The average price of luxury property in Spain is now soaring. It has been reported that the medium rate for a top-class apartment or villa has now reached an impressive 6500€ per square metre. Although it is true that this significant increase does not blanket the whole of the country with key areas taking the lead, such as Madrid and Barcelona plus the Costa del Sol where tourism figures continue to gather strength. 2017 really is the year that marks a huge step between Marbella‘s “recovery” and “growth”. Kyero reports that total house sales were up by 25% in Q1 alone.
In fact, Spain now sits surprisingly high on Europe’s “rich list” thanks to good GDP figures.
“The real estate sector is experiencing its best moment since the economic crisis,” Emmanuel Virgoulay of Barnes International said yesterday. “The previous three years have served to leave behind the effects of the recession and now the market is enjoying greater security, with investors in luxury housing who again trust Spain as a country with highly profitable assets.”
With a commitment to excellence, Real Capital Solutions adds value to the Spanish real estate market by bringing a superior level of expertise and artistry to each development. The American investment fund provides opportunity to invest with confidence across the Costa del Sol.
For more information on the properties currently available from Real Capital Solutions Spain, please visit RCSspain.com