Cabo Roig Property for Sale
Spain was in 2016 the fourth EU country in real estate investment
During 2016 Spain became the fourth European country with the largest real estate investment received with a sum close to 13.9 billion euros.
Spain became the fourth largest European country in real estate investment in 2016 with € 13.9 billion, behind the United Kingdom (60.2 billion), Germany (52.5 billion) and France (25.7 billion). As a whole, real estate investment in Europe reached 251.1 billion euros, of which the residential sector registered a total of 43.7 billion euros received.
Europe recorded a fourth quarter that broke investment records in 2016 with 86.7 billion euros, 4% more than last year.
Good expectations for the Spanish residential market.
The data indicate that the residential real estate sector will continue on the positive path in 2017, registering values closer to normalization. In relation to prices, they are expected to increase between 3.5% and 5%. Such booms will occur in a sustained and healthy manner. Similarly, buying and selling, building new homes and signing mortgages will continue to increase.
Specifically, housing construction is expected to grow by 20%, to 74,000 units. In turn, there will be a consolidation of the banking sector and good financing conditions, two of the positive factors that will drive the residential sector. Finally, it is also expected that tensions will occur around the ground.
