{"id":52102,"date":"2026-07-21T09:42:00","date_gmt":"2026-07-21T07:42:00","guid":{"rendered":"https:\/\/www.exxacon.es\/vivienda-en-malaga-somos-parte-de-la-solucion-entrevista-exxacon\/"},"modified":"2026-07-22T23:05:42","modified_gmt":"2026-07-22T21:05:42","slug":"housing-in-malaga-we-are-part-of-the-solution-interview-with-exxacon","status":"publish","type":"post","link":"https:\/\/www.exxacon.es\/en\/housing-in-malaga-we-are-part-of-the-solution-interview-with-exxacon\/","title":{"rendered":"\u2018We are not part of the problem of access to housing in M\u00e1laga; we are part of the solution\u2019"},"content":{"rendered":"\n

The Costa del Sol is experiencing one of the periods of highest demand for housing in its recent history, and also one of the most strained. National and international interest in living in the province continues to grow, but the supply of housing in M\u00e1laga is not keeping pace.<\/p>\n\n\n\n

In a recent interview<\/mark><\/a> with El Espa\u00f1ol de M\u00e1laga<\/em>, Gast\u00f3n Aigneren, CEO of Exxacon, and Elena Cuberos, the company\u2019s managing director,<\/strong> looked back on nearly 26 years as a Malaga-based property developer and put forward a clear assessment: the housing problem in Malaga will not be solved by pointing the finger at developers, but by granting greater freedom to build<\/strong>.<\/p>\n\n\n\n

A Malaga-based property developer forged through two crises<\/h2>\n\n\n\n

Exxacon was founded in Marbella in 2000, at the height of the property boom, and subsequently survived the financial crisis that wiped out a large part of the sector. That experience shaped our approach to the business: prudent growth, sound investment partners and particularly careful management in times of uncertainty<\/strong>. As Elena Cuberos recalls, the company chose at the time to \u201ctake the loss, selling properties solely to repay the bank, with no intention of making a profit\u201d, a decision that enabled us to maintain the trust of our co-investors, some of whom remain associated with Exxacon more than two decades later.<\/p>\n\n\n\n

That culture of prudence and learning continues to be passed on to the entire Exxacon team today, with the conviction that the current favourable market conditions do not exempt us from continuing to act with rigour and professionalism.<\/p>\n\n\n\n

The real bottleneck in the housing market in M\u00e1laga<\/h2>\n\n\n\n

Unlike other Spanish provinces, house prices in M\u00e1laga have not only failed to slow down, but have continued to rise. <\/strong>The problem is not one of demand, but of the capacity to develop new housing estates: there is a shortage of ready-to-build land, a shortage of construction firms, and a shortage of skilled labour<\/strong> to cope with the volume of building work the province requires.<\/p>\n\n\n\n

Added to this production shortfall is a structural obstacle: infrastructure.<\/strong> Electricity, water and sanitation supplies are not always scaled to the area\u2019s population growth, which delays or even brings to a standstill projects that already have guaranteed demand. For Gast\u00f3n Aigneren, the solution boils down to one word: freedom. Freedom in town planning to allow for different building types and heights, and freedom for utility companies to invest in advance in the capacity that new developments will require.<\/p>\n\n\n\n

Prices: the true cost of land, construction and taxes<\/h2>\n\n\n\n

In an interview with El Espa\u00f1ol de M\u00e1laga<\/em>, Elena Cuberos and Gast\u00f3n Aigneren use data to refute the idea that property developers are behind the surge in prices. The cost of a new home comprises the price of land, construction costs \u2014 which are rising due to shortages of materials and labour \u2014 and a tax burden which, as our CEO explains, accounts for nearly 30 per cent of the final price: \u201cAlmost 30 per cent of the cost of a home is made up of taxes <\/strong>[\u2026] We need to find ways to reduce them.\u201d For the company, any genuine strategy to curb house prices must include reviewing this tax burden, as well as speeding up the release of available land and making progress on the industrialisation of construction.<\/p>\n\n\n\n

Infrastructure that is not keeping pace with demand<\/h2>\n\n\n\n

Elena Cuberos highlights another, less visible but equally crucial aspect: the maintenance of existing infrastructure, not just the creation of new infrastructure<\/strong>. From beach clean-ups to the energy capacity of the grid, the managing director of Exxacon argues that public authorities must anticipate the province\u2019s growth rather than react once the problem has already arisen. And, when the public sector is unable to take on certain infrastructure projects (as is the case with the coastal railway), both executives agree that the private sector is well placed to provide solutions if given the right conditions to do so.<\/p>\n\n\n\n

Exxacon, committed to developing new residential developments in M\u00e1laga<\/h2>\n\n\n\n

With a history spanning almost 26 years<\/a>,<\/mark> Exxacon sees itself as a Malaga-based property developer that views the property business as a long-distance race, not a sprint.<\/p>\n\n\n\n

It is precisely this long-term vision that underpins our current commitment: to continue developing new homes in M\u00e1laga that meet the province\u2019s real demand<\/strong>, adopting a prudent and professional management approach, whilst recognising that the housing challenge can only be resolved through collaboration \u2014 between public authorities, the private sector and developers \u2014 rather than by apportioning blame.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Costa del Sol is experiencing one of the periods of highest demand for housing in its recent history, and also one of the most strained. National and international interest in living in the province continues to grow, but the supply of housing in M\u00e1laga is not keeping pace. In a recent interview with El Espa\u00f1ol de M\u00e1laga, Gast\u00f3n Aigneren, CEO of Exxacon, and Elena Cuberos, the company\u2019s managing director, looked back on nearly 26 years as a Malaga-based property developer and put forward a clear assessment: the housing problem in Malaga will not be solved by pointing the finger at developers, but by granting greater freedom to build. A Malaga-based property developer forged through two crises Exxacon was founded in Marbella in 2000, at the height of the property boom, and subsequently survived the financial crisis that wiped out a large part of the sector. That experience shaped our approach to the business: prudent growth, sound investment partners and particularly careful management in times of uncertainty. As Elena Cuberos recalls, the company chose at the time to \u201ctake the loss, selling properties solely to repay the bank, with no intention of making a profit\u201d, a decision that enabled us to maintain the trust of our co-investors, some of whom remain associated with Exxacon more than two decades later. That culture of prudence and learning continues to be passed on to the entire Exxacon team today, with the conviction that the current favourable market conditions do not exempt us from continuing to act with rigour and professionalism. The real bottleneck in the housing market in M\u00e1laga Unlike other Spanish provinces, house prices in M\u00e1laga have not only failed to slow down, but have continued to rise. The problem is not one of demand, but of the capacity to develop new housing estates: there is a shortage of ready-to-build land, a shortage of construction firms, and a shortage of skilled labour to cope with the volume of building work the province requires. Added to this production shortfall is a structural obstacle: infrastructure. Electricity, water and sanitation supplies are not always scaled to the area\u2019s population growth, which delays or even brings to a standstill projects that already have guaranteed demand. For Gast\u00f3n Aigneren, the solution boils down to one word: freedom. Freedom in town planning to allow for different building types and heights, and freedom for utility companies to invest in advance in the capacity that new developments will require. Prices: the true cost of land, construction and taxes In an interview with El Espa\u00f1ol de M\u00e1laga, Elena Cuberos and Gast\u00f3n Aigneren use data to refute the idea that property developers are behind the surge in prices. The cost of a new home comprises the price of land, construction costs \u2014 which are rising due to shortages of materials and labour \u2014 and a tax burden which, as our CEO explains, accounts for nearly 30 per cent of the final price: \u201cAlmost 30 per cent of the cost of a home is made up of taxes [\u2026] We need to find ways to reduce them.\u201d For the company, any genuine strategy to curb house prices must include reviewing this tax burden, as well as speeding up the release of available land and making progress on the industrialisation of construction. Infrastructure that is not keeping pace with demand Elena Cuberos highlights another, less visible but equally crucial aspect: the maintenance of existing infrastructure, not just the creation of new infrastructure. From beach clean-ups to the energy capacity of the grid, the managing director of Exxacon argues that public authorities must anticipate the province\u2019s growth rather than react once the problem has already arisen. And, when the public sector is unable to take on certain infrastructure projects (as is the case with the coastal railway), both executives agree that the private sector is well placed to provide solutions if given the right conditions to do so. Exxacon, committed to developing new residential developments in M\u00e1laga With a history spanning almost 26 years, Exxacon sees itself as a Malaga-based property developer that views the property business as a long-distance race, not a sprint. It is precisely this long-term vision that underpins our current commitment: to continue developing new homes in M\u00e1laga that meet the province\u2019s real demand, adopting a prudent and professional management approach, whilst recognising that the housing challenge can only be resolved through collaboration \u2014 between public authorities, the private sector and developers \u2014 rather than by apportioning blame.<\/p>\n","protected":false},"author":7,"featured_media":52104,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[218],"tags":[],"class_list":["post-52102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate"],"acf":[],"yoast_head":"\n\u2018We are not part of the problem of access to housing in M\u00e1laga; we are part of the solution\u2019 | Exxacon<\/title>\n<meta name=\"description\" content=\"Gast\u00f3n Aigneren and Elena Cuberos, CEO and managing director of Exxacon, discuss the challenges facing the housing market in M\u00e1laga with El Espa\u00f1ol\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.exxacon.es\/en\/housing-in-malaga-we-are-part-of-the-solution-interview-with-exxacon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018We are not part of the problem of access to housing in M\u00e1laga; 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