Real Estate Market Report 1H 2023 - LF

Lucas Fox Spanish Real Estate Market Report / First half 2023 / Seville, Málaga & The Costa del Sol

BUYER PROFILE

H1 2023, Source: Lucas Fox data

AGREED PRICE

PURCHASE REASON AND PROPERTY TYPE

Av. price 837,500

Av. discount

Av. price Y-O-Y

Málaga city Seville city Costa del Sol

Málaga city

-10%

-6%

44% 44% 11% 56% 33% 11%

PRIMARY RESIDENCE INVESTMENT SECOND HOME

472,500

-12%

-10%

744,273

-4%

-51%

HOUSE/VILLA APARTMENT/PENTHOUSE COUNTRY HOUSE

Created sales contracts, average agreed price, average difference between asking and closing price, and annualised change in average agred price.

Seville city

BUYER PROVENANCE

50% 25% 25%

SECOND HOME PRIMARY RESIDENCE INVESTMENT APARTMENT/PENTHOUSE

100%

Costa del Sol

73% 18% 9% 45% 36% 18%

SECOND HOME PRIMARY RESIDENCE INVESTMENT

EU EUROPE (NON EU)

79.2% 20.8%

APARTMENT/PENTHOUSE HOUSE/VILLA COUNTRY HOUSE

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