Falling real estate prices over the years and especially the current situation that is already indicating a stagnation of the prices, makes us venturing a speedy recovery and is drawing the special interest by investors now more than ever.
CNN reports that according to a study from real consulting equity analytics between 2009 and 2013 (years of economic crisis in Spain ) investment funds have invested in Spanish real estate assets 13,000 million, ie more than nine and a half million euros of which 34 % come from the U.S.
These figures make the real estate sector in Spain one of the world top ten most attractive market to invest in.
Furthermore, while we read that the actual property consultant “bnp paribas estate” marked the Spanish real estate as a good investment scenario since -among other things-it considers that the Spanish legal framework is favorable to foreign investors, as well as the actual situation of prices and the good communications we have in the country and of course the geostrategic situation of Spain as a gateway to Europe from Africa and even Latin America.
The consultant also emphasized factors such as the continued increase in tourists visiting our country and Spain, after all, is the fifth largest economy in Europe and has prepared a very active society and world’s leading companies in many sectors (telecommunications , infrastructure, renewable energy) to mark the economic recovery and the near future of the country.
Within the Spanish real estate landscape there are ofcourse differences; some places are more interesting than others. Large cities (Madrid and Barcelona) and the Mediterranean coast (Catalonia, Valencia, coast of Alicante, Coast of Murcia and Andalusia) are the best options for an easily recoverable investment.
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