Andalucia Realty, a real estate agency based in Marbella, Spain, launched a new report on the evolution of second-hand property prices in Malaga. According to the online resource, the second quarter of 2018 has seen prices growing in the major touristic areas, with Alicante and Madrid seeing home resale prices increase considerably. Readers will find an overview of the background for this trend, as well as real estate investment tips.
More information can be found at https://andaluciarealty.com/en/price-second-hand-properties-sale-malaga-raised.
As one of the most popular touristic areas in Spain and Europe in general, the Costa del Sol attracts a wide range of prospective home buyers and real estate investors. Andalucia Realty has helped thousands of clients find the best properties in Malaga, Marbella, Benahavis, Estepona and other areas, the agency having a detailed knowledge of the local real estate market.
The recent report was launched to help anyone interested in purchasing a second hand property in the Marbella and Costa del Sol make an informed decision based on the latest short- and medium-term real estate trends.
The online resource states that second-hand property prices in the major Spanish touristic areas have grown considerably in the second quarter of 2018. Homes in Alicante and Madrid have appreciated by approximately 10%, with Malaga seeing an average increase of 4% in the price of second-hand properties.
This trend is attributed to the significant economic improvement globally and in the European Union, as well as to the current low mortgage and loan rates.
Andalucia Realty estimates that as more and more second-hand properties are purchased each day, the offer is likely to diminish in the near future. Buying a permanent or vacation home now is likely the best option for prospective home buyers or investors.
With the recent report, Andalucia Realty strives to diversify its range of high-quality real estate services and resources.
Interested parties can find more information by visiting the above-mentioned website.
For more information, visit: https://andaluciarealty.com/en/