Intermoney | Investment in real estate assets in Spain amounted to around €2.5 billion. This is an increase of 52% compared to the figure for the first quarter of this year, according to provisional data estimated by the consultancy firm CBRE. For the half year as a whole, the total is €4.167bn, a drop of 19% from last year, when one of the best Q1s in history was recorded, just…

When it comes to improving the rental market, the parties in the government coalition, PSOE-Unidas Podemos, have very different conceptions. Both agree to include mechanisms to help control rental prices on an ad hoc basis and in the most stressed areas, but Pablo Iglesias’ party is demanding the establishment of limits on rental market prices, while the socialist part of the government has confirmed that they prefers to fiscally stimulate those owners who rent below the prices set by reference indexes.

The housing stock in Spain would be estimated at 4.1 billion euros in the hypothetical case that all the homes were now on the market, which is a figure over three times higher than national GDP (1.2 billion). This is according to a study by the real estate website Idealista, in which all the houses recorded in the property register are valued at current prices.

Intermoney | Real estate investment in Spain should increase by up to 25% this year compared to 2020, says a report by CBRE. So investment would be some €12 Bn in 2021, not including corporate operations like the purchase of Quabit by Neinor. However, CBRE expects uncertainty will remain during the first part of the year at the expense of progress in the pandemic vaccination process. Areas such as rental housing, logistics, and other assets such as student and nursing homes are expected to remain on the rise.

Continuing the negative trend already observed in 2020, when this type of asset depreciated by 3.7%, housing prices could fall 5% in 2021. On the other hand, a certain recovery in the volume of sales and purchases is expected this year, with up to 480,000 transactions compared to 450,000 last year; in 2019, almost 570,000 property sales and purchases were recorded.