Forecast for the real estate market in 2017
The BBVA Research project, which conducted a Spanish real estate market analysis by quarters in 2016, predicted a strengthening of the housing demand that will have a favorable effect on the real estate market in 2017. We note that the real estate sector in Spain reflects an increase of 10% in
Key information on the real estate market in Madrid
The growing demand for rentals and the shortage of attractive alternatives for investment leads many individuals and investors to purchase an apartment to rent. The yields of this product range between 3% in prime areas and as much as 9% in outlying areas around Madrid.