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Home»Finance»The influx of buyers in the Spanish real estate market has increased significantly

The influx of buyers in the Spanish real estate market has increased significantly

July 17, 2018

Real estate in Spain, as before, attracts the attention of foreign investors. As a result of an economic decline in the country, the cost of housing in Spain has significantly decreased. Inexpensive housing can be purchased in Calpa and Alicante. The most intense price increase is expected to be elite real estate.

As a result, a large number of transactions were carried out by foreign investors. However, the country’s economy is currently restored, which can cause an increase in house prices in Spain. This situation is already observed in the resort areas of the country. For example, in Barcelona, ​​which takes first place in the country in terms of housing construction, even ahead of Madrid. Of great interest of foreign investors in Spanish real estate is due to the legal conditions of registration. To obtain a residence permit in Spain, it is enough to purchase any residential real estate here here. Thanks to this nuance, the influx of foreign investment in Spain does not stop growing. Real estate of any class in Spain can be considered a reliable investment of funds. To date, the most affordable type of housing can be considered economical class. The cost of such real estate will remain at the same level during the year. However, due to an increase in demand in the future, we can expect an increase in economy-class housing prices. Thus, now the most favorable time for investors planning to go to Spain for permanent residence. Inexpensive housing can be purchased in Calpa and Alicante. The most intense price increase is expected to be elite real estate. This can be explained by the geographical position of the country. After all, Spain can be considered one of the centers of beach tourism, which will always attract investors, and the opportunity to get a residence permit in this luxurious country is also a good bonus to profitable investment.

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The cost of premium housing in the center of London reached its maximum the cost of premium housing in the center of London reached its maximum reached the price characteristics of elite housing in the center of London in July 9.6% in comparison with similar indicators of July 2010. In the rest of the UK, in general, prices have decreased. According to Knight Frank, in just one month, London premium housing has grown in price by 0.7% to the maximum value. The cost of renting housing of this level also increased by 0.3%, which is also the largest indicator. In addition, rental rates on business class housing are 1% exceeded the maximum rates of March 2008. The peak value of growth in the past six months has been recorded in the areas of Mayfair (7.2%) and Chelsea (7.7%). At the same time, the other area of ​​the capital – Belgravia distinguished himself the largest increase in the size of the rental rates over the past three months – they increased by 1.8%.According to experts, such indicators of the development of the business class real estate market in the center of the British capital are achieved only due to a deficit of the proposal of collapsible modules, as well as due to foreign investments. In addition, real estate experts advise customers to take a closer look at housing in other areas of London. For example, in the southwest of the metropolis, the rental cost has already risen by 6.9%, and the purchase prices of apartments also increased by 1.7%.

June 24, 2019
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