Sales of exclusive promotions in Spain grew by 27% in the first half of 2018 and follows the same trend today, this February has broken a record in Spain: has been put on sale the most expensive property in the country: a Madrid penthouse overlooking the Parque del Retiro has been put on sale for 14.6 million euros as starting price.
The recovery of the real estate sector has allowed Spain to once again become a fashionable destination in which to invest in luxury homes, especially: Colombians, Venezuelans, Mexicans, Russians and Chinese dominate the demand for real estate promotions.

Even so, the great expectations of success in the return on their investment in the medium and long term and the socio-economic conditions of the country have allowed other investors such as Americans, French and Scandinavians to join the race.
The supply of luxury flats in Spain is specified in three major areas of the country: Madrid, Barcelona and the Levante. Spain leads the ranking of countries with the most luxury properties. For its part, in terms of profitability, Madrid is already the second city in the world, only behind Singapore, where residential prime housing is most revalued (10.3% in the first six months of the year).
The client who decides to invest in luxury real estate developments in Spain seeks profitability. It is estimated, in fact, that investment in luxury residential housing oscillates 15% – with peaks of up to 18% – in specific areas such as the Salamanca district of Madrid.

The alliance of local developers with international investors has allowed individuals and investment funds to look favourably on the Spanish market for investment: macroeconomic conditions (European market, large builders) and legal certainty (OECD membership).
The international situation has been incorporated into high profitability as a major growth factor for the sector. The brexit in Great Britain has been joined by the growth expectations of the United States. Without going any further, only 30% of the luxury homes that are acquired have the objective of being first homes.

Investors focus on villas in coastal areas (Ibiza, Marbella and Alicante) and on exclusive homes in the centres of large cities (Castellana and Salamanca in Madrid; Paseo de Gracia and Pedralbes in Barcelona).
On the other hand, on average, the international client is looking for a flat between 150 and 350 metres or a villa between 400 and 1,000 metres.

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