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The consolidation of Build to Rent and the Data Centre market will mark the growth of the real estate sector in 2022

The advisory firm expects house prices to enter a growth slowdown phase after a 3.7% year-on-year rise of in 2021.

Spain House Prices Rise 3.7%, Reaching Pre-Pandemic Levels

With this increase, the average house price stands at € 1,449 / m² –after registering YoY rises in the four quarters of the year– and points towards stabilisation in 2022

Has foreign residential investment in Spain been affected in 2020?

Indeed there has been a strong impact on the purchase of foreign residential assets in Spain due to 3 reasons.

Spain housing price fall moderated in the first quarter of the year, with a 0.6% drop

The year-on-year decrease places the average sale price in Spain at € 1,388 per sq. m, getting close to the price stabilisation expected for mid-2021.

Build to Rent to Boost Housing Investment in Spain, with over 15% Growth in 2021

Investment in office space has declined by 50% in 2020, while demand in the logistics sector has increased, especially in Madrid and Barcelona.

Gesvalt tops the valuation rankings

The real estate assessment sector continues to grow in Spain. Gesvalt, an independent company specialising in consulting and valuing assets, are climbing up the rankings in terms of billing and number of operations.