MADRID, 7 Dic. (EUROPA PRESS) -
Investment in residential real estate in Spain has grown by 10% in 2022, as they are presented as an opportunity for stable profitability, according to a report by the real estate investment technology platform Inviertis.
Investment activity in buildings, houses and flats has been concentrated in the provinces of Barcelona, Madrid, Malaga, Valencia, Seville, Murcia, Gerona and the Balearic Islands.
Inviertis specifies that real estate investment was concentrated, above all, in the first half of the year, since the rise in interest rates by the European Central Bank (ECB) accelerated decision-making to purchase homes.
Residential is the real estate segment that has attracted the greatest interest throughout 2022, both in investment volume and in number of operations, with an average annual return of more than 4.5%.
The founder and executive director of Inviertis, Rebeca Pérez, points out that "despite the drastic increase in the cost of life and financing (...) there is still liquidity, so the market will endure."
However, he acknowledges that "the rise in mortgage prices has already caused a drop in demand that is affecting prices, although not investor appetite."
For his part, the executive director of Tecnotramit and advisor to Inviertis, Vicenç Hernández Reche, agrees that "despite the macroeconomic scenario, the real estate market has continued to show great resilience"