2021 has been a year for recovery after the
COVID-19 hit and significant returns, with eased travel restrictions, more
international buyers, and steady income possibilities. The property market is
attracting local and foreign investors again and as a result, sales have
increased and, in some areas, returned to the pre-pandemic stage, such as Costa
Property prices have returned to an upward
level with newly constructed buildings marking a forefront at innovation and
high-end facilities. But what does the economy and real estate market mean for
investors in 2022 and beyond? Is 2022 is the right time to invest in Spanish
properties? Keep reading to learn more.
REAL ESTATE MARKET SCENARIO IN 2022
The devastating COVID-19 pandemic has pushed
people to think about quality living standards more than ever. In such an
environment and vision, Spain has a lot to offer to the domestic population,
foreigners, and even remote workers, particularly an improved quality of life
what has been a major focus ever since the pandemic.
We witness a quite healthy property market in
Spain in upcoming years because investors are seeking luxurious and safe
properties and also buying second homes outside the city area for pleasant
weather conditions. Those with a high-end budget are opting for more space
either in cities or outside or planning to buy small apartments for peace of
In the post-COVID-19 scenario, the demand for
properties located close to the beach, second homes, private outside space,
closer to sports and children’s facilities, and magnificent views have strongly
PRICES IN 2022
It is being recently predicted that property
prices will witness a 2% rise in 2022, specifically in the most sought-after
place like western Costa del Sol. Perhaps, there is plenty for space for growth
since Spanish properties are performing well with solid demand and new-built
OF SPANISH PROPERTIES IN 2022
As saving are returned to the pre-crisis
stage and the mortgage interest rate is still below zero, everything points to
strong demand for properties in the upcoming year. Land sales continue to grow
with purchase increases in the sector and moderate prices rising for land in 2022.
PROPERTIES IN 2022
New lifestyle trends after the pandemic have
driven constant demand for newly constructed homes. These may include larger
homes and high-end finishes; both are considered sought-after characteristics
among homebuyers. 2022 will see a continued demand since supply within the
newly-built real estate sector is still lagging behind demand.
So, as per our vision and prediction for the
Spanish property market in 2022, the sector will be highly resilient due to
growing demand among buyers, particularly foreign investors. We believe these
active trends will continue to set a benchmark in the demand and supply chain
of Spanish properties.
Everything within an economic context, stable
prices, and demand, it makes perfect sense to invest in Spanish properties in
2022. If you need to discuss your queries, we’d be more than glad to advise you
on the best location and property that suit your requirements.
1 Bedroom Plot in La Nucia
If you wish to receive more information, do not hesitate to contact us.