"Experts predict that the country's coastal areas still have a long way to go and that rental yields are attractive for investors".
By areas, the Costa del Sol, the Costa Brava, the Costa Cálida, the Balearic Islands and the Canary Islands stand out as those that have managed to attract the greatest volume of investors in 2022. These are the results of a coastal real estate market that can be defined and summarised in one concept: "dynamism".
On the one hand, the coronavirus crisis is behind us. On the other, there is resilient behaviour in a context of inflation and war in Europe. The fact is that Spanish real estate ends the summer with positive figures, high investor interest and notable activity in terms of operations.
Experts predict that the country's coastal areas still have a long way to go and that rental yields are attractive for investors, reaching a gross annual return of 8%, which in turn has led to an upward trend in demand. In addition to the national investor, who has continued to play a leading role, German, British, French, Belgian and Italian investors lead the list of investors with the greatest weight in the total, while American and Chinese investors have moderated their interest in Spain after years of high activity.
From the Risk Department of DEXTERIn this regard, its chief analyst, Rubén Miñarro, points out that "liquidity is being perceived in the investor segment that cannot find an outlet in other products and ends up in bricks, as a safe haven. And, from alternative financing models, we are giving a very strong boost to projects all along the Mediterranean coast, especially in residential".. To this he adds that "The wind is blowing from the other side and private capital is serving, operation after operation, to speed up the growth of companies, which see that their product, in the case of developers and builders, is having a very fast exit, an enormous liquidity".he concluded.
