2021, best year in property sales since 2007
3 March 2022
Director of Alanda Properties
As I cared to point out in all my blog posts last year, 2021 was shaping to become an exceptional year for the real estate industry.
2021 saw 565,523 house sales. We need to go back in time 14 years to witness such a good year. This is almost a staggering 35% increase in property sales year-on-year.
Out of all of Spain, Andalusia ranks as the number one region in increase of property sales. Andalusia ranks in Spain as the third region by overall number of property sales.
And within the region of Andalusia, Malaga province shines and crowns itself as the best-performing province by number of property sales. Some districts in Malaga have appreciated in value by over 40% over the last two years. If that is not a property boom, then frankly I don’t know what is.
The main reason behind this property boom can be pinned to Andalusia’s ultra-low taxes.
If you like paying little to no taxes, Andalusia is your kind of place.
Contact me at Alanda Properties if you are buying or selling property on the Costa del Sol and Sotogrande. You will be surprised to learn the deals this new market has to offer on prime locations.
2022 © All Rights Reserved.
Contact with Alanda Properties
Discover the news of the sector
10 reasons to buy property in Spain
3 May 2023
By MLDirector of Alanda Properties 10 reasons to buy property in Spain 1. Store of value. In times of political and economic instability gold and real estate are king as traditionally they act as safe havens where savers shelter their money to weather the storm. 2. Staves off inflation. At a time when inflation is […]
6 things to watch out for on buying property in Spain!
17 April 2023
By MLDirector of Alanda Properties On buying property in Spain, you should be mindful the title is clean. It is fairly common the previous owner is in arrears. In Spain, debts follow the property not the debtor. Meaning, when you take over the ownership, you also take on all the existing debts from the previous […]