Everything seems to indicate that prices, purchases, mortgages and new construction buildings having a stable dynamic to grow in years to come.
There is also can be a risk on Spanish Property Market. The political situation in Catalonia region and Baleares Islands is reflecting on all situation with sells and also tourist Market. Difficulties becoming with new renting apartments low which would influence the economic Market position in Catalonia in 2018.
These are some of the milestones that the real estate portal www.pisos.com has valued after taking stock of the year:
Resales and new building prices are expected to carry on going up. Completion of new builds is expected to total 63,400 in 2018, compared to 62,900 in 2017. With new law property construction licence and according to the Ministry of Development, from January to August 2017 the number of licences for residential property reached 53,977, a rise of 26% compared to the same period of the last year.