Will the property market in Spain rise? In overall terms, the sector is still experiencing a new booming after the one that preceded the crisis. Even though second-hand properties will also experience an increase in prices, it will be these new constructions the ones more affected. The Spanish Real Estate Market in 2021 . Find properties for sale in Malaga by using the filters on the left side to refine your search. Amazing estate with spectacular panoramic sea views on the hills of Camp de Mar, less than 30 km from Palma and international airport. As we said, Valencia is not only a good place to invest but also to live in. In 2016, Mark Spain announced independence from his prior brokerage and formed Mark Spain Real Estate. Find properties for sale in Spain by using the filters on the left side to refine your search. As a result, money has been saved and homebuyers have more resources. view report . METRE in the third quarter of 2020 from 1610.10 EUR/SQ. As a final note, be aware that the real estate market in Spain is very opaque, as opposed to other markets such as the US, where full data is easily accessible about pricing and previous sales of your neighbors etc. It is especially advisable to reach one that speaks Spanish and English, as you really want to understand what is written on the contract. And the new government will need to do something about it. view report . By choosing I Accept, you consent to our use of cookies and other tracking technologies. Barcelona and Madrid are the most touristic cities in the country. Demand in the Spanish housing market will improve in 2021, and there is data that backs this up. Investors with substantial cash amounts, who are already suffering losses in other financial investments, will quickly move to the property market as the safest place to keep money during times of economic uncertainty. In combination with the low interest rate, many loans for the purchase of a home will be granted in 2021. Contact us to buy a property in Malaga! In 2008, the real estate market started to drop fast, and house prices decreased dramatically by 8% in that year. Housing Index in Spain averaged 1193.58 EUR/SQ. Then, obtaining a decent return on invesment is complicated. METRE in the first quarter of 1987. The global real estate market is experiencing a, So if you are planning to buy during the next year, make sure to. Marbella, 60 km west of Malaga, is the seaside resort where real estate prices are the highest on the Spanish coast with Barcelona and Ibiza. Restaurants may also re-open for deliveries and take-away. Larger houses with gardens located in outlying areas and apartments with large terraces will increase in value.The housing market moves slowly, it does not change overnight. I want to sign up to the newsletter! The tourist rental accommodation could still be a good source of income for those familiar with holiday rental platforms, such as Airbnb. All the latest news and analysis of the Spanish property market, tips and guides for Spanish property buyers, owner, and sellers, plus insight from industry insiders providing expertise on every subject related to property in Spain. COVID-19 is expected to disrupt Spain's housing market, leading to a decline in housing prices in 2020 before leading to an even bigger decline in 2021. How and where to buy property in Spain in 2020? As I bought a property in Spain myself in 2018, I gathered links to useful resources below. But that shouldn’t be a problem. So if you are planning to buy during the next year, make sure to start doing your research online or through any of the newly created platforms that harness the power of data and algorithms. Expected to end with a decrease of 5 % on average across Spain to be up to date.. 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