Developments in the property market in Barcelona
Covid significantly slowed down the property market in Spain and specifically the segment of international buyers. However the recovery has been strong too and 2021 has been the year with the highest number of property sale-purchase transactions in Spain of the past 14 years. Transactions were nearly 20% up compared to 2019. Towards the end of 2021, foreign demand grew even faster than the group of Spanish buyers. This strong market growth is in line with the expectations and predictions of Inspire Property Experts from a few months ago.
In August 2021, Raf Jacobs expected a new real estate boom in Spain and he was expecting property prices to go up in the near future. And if no major Covid outbreaks hit again, the market will continue on this growth trajectory this year too.
About INSPIRE PROPERTY EXPERTS
INSPIRE Property Experts’ mission is to help with a risk-free and worry-free purchase. INSPIRE Property Experts is a leading company in helping international buyers in Spain. Their team of qualified licensed property finders, lawyers, architects, deal makers, mortgage specialists, renovation experts and even administrative things like NIE, Golden Visa, bank accounts, and much more, is here to make your life easier.
As a long-term resident of Barcelona, founder and CEO Raf Jacobs is aware of all the pitfalls in the Spanish real estate market. His advice is frequently captured by the media, and he is known for his Real Estate Series on YouTube, where he shares valuable tips & insights for buyers. He is also a professor at the University of Barcelona for the executive real estate Master Programme and the Barcelona city council refers to him as the go-to-expert for property matters for the international community.
Buying or selling property in Spain without any stress about handling everything on your own? Inspire provides that for you. You can start dreaming of enjoying the Spanish sun to the fullest at your new place!
Have specific buying plans? Tell INSPIRE Property Experts, email@example.com, more about them and they will contact you to discuss your buying plans and give you their opinion and recommendations, for free.