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March 17, 2014

Increased investment in Spain for 2013

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Increased investment in Spain for 2013

Spain's economy, which showed positive results in 2013, especially in the last quarter of the year, is beginning to recover and this is reflected in the overall economic progress of the situation in the country. In particular, the Spanish property market, so important for the country's economy, shows signs of stabilization, which directly is taken into account for the foreign investors and financial funds. Thus increasing confidence in the Spanish economy and the profitability of the investments made in different sectors of the economy increases also the amount of the total investments.

Foreign investments in property in Spain increased by 50% in 2013, which is a very positive and encouraging indicator. Experts predict that the European property market will grow this year by 12% -13% . The key figures in the European real estate market are the largest investment funds and investors from countries not members of the European Union.

According to an official survey by Cushman & Wakefield and titled “Map of international investment in 2014 ” (“International Investment Altas 2014 ” ) , in 2013 the total investment in the property market in Spain amounted to 2,700 million euros, 50% more than in 2012 year. Thus, Spain fell to 17th place in the world list of the most attractive for investment real estate markets. The Spanish property market offers foreign investors excellent prospects for a short time and the average investment. This conclusion was made by experts of Cushman & Wakefield in its report.

Over the past year registered growth and increased interest of foreign investors in the Spanish real estate market, as experts note of Cushman & Wakefield, which is primarily made possible thanks to the recovery of the Spanish economy. So in the first two months of 2014, the foreign investment in commercial properties in Spain amounted to 550 million euros, which is 175 % more than in the same period last year, when the total of the first quarter was of 200 million euros.

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