Málaga
We develop projects at a national level. with designs, qualities, finishes and well thought out locations. so that you can find your dream home.
We have a wide range of new build flats in Malaga that adapt to all needs, whether for a permanent home, second home or property investment.
At Aelca we want to help you find your ideal home, which is why we are committed to building new developments in Malaga in the best areas of the province, including Casares, Estepona, Mijas, Rincon de la Victoria and Torremolinos.
New build properties and flats in Malaga are currently in great demand. In fact, more and more people are interested in this type of property due to the great advantages it offers them: the possibility of improving it and adapting it to their tastes, enjoying a legal guarantee against any type of damage that the house may have, etc.
Let's find out a little more about the situation of newly finished buildings in Malaga.
Investing in new construction in Malaga has undoubted advantages. Below, we outline the most important ones:
You can choose the house you want: a ground floor apartment, a second story flat or even a penthouse.
You can adapt it to your tastes and even improve it if you decide to do so before delivery.
The property is completely new and ready for you to move into without the need to renovate it.
They are much more modern homes that offer great energy efficiency and therefore consume much less energy than the vast majority of second-hand properties.
The developer's guarantee, which can be activated in the event of any type of damage observed in the house during a certain period of time, which is usually ten years old.
They are usually located in the most modern areas of the city that have all kinds of services, such as parks, schools, restaurants or sports areas, to meet the needs of the population.
Buying a house in Malaga is a big decision that must be considered in order to avoid mistakes that can be costly. Specifically, we recommend you to take into account the following tips:
-Choose the area you are interested in in the city of Malaga and sound out the different real estate options. Keep in mind the services, the proximity to schools, health centres, supermarkets or shops that can make your day-to-day life easier, among others.
-Stick to a budget, because if we go beyond our initial expectations we could end up taking on a debt that could put us in a serious financial commitment. In this sense, it is recommended that the mortgage should never exceed 30% of your net income, i.e. your total income after expenses and debts have been deducted.
-Compare the options offered by different financial institutions. We advise you not to stick with the first one you are offered. It is advisable to consult a second and even a third entity in search of the best offer.
In the province of Malaga, Aelca has several locations where we are launching our new developments. We are not only limited to the city of Malaga, but also to other locations in the province that are undoubtedly attractive to buyers. Specifically, we currently have properties in desirable locations such as Estepona, Rincon de la Victoria, Mijas and Torremolinos.
All these locations attract many tourists, and many people decide to buy a second home to spend their holidays in these municipalities. Thus, they can enjoy their enviable climate and the proximity to beautiful beaches, marinas or golf courses, among others.
In addition, the aforementioned towns have an infinite number of services such as shops, pharmacies, supermarkets and sports centres that are handy to have close by. These are areas of expansion in these localities and there is a clear investment in infrastructures and services on the part of the corresponding town councils.
Malaga continues to be one of the most attractive cities to buy or to rent. If you are looking for a new home, then your work and financial situation is decisive in this matter. Experts recommend opting to buy if you can afford to take the step and if you have sufficient savings to do so. If you opt to buy you will have a real estate asset, as well as being able to decorate it, furnish it and reform it as you wish without having to consult the landlord, who may be a little reluctant to make changes.
In addition to Malaga, don't forget to consider other neighbouring provinces such as the neighbouring province of Granada, which has a very attractive property market. Also if you want a town with a beach, you can consult our new developments in Almeria.
Evolution of house prices in Malaga
Property prices in Malaga have been rising in recent years. In fact, it is currently the sixth provincial capital with the most expensive house prices (2,413 euros per square metre), although it is still surpassed by San Sebastian (4,228 euros per square metre), Barcelona (3,444 euros) and Madrid (3,245 euros).
In 2021 we were talking about 2,090 euros per square metre in Malaga, only one year later it had risen to 2,413; in other words, a 15.45% increase.
Rental prices have also risen, according to Gesvalt. So much so that they are practically on a par with prices in Barcelona. Thus, rents in the city of Malaga are estimated at 12.72 euros per square metre per month.
Buying a newly built property in Malaga seems a much more sensible option than renting, given the high prices of the latter. In this way, we manage to enrich our assets and we can even rent it out to recover our money and obtain a considerable profit.
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