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THE MARKET IN GENERAL

According to most sources the market has registered modest increases across Spain as a whole with some regions notably the Baleares posting a significant decrease of -18% June 2018 verses
June 2017, followed by the Canaries -13% and the Costa Brava -9%. Andalucía increased by 7% and the Costa Azahar (north of Valencia sometimes referred to as the `Orange blossom coast`) increased by a whopping
54%.

Source: National Institute of Statistics (INE).
Graph by Spanish Property Insight

THE NERJA MARKET
Quarter 4 figures were not available from the Minesterio de Fomento for resales in Nerja to be included in our last magazine. At that time
the strongest year was 2006 with 602 units sold, 2017 finished with 627 units sold surpassing the peak of 2006.

At the time of producing this magazine quarter 1, 2018 figures are:
Q1 2018 – 145
Q1 2017 - 121
Q1 2016 - 138
Q1 2015 - 135

Source: Ministerio de Fomento

Back to news headlines Date: 06 September 2018