PUBLISHED: December 30, 2012 at 8:48 am • LAST EDITED: December 30, 2012 at 1:35 pm
Andalucia, Features, Malaga, Property • 6 Comments
British buyers home boom
PROPERTY sales in Malaga have shown the first sign of improvement in four years. Sales have increased by 3.5% in the nine months to September compared to the same time last year.
Foreign buyers were responsible for nearly a quarter of the properties purchased, snapping up 3,099 of the 12,692 houses sold in that period, according to the Ministry of Public Works.
Of those homes, 30% were bought by Britons, placing them at the top of the list of foreign investors in Spain’s property market.
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