Housing prices have already accumulated three years of recovery. Although most of the areas are still far from reaching the historical highs of 2007

Housing prices have already accumulated three years of recovery. Although most of the areas are still far from reaching the historical highs of 2007, there are areas that have already returned to conquer that level, such as the premium districts of Madrid and some Spanish towns, mainly on the islands.

Despite the debate in some circles, a lot of data indicate that housing is not living in any bubble state yet. Although transactions have rebounded strongly, neither mortgages, nor prices, nor new construction visas nor employment in construction are even close to those of 2007.

If we go more in detail more with the public data that exists, we find that the price report there are already 16 areas in Spain where the price of housing marked a historical maximum in the first half of 2018 It is noteworthy that in the previous picture taken by the Bankinter Blog of these data there were two districts of Barcelona in the list (Ciutat Vella and Eixample) that have moved away from maxima after touching them in the last semester of 2017.

In all cases, the prices of second-hand homes in exclusive areas are treated and investors have taken the opportunity to position themselves as soon as possible to take advantage of the recovery and also as an investment to rent. They were in their day the areas that best withstand the falls and have been the first to have recovered the maximum.

They are still very specific areas, with a reality totally different from the rest of the Spanish market and which, in percentage terms, represent a small percentage of the Spanish geography, but which are indicative of the market trend.

Regarding all this information the area of Benahavis nd Estepona re the most desiderable areas and  the best up coming  areas regarding   the location, and the prices are coming and coming up.

The best resorts and golf courses , sandy beaches are located in this area what it has an average of € 2.500 per sqm.