Spain could reach the 526,000 homes sold in 2018

Housing transactions in Spain could reach 526,000 units in 2018, 9.3% more than the 481,000 operations foreseen for this year 2017, which represent 10.1% more than last year, as long as maintain the financing conditions and the course of the Spanish economy and the euro zone in the planned line. Of that total, the bulk will be replacement housing and only about 275,000 will be new homes. In addition, the prices of new and second-hand homes will continue to rise with a growth of 5.8% in the fourth quarter of 2017 and another 5% at the end of 2018, although they will continue 23% below the 2007 figures.

Low cost housing with good profitability

A look at the volume of investment that accumulates the Spanish real estate gives a slight idea that things do not go bad. Until September, before the illegal consultation took place in Catalonia, residential investment accumulated a volume of 1,188 million, compared to 802 million last year, according to the JLL consultancy. In addition to socimis, large investors or patrimonial societies, individuals with some euros in the bank that no longer play are being seduced by the new opportunities offered by the brick. Buying a house to rent it is the most usual operation, but it is not the only one.

Housing is up in Barcelona and Madrid

Real estate passenger or bubble? Although much of the real estate sector - developers, banks, experts ... - denies that in Spain are committing the errors of the past and that we are witnessing the creation of a new real estate boom, the truth is that some indicators have begun to to make jump the first alarms, especially those that make reference to the evolution of the prices of the houses. The increases are not only generalized, but in some markets they are especially striking.

Raise the price of housing in the first half

During the first half of this year 2016, housing prices have prices increased by 7, 5%. The market not yet achieved the levels of operations previous purchases and mortgage amounts to the crisis, but it is accelerating because consumers are encouraged to recovery of the economy and low interest rates.

Building Sale Madrid

Loss of developable. This is the main reason why many investors - both national and international - do not end up embarking on the purchase of office buildings in the center of Madrid. The town planning regulations currently in force in the capital is discouraging, when not scaring, investors to the time of acquiring property that need to be rehabilitated to adapt to the demands of the demand, according to explain to the Confidential several experts, who believe that the urban planning legislation in the capital are causing the inevitable aging and gradual of the city.