The price of second hand homes in the province of Malaga increased 10.13% year on year in August 2018

The real estate prices in the city of Malaga increased at 11.98% year on year, and  giving an average square metre price of 2.044 Euros.

Nevertheless this is slightly less impressive when comparing to the increases in Puerto Banus(25,2%), Torrox (25,60%), Torre Del Mar (20.61%), and Fuengirola (15,13%).

The source of the data above has been taken from:

And these data are based the price on houses for sale in the period, leaving a slight uncertainty.

Another survey by Grupo Tecnocasa and the Pompeu Fabra University (UPF), which reviews the value in the main Spanish cities, places the region of Malaga among the leading group with a year on year increase of 12.29% in the first semester of 2018.

The largest increases were registered in Madrid (13.35%) and Barcelona (12.86%). Valencia, Córdoba and Seville also had increases above 10%.

According to the survey by Grupo Tecnocasa and UPF the nominal price of homes is still 37.52% below the historical highs (late 2006 – early 2007), and the current price level is similar to that of 2011.

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