According to data extracted from Tinsa IME report, we can say that Malaga has become one of the most important capitals of the housing market in 2018. Along with 7 more provinces throughout Spain, it had an annual growth of more than 10%. Surpassed only by Madrid, Pamplona, Alicante and Palma de Mallorca.
Also, if we expand the magnifying glass, we can notice how the increase is sharpened when we observe it by segments. Especially, in second-hand housing and located in the easternmost part of the city.
According to information of Fotocasa, the market of the purchase-sale of houses experienced a growth of 25.3% in the District of East Malaga. That is, the Malaga’s East Flats has increased a quarter of its value in 2018.
We, ESTE Real Estate, as real estate agency in Malaga specialized in its East area give faith of this important growth. The movement of recent years has been evident and has allowed a considerable increase in economic activity, affecting indirectly and positively all types of businesses in the city.