Stop in the property sales.

Market confidence is essential when people make one of the most important decisions of their lives, such as buying a home. It is very important that political stability and good economic management of politicians be perceived. The global slowdown caused by factors such as the US-China trade war and the proximity of Brexit are taking its toll on economic growth. Gross Domestic Product, GDP, grew 0.5% quarter-on-quarter and 2.3% in annual rate. This is the slowest expansion rate since 2014, the year in which the recovery began. In June, 22,261 loans were signed for the purchase of housing, 16.2% less year-on-year, according to the notaries and is due to experts due to political and economic uncertainty and the entry into force of the new mortgage law that has slowed everything down.

The good news for all our clients and investors is that despite all, the dwelling is still getting more expensive on the Costa del Sol and has risen 0.3% month-on-year and 5.3% year-on-year.

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