Thursday, October 1, 2020
Home Residential House Sales i...

House Sales in Málaga Decreased by 10% in 2019

Looking ahead to 2020, a significant drop in house sales and in demand from foreigners is expected, particularly due to the Covid-19 crisis.

The residential market in Málaga, which was already showing signs of weakening demand in 2019, is expected to face a further slowdown in house sales this year, mainly in the second-hand segment, due to the crisis caused by the COVID-19 pandemic, according to forecasts from CBRE.

According to the consultancy’s report entitled “Keys to the residential market in Spain 2020“, the demand for housing in Málaga last year registered a year-on-year decrease of 10% to 30,827 units. The city of Málaga, which recorded 6,747 house sales after a 12% decrease, and the municipality of Marbella accounted for almost a quarter of the province’s transactions. In terms of the forecasts for this year, Rosa Madrid, Regional Director for CBRE in Andalucía comments that “this situation will be further affected by the impact of the pandemic, and in particular, the decrease in demand from foreigners in the province”.

Read the full article in Spanish.


Residential Yields Reach 7% at the Height of the Pandemic

Investment in housing is gaining ground over other assets, such as the stock market and other equity products, with returns of between 7% and 8% in several Spanish provinces.

The Details of the 102 Residential Plots Being Sold by the Community of Madrid

The regional government is going to put 240 publicly owned plots up for sale, of which 102 are for residential use. The jewel in the crown is a plot spanning more than 32,000 m2 in the heart of the Salamanca district.

How Covid is Affecting House Prices: Map of the Decreases by District

The coronavirus crisis is causing house price decreases of up to 70% in some municipalities in Castilla La-Mancha, the Community of Valencia and Andalucía.

Property Developers Launch Large Urbanisations Post-Pandemic

Between April and August, work began on 996 developments in Spain with the ten largest comprising 1,691 homes. Of those ten, which are located in Madrid, the Basque Country, the Community of Valencia and Andalucía, four are being built by Amenabar.

Latest news

Prologis Puts a 20,000 m2 Warehouse Located Next to the F1 Montmeló Circuit On The Market

The asset is located on a 31,800 m2 plot in the first logistics ring of Barcelona, ​​an area characterised by low supply coupled with high demand from companies and operators.

Mitma’s 20,000 Home Plan is Insufficient, According to Estate Agents

The secretary for the General Council of the Official Colleges of APIs, assures that "Spain has to stop performing at the tail-end of Europe in this matter" and the 20,000 Home Plan is "insufficient".

The Town Hall of Madrid Puts Tertiary Land Spanning 40,000 m2 in Valdebebas Up For Sale

Madrid City Council has put out to tender two tertiary-use plots spanning a combined surface area of 40,000 square metres. The plots are priced at 17 million euros and 20 million euros, respectively.

Corestate Launches a Plan to Grow its Assets in Spain to €500 Million

In an interview with, the Director General of Corestate in Spain, Christopher Hütwohl, has explained the projects that his fund has in the country and where it is preparing new student residences.