"Investors in Europe's most creditworthy countries have emerged stronger from the crisis, with extraordinary levels of liquidity.
Foreign purchases are stretching the Spanish real estate market to the limit, making it maintain tone and muscle. Investors have stepped on the accelerator, shaking it up in the best sense, increasing their share of the total volume of transactions.
Investors in Europe's most solvent countries have emerged stronger from the crisis, with extraordinary levels of liquidity. In an environment of rising inflation, they are betting on housing, either for their own enjoyment or for rental purposes. Until the arrival of Covid-19, foreign transactions accounted for between 12% and 14% of the total. Now, their weight is increasing, with the addition that citizens of nationalities other than the English, French or Russians, the great historical 'clients' of Spanish brick, are joining as very active investors. Now, Ukrainians and Poles are increasing their activity on national soil.
For example, the Dutch have increased their purchases in Spain by almost 160% in the last four years. With the exception of the British, sales and purchases of all other relevant nationalities in Spain are at or near all-time highs. The market could not be more dynamic.
In this regard, Ángel García, from the Business Development Department at DEXTER is a factor that needs to be underlined: "To the extent that there is a large volume of foreign buyers, there are Spanish developers who continue to build and market. They need speed, agility, and there, so that the business does not slip away, we intervene from alternative financing with private capital to close their operations and provide them with the liquidity they need".concludes the company's executive.
