One more year, Apirm (Murcia Real Estate Developers Association) held the Real State Forum under the title “The New Age of Real Estate Sector” in a dream scenery, the Murcia Casino.
The meeting revolved around the new conception and management model changes that should be assumed from now on as a consequence of the beginning of a new business cycle, so as to assimilate the change of scene.
“We are aware of the role played by the building sector in the local economy inasmuch as it is crucial in job creation as well as a source of wealth”, Francisco Bernabé, Murcia Civil Works and Zoning Minister.
“The real estate market has already become stabilized. The building sector is now in a return to normal, recovery phase, and it will have weight again in the local economy” José Hernández, Apirm president, stated when explaining the meaning of the forum title.
Hernández highlit the importance of a new model based on cooperation of developers, architects, estate agencies… and all the estate and building professionals to achieve this aim.
“Cooperation is going to be the key for new projects to be viable, sustainable, efficient, and innovative in design and materials.”
The real estate sector in the Region of Murcia: main facts.
Some data about the sector current situation were explained during the Association yearly meeting, for instance, the mortgage monthly payment in the Region of Murcia is quite lower than in the rest of the country.
“The increase of the number of mortgage for the first time since 2006 is a signal of recovery”, José Hernández explained. The number of authorized mortgages in 2014 was 2.86% bigger than the previous year.
Regarding buying and selling, the transactions during 2014 went as far as 11.63% more than in 2013. And the same value is expected for 2015.
Atendees at the meeting included professionals from the real estate sector such as Juan Antonio Gómez-pintado, APCE (Developers and Builders Spanish Association) and ASPRIMA (Madrod Developers Association) president, Juan Fernández-Aceytuno, ST (Valuation Society) chief executive, and Ignacio San Martín, BBVA Real Estate Research director.