Property for Sale in Punta Prima

Why has the Spanish real estate market been activated again?

All official data and analysts agree on the diagnosis: the Spanish real estate market is back to stay. But why?

In 2016 confirmed the good moment that the sector lives years of adjustment and crisis. During this period, the real estate market has normalized, becoming very attractive again for home buyers.

The return of better financing conditions, price stabilization, investor appetite in a context of low interest rates and a more encouraging macroeconomic outlook explain in part the good data provided by the different statistics that measure the pulse of the market.

Apart from all this, there are other factors that explain this change in trend.

Increase in the number of transactions.

It could be due to a specific event, and not be stable. However, during the last two years the data show an increase in the number of sales, which shows that the market is more active than in the period immediately following the economic crisis.

Prices rise.

As a consequence of the above, prices have started to increase. It is logical, if demand increases, so will the price. Even so, prices in many areas of Spain are still far from the highs of the housing bubble era. And keep it that way, absolutely no one wants that to happen again.

However, gradually raising prices, while it may seem bad to buyers, is a good thing overall. It also means that in the case of buying, our home will be revalued due to the improvement of the real estate market and the economy in general. There will therefore be a return on our investment.

Increased supply and demand.

As prices rise, indecisive sellers tend to put their properties up for sale, at a somewhat higher price, and equally active buyers begin to see how properties they have visited disappear from the sale quickly and rush to buy.

New work visas grow.

New building projects are being commissioned. Something that practically disappeared after the economic crisis, begins, little by little, to revive.

The cranes are back.

Immediate consequence of the above, they begin to see new constructions, with cranes in active, and of new sale on plane.

Increased demand for land.

This is perhaps the most determining factor, which really indicates that the real estate market is reactivating and is not something punctual, which is already a fact, because it shows that the developer starts to plan in the long term.

Take a look at the wide variety of Property for sale in Punta Prima that E-Style Spain puts at your fingertips.

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