"Today, we are talking about the province with the most operations in relation to the size of its residential park, although a moderation is expected".
The figures speak for themselves: Malaga passed the halfway point of the year with the property market still buzzing. Up to July, 25,650 homes were sold, 48% more than the previous year and the highest figure in 15 years. No more and no less.
Today, we are talking about the province with the most transactions in relation to the size of its residential stock, although a moderation is expected. This, with rents rising by 10.7% per annum. Even more: the numbers are almost identical to those at the peak of the boomThe number of properties sold in Malaga reached 26,300 in 2007. Only Madrid, Barcelona and Alicante, in fact, now exceed Malaga's level of sales.
For these operations to reach their final phase, with the final buyer accessing their home, a fundamental factor has been the growth of investment funds, of profitability, giving support through financing to entrepreneurs, mainly developers and builders based in Malaga capital, and on both sides of it. And this, in more and more operations.
From the Commercial Department of DEXTERGuillermo Díaz, the person in charge, assures that "The behaviour of demand for real estate is also proving to be very strong in the second half of 2022, and this obviously encourages developers to move quickly and look for agility, especially in residential, both first and second homes. This is where alternative financing is growing as a tool to make the projects of so many companies possible".he concluded.
