La Zagaleta, located in Benahavís, Malaga, holds the record for being the most expensive residential area in the whole of Spain. Homes in this exclusive development exceed 5.6 million euros on average. Despite being private homes, not hotels, most properties in La Zagaleta have more than 8,000m² plots, elevators, a cinema room and/or Continue Reading

Price of Rental Housing Fell in July

Average cost of renting fell in July

The average price of rental housing in Spain fell by 0.4% in July. The average now stands at 8.08€ m²/month. This monthly decrease breaks the trend of recent months which saw costs steadily rising. The current average price takes us back to November 2010 when the rental average was 8.10€ m²/month. “Today, renting a flat Continue Reading

Only 30% of Homes Have Air-Conditioning

Summer temperatures can be brutal!

Despite being one of the hottest summers, Spain’s housing stock shows that not everybody has the benefit of air-conditioning. In fact, only 30.1% of homes currently for sale or rent in Spain are equipped with any form of cooling, according to a study by idealista. For the study, the property portal analysed 900,000 homes currently Continue Reading