There is a real estate boom in Spain

Spain is now as popular as never before – admit realtors who have not seen such interest in real estate in the Iberian Peninsula. Many Poles, who are afraid of war, plan to find a safe asylum there. Agnieszka Kapuza, co-owner of Home Pandora, emphasized that the most popular are apartments in closed complexes in the vicinity of the sea. In turn, luxury villas with private swimming pools are in the lead among premium investments.

The observations of the Rellox company show that after the Russian invasion of Ukraine, the interest in foreign real estate among Poles increased by 81 percent within a month, especially in countries that seem safe due to their location or declared neutrality. Locations in Switzerland enjoyed 210 percent more popularity, in Italy – by 168 percent. In the case of Spain, interest increased by 45 percent. According to Rellox experts, it is this country that can record the most transactions from customers from Central and Eastern Europe.

"When looking for real estate near the sea, from the secondary market, we are talking about price ranges €100,000-120,000 and upwards. Speaking of the same property from the primary market, we are entering price ranges from €250,000 up. As for detached houses, terraced houses in the same location, we already have to take into account a budget of about €180,000 in the secondary market and €280,000-300,000 in the primary market," the expert emphasized.

(Newseria)