"The return of international tourism to all of Spain, but mainly to coastal areas, has certainly boosted the real estate sector.
The reactivation of global tourism demand has been clearly reflected in the Spanish economy, whose tourism revenues reached 15.4 billion euros in the first four months of 2022, approaching pre-pandemic levels.
The figures are also being reflected in private capital, whose strength in the economic and productive fabric continues to grow. Thus, the appetite for investment is linked to the use of funds, among others, to feed the real estate sector, both in residential and industrial, commercial, logistics and hotels. Experts agree that the investment climate is certainly positive in our country, and that the trend will continue in the final stretch of the year.
From DEXTERits CEO, Yeidy Ramirez, points out that "The return of international tourism to all of Spain, but mainly to coastal areas, has of course boosted the entire real estate sector. This has meant that development and construction operations, and ultimately sales to the end client, are on a clear upward trend. And, given the uncertainty of financing via traditional banks, private capital is serving to boost projects that would otherwise remain at a standstill. All through mortgage-backed loans".he concluded.
