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More residential properties are being completed now than any other time since the crash.
Between January and July, 33,085 homes, mostly apartments were finished according to the Ministry of Public Works. This represents a 39% increase from this time last year.
In 2007 there were 641,419 properties completed, in the following year that figure plummeted by 94%.
This year private developments have gone up 37.4% with the total amount of money spent on finishing these buildings rose as well to just under €4.4 billion. There is a real confidence in the market again now with recent legislation regarding off plan properties boosting that too.
As a long-established estate agent on the Costa del Sol we know what to look for in new developments and this is why we choose our exclusives and the developers we work with carefully.
Always looking for the best location, facilities and broad range of properties to suit all our clients tastes and budgets. Meanwhile property prices are reported to be 4.3% higher in October according to property valuation firm Tinsa.
The market has made great progress throughout this year hopefully starting 2018 on a positive note. Spain still remains one of the most desirable places to purchase property whether you are looking to relocate or have a holiday home here.
You can still get excellent value properties on the Costa del Sol compared to many of its European neighbours and this teamed with the climate and lifestyle you have here make for a desirable combination.
Whether you are looking to buy or sell the time is right. Your dream property in the sun is here waiting for you and our team will guide you around the best areas to find the right property to suit your lifestyle.

image: Designed by evening_tao / Freepik

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