Real estate sales to foreigners grew 40.9% in 2021, showing a strong revival following the pandemic

Gladys T. Black

Worldwide people included in true estate gross sales in Catalonia grew 40.9% in 2021 in contrast to 2020, as facts published on Thursday by the Catalan notarial higher education observatory displays. 

All through the yr, the corporation registered 17,493 product sales, considerably in advance of the 12,407 seen the previous calendar year. The only explanation for the lower quantity in 2020 is the Covid-19 pandemic, the college promises, as profits have been rising yr right after 12 months, except for 2020.

French citizens are the key purchasers, as they depict 47% of the genuine estate gross sales, followed by German nationals, who accounted for 11% of the operations. 

The typical price for just about every square meter was €2,184, a increase of 9.8% about what was viewed in 2020. The raise, however, is substantially decreased compared to the Spanish common sq. meter rate soar of 14.3%. 

February 2022, an increase on 2021

Real estate functions in Catalonia in the course of February 2022 also showed an maximize in contrast to the same period of time previous yr. According to provisional figures unveiled on Thursday by the Spanish Statistics Institute (INE), 7,934 homes were sold throughout the 2nd month of the yr.

This is the most effective outcomes for any February considering the fact that 2007, when 11,466 homes have been marketed soon prior to the financial disaster. Of the revenue manufactured this 12 months, 7,412 ended up empty properties, and 522 had been formal defense houses. The large bulk were 2nd-hand properties (6,539), even though there were also 1,395 new properties and residences. 

In comparison to January, .76% fewer attributes were marketed in Catalonia in February than in the very first month of the year. 

In all of Spain all through February, there were 53,623 (24%) a lot more operations than in the exact same period of time last 12 months. Compared to the very first thirty day period of 2022, the increase was 1.8%. 

Catalonia was among the top rated five territories in Spain with most gross sales, following Andalusia (10,978), Valencia (7,986), and in advance of Madrid (7,610). 

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