The report Housing in Costa 2017 points out that the holiday home market in The AxarquiaThe western part of the province of Malaga has boosted the recovery with respect to last year's only growth, the western part of the province of Malaga.
There has been a year-on-year increase in prices on the Andalusian coast, especially in Malaga city, Manilva and San Fernando.
At the national levelThe holiday market, in 22.4% of the 58 areas analysed throughout the country, indicates that the situation is summarised as a recovery. The holiday market is developing positively in almost two thirds of the areas analysed.
Analysing Andalusiarecovery is taking place in The Axarquia and in the Tarifa-Conil area. Some improvement can be seen in Vera (Almería) and Chiclana-Puerto Real (Cádiz). The most delayed area is Algeciras.
PRICES
The real estate market is thriving in Malaga in the Axarquia region
The more pronounced increase in prices is in the coast of Malaga. The number of localities with growth above 5% increases from 8 municipalities to 15.
The enclave with the best evolution is located in Mojácar, followed by Manilva and San Fernando, according to the data of the Tinsa statistics.
Housing close to the sea obviously performs better than inland areas, says Antonio García Gallego, Territorial Business Coordinator Peninsula and Islands.
The biggest gap in terms of the fall in finished housing, as reported by Tinsa, is in Casares (Málaga), with a 62.2% fall compared to 2007. Significant falls have occurred in Vejer de la Frontera, Lepe and Punta Umbría.
Marbella showed an average price of 2,074 €/m2, while Tarifa stands at 1,958 €/m2, which has meant a widening of the gap between the two cities. The most expensive coastal municipalities are Cádiz and Nerja.
The cheapest average prices are in Motril, Huelva Capital and Roquetas de Mar (933€/m2, 982€/m2 and 1.012€/m2, respectively).
OFFER
The proportion of holiday new-build stock remains significant in Sotogrande, the north of Aguadulce, El Toyo, Roquetas de Mar or Vera and Vélez Málaga.
The proportion of new building stock decreases in Tarifa, Marbella, Nerja, Rincón de la Victoria and the coast of Granada.
