July property sales up 24 per cent in Málaga province

Property transactions in Málaga in July were the highest since 2008.

The positive reports about the Spanish housing market just keep on coming. The latest one – published just yesterday by the INE (Spain’s National Statistics Institute) – shows that property sales in the province of Málaga, which includes the Costa del Sol, were up by a whopping 24 per cent in July when compared to figures for the same month last year, and streets ahead of the 10.7 per cent increase recorded nationally…

The 1,965 property transactions in Málaga and recorded by Spain’s Land Registry, were the highest number since 2008, with a year on year increase of 383, putting the province in fourth place after Madrid, Barcelona and Alicante.

The report also points out that if property sales in Málaga during the first seven months of this year are added together, the accumulated figure stands at 12,883, representing an increase of 15 per cent compared with the same period in 2013.