Although the 4th quarter figures are still to be published, comparing 3rd quarter 2007 with the same period in 2006 shows that across Andalucía property prices rose 6.7% on average, against a national average of 5.3%.
Within Andalucía, the best growth was in the province of Granada, at 9.7%, the worst Málaga, with 4.2%.
But, for several reasons, official figures in Spain can be somewhat inaccurate and are best seen as indicators of trends; all the indications are that property price inflation is slowing, although not necessarily as the same rate across all sectors of the market.
For example, while I would expect to negotiate ±25% off asking prices on the coasts of Andalucía, I might only manage 10% in the centre of Seville and even less in some of the prime country areas where demand for certain types of property may still outstrip supply.
In a country as large and diverse as Spain national averages ignore big regional variations and it is no different at the provincial level.
Andalucía is Spain’s largest autonomous region, covering nearly 20% of the Spanish mainland and is bigger, in fact, than several E.U. countries. So it should come as no surprise to find differences in the property markets in the eight provinces that make up Andalucía, ranging as they do from the affluent coasts of Málaga province to the less well-off rural interiors of Jaén and Huelva.
In effect, there a several property markets across the region and it makes more sense, therefore, to look at the different sectors separately.
Mark Stucklin (Spanish Property Insight)
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Andalucia Property Market Summary 
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