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Spain’s housing crisis laid bare: Families must save for over 40 years to buy in Malaga or Ibiza

Laurence Dollimore
Malaga province is one of the most expensive property locations in Spain, but buyers can enjoy a lower transfer tax compared to other regions (Pictured: Casares, inland Malaga ©theSpanishEye)
THE average Spanish family would have to save for more than 40 years to buy a two-bedroom home in Malaga or Ibiza, a sobering study has found. According to property portal Idealista, anyone in Spain looking for a two-bed home will need an average

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ByLaurence Dollimore
Laurence Dollimore has been covering news in Spain for almost a decade. The London-born expat is NCTJ-trained and has a Gold Star Diploma in Multimedia Journalism from the prestigious News Associates. Laurence has reported from Spain for some of the UK's biggest titles, including MailOnline, The Telegraph, Daily Mail, Mail on Sunday, The Sun and the Sun Online. He also has a Master's Degree in International Relations from Queen Mary University London.
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