The real estate jewels in Malaga, the showcase of luxury in the Spanish sector The real estate jewels in Malaga, the showcase of luxury in the Spanish sector

Malaga is, after Madrid and Barcelona, ​​the main focus of real estate investment in Spain, according to the experts at Savills Aguirre Newman. In this scenario, the average price of housing in the province stood at 1,703 euros per square meter during the second quarter, which represents a year-on-year increase of 5.4%. In fact, housing has increased in value by 11.5% compared to the end of the previous year, according to Tinsa data. In terms of luxury, Spain has more than 36,000 homes with prices above one million euros and Malaga is the province where more properties of this type can be found. They account for 23.1% of the total, according to data from Idealista.

The activity will continue to rise in the second tranche of this year and 2022. Those who know the sector expect an "explosion" at the transactional level in terms of land during the next post-Covid years, especially in residential areas such as Cortijo Merino, Sanchez Blanca , Nereo, El Tinto, Repsol or Rojas Santa Tecla. Here are some of the real estate jewels that can be found in the province.

One of the most popular destinations in Malaga is Marbella, where there are properties like the following penthouse for one million euros. The house offers views of the Lomas de Marbella Pueblo and the sea from the terrace and the south-facing windows. The house has three bedrooms that are distributed on two levels. The biggest draw is the master suite, which occupies the entire top floor and is surrounded by bay windows. The community includes an outdoor swimming pool and communal gardens.

For clients willing to spend two million euros, the chalet below is available. It is a recently built villa in Cabopino that has sea views surrounded by the 18 holes of the Cabopino Golf Course. The property is spread over 677 square meters (m2) on a 890 m2 plot which is home to a 10 meter long private pool and garden. The house stands close to the pine mountains, the Cabopino marina, the Dunas de Artola protected beach, and the Torre de los Ladrones trail.

And now I can't find how to write a statutory declaration. wow -_-

— 🏳️‍🌈👩‍💻 Opal Symes (she/her) Wed May 20 10:30:51 +0000 2020

Five bedrooms and five bathrooms for 4.1 million euros. This modern villa is located in Altos de Puente Romano (Marbella), an exclusive community near the seafront. The 767-square-meter property features a heated saltwater pool next to a bar that is roped off by gardens. Buyers will be able to enjoy a rooftop terrace with a lounge area, Jacuzzi, and ocean and mountain views.

Malaga also has properties whose price exceeds five million euros, such as this house that Engel & Völkers sells in Idealista for 5.9 million. It is a villa located in the Lomas del Marbella Club area with four bedrooms and seven bathrooms. The house occupies 952 square meters of a plot of 2,091 m2. It has three floors that are accessed through a spiral staircase whose starting point is a mixed-use area - gym and sauna - and ends on the upper level, where the master suite is. The experts at Savilla Aguirre Newman point out in their studies of the area that these properties are scarce in the market since there is little land available to develop properties that fall into the 'super luxury' category.

The market, according to the experts at Savills, runs at two speeds: on the one hand, the dynamism, high demand and good sales rates that have characterized Malaga Capital with an early recovery. On the other hand, the slowdown, especially on the Costa del Sol, due to the impossibility of traveling due to non-resident international demand, which has caused a reduction in the number of leads and visits". However, their expectations regarding the behavior of the Malaga market for the next few years are promising.