The average age of those buying Marbella properties is believed to be dropping due to Brexit pushing Brits to secure a holiday home or even move to a sunny location.
Unsurprisingly, the properties that were most in demand were homes near the beach, especially in Torremolinos and Marbella. With their beaches recently awarded with “Q” status, a recognition of quality by the Spanish Institute for Quality Tourism, beachfront properties can expect to see this popularity rise in the coming years.
Meanwhile, overall property sales and prices are on the rise in Malaga province as well.
Estate agent Idealista said that properties in the province were 12% more expensive compared to last year.
Source: The Olive Press
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