"Spain has strengthened its position as a destination for real estate investment and as a privileged country to materialise developments".
22 was undoubtedly an unstable year in the economic sector. The year began with hope, due to the recovery that the business fabric was already beginning to feel after the health crisis, but the clouds of recession once again loomed over the world economy. Inflationary rates began an upward trend, the war in Ukraine alerted the international community and the supply crisis, mainly in electricity and oil, put the world economy in check.
In spite of everything, the real estate sector has fared well, and Spain has certainly strengthened its position as a destination for real estate investment and as a privileged country in which to develop both primary and secondary residences, a distinction that is becoming increasingly difficult to establish.
The construction sector is also changing, and today more and more entrepreneurs are using tools and software to optimise a multitude of processes and activities. Similarly, 2023 will see the consolidation of residential developments and the construction of new hotels give way to terms such as 'coliving' and 'cohousing'.
House prices today continue to grow, albeit slowly, and this should be read in terms of the 'good health of a resilient market'. Thus, from the Real Estate and Development Department of DEXTERÁngel García points out that, "Precisely because 2023 looks set to be a year of transition, there are developers who do not want to see opportunities pass in front of them. They need speed and agility. And that's where alternative financing comes in. Good developments, good margins and capital provided immediately. It's a formula that will be on the rise this year".concludes the company's executive.
