Foreign Family Moving Home Spain

Posted by & filed under Costa del Sol Property News, Spanish Real Estate News & Lifestyle.

First time in years this share of business is achieve in Spain by Foreign Property Investors

The year 2013 has marked a before and after in the real estate sector in the province. In this new page I write this activity highlights are foreigners who have pulled the sale of newly built properties , to the extent that they are those who have bought half of the homes sold in the entire year , according to data provided by the President of the Association of Builders and Developers of Malaga, José Prado. Specifically , the figure 4,640 transactions that have sealed buyers outside our borders , the 9,526 sold in this period. Prado said that this market share reached foreigners over the past year had not occurred in the province or in the best years of this activity , including the historical period of 2007. This record year of 45,000 units sold , 16,800 were acquired by foreigners.

“The return on investment in residential housing has experienced tourism growth in 2013 that had not occurred in the last six years,” Prado , which increased to 33 % growth recorded last year , compared to 22% of said overall increase in transactions.

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Malaga Top Ten city by Financial Times

Posted by & filed under Spanish Real Estate News & Lifestyle.

 

A Bright Future for Malaga Province in Southern Spain

The city of Malaga has found its way this year into the selected top ten cities for foreign investment in southern Europe, according to the 2014/2015 European Cities and Regions of the Future report, published by the Financial Times.

In order to draw its conclusions, the financial daily considers factors such as the creation of new facilities and infrastructure; improvements and maintenance of connectivity (communications and transport); the promotion of an attractive financial environment and the maintenance of a high quality of life.

The possibility of incentives for setting up new companies has also been taken into account, along with the existence of a highly qualified population and international promotion, among other factors.

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