"The appetite for investment in Spain is undeniable, and this goes hand in hand with expectations of growth in the tourism sector above that of other countries around us".
In recent months it has been a constant and unanimous voice among experts: "We are witnessing a transformation in the sources of real estate financing".. Traditionally, the provision of capital had been entrusted to the banking sector, with more restrictive criteria, but today the way is open and increasingly wide for the contribution coming from alternative financing.
High inflation, rising material prices, supply problems and rising energy prices, in addition to rising interest rates, are conditioning the real estate sector, which, even so, in Spain is working as a real engine for boosting the economy.
José Enrique Chasserot, director of the Risk Department at DEXTERsays that "Faced with a situation of uncertainty that we cannot avoid, we are receiving a constant volume of projects, many of them in the residential sector, which are aimed at success and which do not present an excessively high risk, but which, when they start up, come up against the obstacles and limitations imposed by traditional banks"..
To that, the company's executive adds that "The appetite for investment in Spain is undeniable, and this goes hand in hand with expectations of growth in the tourism sector above that of other countries around us. It is a scenario that is facilitating the entry of profitable investment funds that are betting on our companies and with great confidence in real estate".he concludes.
From DEXTERIn the strategies of investors, it is becoming clear, with a constant volume of transactions, that the colloquially called brick is being conceived as a clear safe-haven asset.