The Spanish Statistical Office has released data confirming that Mortgage approvals are up 34% across the whole of Spain with the Andalucia area approving over 5,000 mortgages in the month of April. The actual lending amount increased 46.5% over the same month last year!
This continues to show how the property market in Spain has improved with Brittan still leading the international buyers, followed by France and Scandinavia.
Average asking prices in Andalucia also increased by around 2.2%.
If you are looking to buy a property on the Costa del Sol or need mortgage recommendations or advice, for residents and non-residents, the Marbellapads team are here to help.
Covering the most popular areas on the coast, including San Pedro de Alcantara, Marbella and Benahavis.