Worldway Comprehensive Report: According to recent reports from Spanish media, a report released by BNP PARIBAS Real Estate states that Spain's real estate investment increased by 85% year-on-year in 2014, with a total investment of 6.95 billion euros, making it the second highest investment year in history, only behind 2007. Worldway immigration experts indicate that 2015 is an excellent time for investment in the Spanish real estate sector, thus investors looking to immigrate to Spain through property should accelerate their plans.
【Spanish Real Estate】
From the end of 2014 to the beginning of 2015, several indicators have shown that the Spanish economy and real estate market are entering a recovery phase. The Financial Times reported that Spanish property prices recorded their first increase in six years in the second quarter of 2014, rising by 0.8%. Additionally, the International Monetary Fund mentioned in its January 2015 multinational report that Spanish property prices have reached their lowest point and are beginning to rebound. Notably, Madrid's sales performance in 2014 increased by 17% quarter-on-quarter, with part of the recovery in real estate attributed to improvements in the Spanish economy.
The current property purchase immigration policy in Spain attracts international investors from countries such as China and the United States, which is also a favorable factor for the real estate market. Spanish real estate agents predict that as bank lending policies become increasingly relaxed, property sales will achieve good performance in 2015. Currently, property prices are only 60% of those in 2007, and once the economy grows comprehensively, the appreciation potential will be very considerable.
Worldway's experts on property immigration to Spain explain that the Spanish investment immigration law stipulates that an investment of 500,000 euros allows for the rapid acquisition of Spanish residency. This is a timely opportunity for the currently growing Spanish real estate industry. Therefore, for customers interested in property immigration to Spain, this is an opportune moment.
【Spanish Property Immigration】
