en
We've always said that the Costa del Sol would be the first place in Spain to recover from the crisis... now it's official!
According to a report in yesterday’s edition of Málaga’s Diario Sur, a total of 18,763 residential properties were sold in Málaga province in 2013, which is 941 more than in 2012 representing a very healthy year-on-year increase of 5.3 per cent.
Of this figure, resale properties amounted to 9,237 – an increase of 479 when compared to data for 2012 – while sales of new homes reached 9,526, up 462 on figures for the previous year…
Based on data just released from Spain’s National Statistics Institute (INE), house sales in Málaga province amounted to 30 per cent of the total for Andalucía while nationally Málaga was in 4th place after much larger and more densely populated Madrid, Barcelona and Alicante.
So while it’s great news that the Costa del Sol property market is clearly bouncing back – with recorded property sales last year the highest since 2006 – other regions of Spain haven’t fared so well. Overall property sales were down nationally by 2.2 per cent and in Andalucía by 0.36 per cent.
Other welcome news – coincidentally also published by the INE yesterday – shows that no fewer than 4,704 new business startups were created in Málaga province last year, the highest number since 2007.
So things are well and truly looking up, but then at VIVA we’ve always said that the Costa del Sol would be the first place in Spain to recover from the recession… and now it’s official!
Vlaams-Nederlands
5 Comments
Leave a Comment
DISCLAIMER
The opinions and comments expressed by contributors to this Blog are theirs alone and do not necessarily reflect the views of VIVA Homes Under the Sun Ltd, any of its associated companies, or employees; nor is VIVA to be held responsible or accountable for the accuracy of any of the information supplied.
Joe beniluzFebruary 21, 2014 at 3:44 am
Well Max & Marc
Before you even go into insults I tell you guys that I am neither an
economist nor business analist. I am what we call an investor and by the
Way i buy low and sell high. So all my properties 26 of them were
purchased at the right time
I am not a pessimist i am an investor. So i am not going to elaborate
In your responses because i feel they are insulting and based on what?
well nothing! I have heavealy invested in Canada and the US and Spain
and let me tell you never felt so good about it. So keep your comments
in line and rspectful.
And by the way you dont know people!
Mark AlmondsFebruary 20, 2014 at 11:05 am
Sounds like this guy, Joe Beniluz have no basic understanding of figures and stats! figures dont lie.
Joe BeniluzFebruary 19, 2014 at 2:21 pm
We can’t just say that the recovery is on its way with only one piece of
data corresponding to the last month. We need at least 2 quarters of solid data in order to establish a well founded recovery. We can’t say that
officially ” its over” this is non sense. No serious economist would agree
with this report just based on this piece of data.
Carolyn MowlemFebruary 19, 2014 at 3:27 pm
MaxFebruary 20, 2014 at 11:02 am
Have you got something to say?