Wednesday, May 24, 2006

LA LÍNEA; HIGHEST HOUSING PRICE RISE IN ANDALUCÍA

According to a survey carried out by Cohispania in to the rise in housing prices in Andalucía so far in 2006 the town of La Línea shows the biggest increases.

La Línea records a leap of 14.64 per cent that beats Veléz-Málaga and Torrox in to second and third places with their rises being 14.56 and 14.2 per cent respectively.

However La Línea is still in the catch up mode when it comes to the price of property per square metre. The survey shows that as of March 31 of this year the price of a new, unoccupied property in the border town was 1,918 euros per square metre. In the province the most expensive was Rota with 2,268 euros and in the Campo de Gibraltar the municipality of San Roque recorded 2,074 euros.

In Andalucía generally the average rise in the first three months of this year has been 8.83 per cent, compared with the figure for 2005 of 11.25 per cent. The average price per square metre in the region is 1,641 euros.

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