The commitment to real estate in Spain is being made possible, at the beginning of 2023, thanks in large part to alternative financing with private capital.
Real estate investment ranks first among Spaniards' favourite investments, ahead of tax-advantaged personal savings accounts, stock market shares and investment in cryptocurrencies, according to a study conducted in 8 European countries.
The Spanish, together with the Portuguese and Germans, are the Europeans who are most committed to investing in housing in the first place compared to the Italians, English and Dutch, who prefer to invest in savings accounts, according to the demoscopic data collected by the rental company Masteos in its '1st European Real Estate Observatory'.
The commitment to real estate in Spain is being made possible, at the high levels maintained in this first half of 2023, thanks largely to alternative financing with private capital, through investment funds that place their money in the projects of entrepreneurs, mainly developers and builders, in exchange for interest.
DEXTERas a leading private equity manager and financial intermediary, continues to expand its number of partners precisely on the basis of the tremendous positive pressure on the market to apply for financing in all sectors within real estate.
In this regard, the company's Commercial Director, Guillermo Díaz, points out that "We are noticing an increase in the number of requests, of applications for financing, for two reasons: the first is because traditional banks are neglecting clients, even those with a very good profile; the second is because there are already entrepreneurs who are turning to extra-bank financing as their first option, due to its numerous advantages. This is an undeniable reality".concludes Díaz.
From left to right: Ángel Manuel Gómez, president of BE REAL, Alfonso Merlos, COO of DEXTER, Samuel Gómez, president of ADAPTA SOCIOS and Carlos Baños, President of ADAPTA SOCIOS
