The cranes once again populate Spain in 2016 after years of paralysis

Published on December 23rd 2016

In the absence of a few weeks to finish the year, real estate investment can set a new record in 2016

After nine years of absence, since the financial crisis began to deflate the housing bubble in 2007, the cranes have returned to form part of the Spanish landscape in 2016, making visible the recovery that the real estate sector has been experiencing since 2014.

In the absence of a few weeks to the end of the year, real estate investment can set a new record in 2016, with almost 14,000 million euros.

The growth of the economy, the improvement of employment, low interest rates, the return of financing and the continued inflow of foreign capital have allowed the real estate sector to consolidate this year its recovery despite the political uncertainty that reigned in Spain for months.

After nearly a decade of paralysis, promotoras who have survived the crisis and others newly created have taken the cranes to the streets, especially in cities with more economic activity and tourism where stock is already practically nonexistent and demand for new Housing, a reality.

The recovery of the sector is undeniable. According to the notaries, the purchase of housing grew by 10.3% in September, a figure that rises to 13.2% according to the INE, which has already seen an eight month rise and a 10% growth in the mortgage firm for The purchase of housing.

Source: the economist

We use our own and third-party cookies to make our website work safely and personalize its content. Likewise, we use cookies to measure and obtain data on your navigation and to adjust advertising to your tastes and preferences. Press the "Accept all" button to confirm that you have read and accepted the information presented. To manage or disable these cookies, click on "Configuration". For more information see our cookies policy.
Modify cookies
Technical and functional Always active
This website uses its own Cookies to collect information in order to improve our services. If you continue browsing, you accept their installation. The user has the possibility of configuring his browser, being able, if he so wishes, to prevent them from being installed on his hard drive, although he must bear in mind that such action may cause difficulties in navigating the website.
Analytics and personalization
They allow the monitoring and analysis of the behavior of the users of this website. The information collected through this type of cookies is used to measure the activity of the web for the elaboration of user navigation profiles in order to introduce improvements based on the analysis of the usage data made by the users of the service. They allow us to save the user's preference information to improve the quality of our services and to offer a better experience through recommended products.
Marketing and advertising
These cookies are used to store information about the preferences and personal choices of the user through the continuous observation of their browsing habits. Thanks to them, we can know the browsing habits on the website and display advertising related to the user's browsing profile.