"It is indisputable, because the numbers are there, that Malaga in real estate is pulling the economic the economic bandwagon, second only to Madrid".
Malaga's real estate market continues to experience significant growth in the first half of 2022. And this is due to factors, a priori obvious, such as the good climate, its growing economic momentum and its political stability. But these are magnificent foundations for sustained momentum and not just the fruit of the moment.
Developers are aware of this and are turning, in addition to traditional bank financing, to financing that comes from the hand of private capital, which in Spain is already at levels ranging from 15% to 20% in the total market. The price of housing is rising significantly and demand remains very high, with an increasingly strong presence of international investors, both families and companies. In fact, single-family homes now account for almost 40% of the total supply in Malaga, which is a very significant figure.
There are also areas in the capital where detached houses are located in a particularly expensive price range for the luxury segment, such as Cañada de los Ingleses, in the Málaga East district, with a price of 4,114 euros per square metre and an average price per property of 602,000 euros.
The president of DEXTER Global Finance, Yeidy Ramírez, points out that "it is indisputable, because there are the numbers, that Malaga in real estate is pulling the cart of the economy only surpassed by Madrid. In both areas there is a great sensitivity to private capital. We are going where others are not.
For developers, opportunities arise. And time is key to the development of their business. That's where our agility and our security for the client and their operations come in. Their success is our success," concludes Ramírez.
