There has been intense real estate demand among domestic buyers in Spain starting in 2021 and throughout , despite the uncertainty caused by the pandemic and worsening international relations. 2 Main regions of interest in Spain Here is the summary of the main search regions for Spanish properties, both for sale and for rent in. PS_ES_Regions of interest dec FEATURED STATISTICS: Spaniards paid 1,560 euros/m2 for a home in 5.2% more year-on-year 3 The average price paid by non-resident foreigners for their home in Spain is euros/m2, 2.9% more year-on-year 3 Possible changes to the Spanish property Philippines Phone Number List market in include: limits on rent increases, a new housing law, possible restrictions on foreign buyers and help for young people and low-income families for rent and mortgages. Following the social restrictions induced by the pandemic in the country, there is more demand among the Spanish population for larger homes and, above all, with outdoor spaces. Type of real estate searches Overall,f our potential clients were looking for Spanish homes for sale, while 56.6% were looking for homes for rent. These figures are quite different when compared to 2021 search habits, with 57.8% searching for homes for sale and 42.2% searching for homes for rent last year. the majority of inquiries were about apartments for sale, with 48.9%, and 47% about houses for sale in Spain. The average prices of Spanish houses and apartments are as follows:Thorough inspection – Property buyers in Spain tend to make the mistake of not personally inspecting both the interior and exterior of the home.
=Make it easy to visit the property with them and encourage your clients to take time to see the house, observe their surroundings at different times of the day, and even walk around the neighborhood. Build relationships: Spanish buyers try to avoid professional help, such as hiring professional real estate agents! We've already mentioned that buyers don't like pushy real estate agents, so if you can connect with your clients as a partner who has their best interests in mind, you can avoid the offensive tactic of quick, emotional sales and attract the Spanish buyer. modern. Local Knowledge: Buyers in Spain benefit from a local real estate agent who is intimately familiar with the local market and can help buyers negotiate with the seller to obtain a fair price. Spanish buyers love to haggle! If you can familiarize yourself with the history of the area and share this local knowledge with buyers, you will be viewed very favorably. Buyers will look for a local representative agent who can leverage existing relationships and connections in the home purchase transaction. It's time for a new approach The advancement of technology and changing consumer habits have already caused changes in traditional business practices.