The housing market is becoming more profitable every day.

The housing market is becoming more profitable every day.

In 2017, total sales of Spanish homes are expected to grow by 10%, according to projections in the latest BBVA Research report, which estimates that half a million homes could be sold. In fact, according to the INE in the first five months of this year already sold about 200,000 homes

The institution explains that among the reasons that will increase sales are: the increase in job creation, the greater optimism of households on the future evolution of the economy, low interest rates and growing foreign demand. They add that the weakness of the English demand has been compensated with greater interest and dynamism on the part of French, Italian, German and Belgian.

The BBVA Research report also foresees a price increase during the year of close to 3%, as a result of a growth of demand and shortage of new constructions.

Although this scenario can not be compared with the era of the real estate boom and prices are below those of that time, the difficult times have allowed the Spaniards to break with some myths such as "housing never goes down" or "never due Sell below the purchase price. " The way of thinking of the buyers has changed and they have understood that renting is a profitable option and just as valid as the purchase of the property.

In fact, in the second quarter of 2017 the return on investment in housing to rent increased to 7.3%, according to a study conducted by the specialized real estate website Idealista. The figure surpasses last year's profitability by two percentage points (5.5%) as a result of the exponential growth in rental demand in Spain.

Las Palmas de Gran Canaria is the most profitable Spanish capital in terms of the housing sector with 8%, followed by Lleida, Huelva and Alicante. On the contrary, the lowest profitability is obtained by the owners of houses and flats in San Sebastián, Ourense and A Coruña.

In general, it is important to know that the price of housing in Europe continues to increase from the minimum reached between 2012 and 2013. Since leaving the negative in the second half of 2014, house values have grown moderately to reach a mean 4% in the EU as a whole and 3.8% in the euro area since the end of 2015.

Commercial premises, offices and garages

Research on this portal also revealed that commercial premises still remain the most convenient investment since acquiring a local and renting it offers a gross profitability of 8.2%, especially in areas such as Cordoba and Zaragoza. Palencia, on the other hand, offers the less attractive premises for the investor, followed by Castellón and Jaén.

The offices with a yield of 7.5% are followed in the market. Especially in Malaga the offices present the highest return, as well as Zaragoza, Cordoba and Palma de Mallorca. In Madrid the profitability amounts to 6.3%, while in Barcelona it reaches 6%.

Housing, premises and offices recorded a significant growth compared to 2016, however the profitability of garages remained the same during this year. However, the best investments are obtained in Las Palmas de Gran Canaria (8.4%), followed by Murcia, Girona and Santa Cruz de Tenerife.

The capital with the cheapest garages according to the study is Salamanca, with 2.3%, followed by Barcelona (2.6%) and Coruña. Madrid registered 3% and Vitoria and Granada 3.1% respectively.

For the preparation of the study, Idealista divided the average selling price offered between the rental price that the owners request in the different markets, with the reference of the quarterly commercial indexes of these products.
The result obtained is the gross percentage of profitability that provides an owner to rent their home. The website explains that this data facilitates the owner to analyze the current state of the market and serve as a starting point when buying real estate assets.
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The institution explains that among the reasons that will increase sales are: the increase in job creation, the greater optimism of households on the future evolution of the economy, low interest rates and growing foreign demand. They add that the weakness of the English demand has been compensated with greater interest and dynamism on the part of French, Italian, German and Belgian.

The BBVA Research report also foresees a price increase during the year of close to 3%, as a result of a growth of demand and shortage of new constructions.

Although this scenario can not be compared with the era of the real estate boom and prices are below those of that time, the difficult times have allowed the Spaniards to break with some myths such as "housing never goes down" or "never due Sell below the purchase price. " The way of thinking of the buyers has changed and they have understood that renting is a profitable option and just as valid as the purchase of the property.

In fact, in the second quarter of 2017 the return on investment in housing to rent increased to 7.3%, according to a study conducted by the specialized real estate website Idealista. The figure surpasses last year's profitability by two percentage points (5.5%) as a result of the exponential growth in rental demand in Spain.

Las Palmas de Gran Canaria is the most profitable Spanish capital in terms of the housing sector with 8%, followed by Lleida, Huelva and Alicante. On the contrary, the lowest profitability is obtained by the owners of houses and flats in San Sebastián, Ourense and A Coruña.

In general, it is important to know that the price of housing in Europe continues to increase from the minimum reached between 2012 and 2013. Since leaving the negative in the second half of 2014, house values have grown moderately to reach a mean 4% in the EU as a whole and 3.8% in the euro area since the end of 2015.

Commercial premises, offices and garages

Research on this portal also revealed that commercial premises still remain the most convenient investment since acquiring a local and renting it offers a gross profitability of 8.2%, especially in areas such as Cordoba and Zaragoza. Palencia, on the other hand, offers the less attractive premises for the investor, followed by Castellón and Jaén.

The offices with a yield of 7.5% are followed in the market. Especially in Malaga the offices present the highest return, as well as Zaragoza, Cordoba and Palma de Mallorca. In Madrid the profitability amounts to 6.3%, while in Barcelona it reaches 6%.

Housing, premises and offices recorded a significant growth compared to 2016, however the profitability of garages remained the same during this year. However, the best investments are obtained in Las Palmas de Gran Canaria (8.4%), followed by Murcia, Girona and Santa Cruz de Tenerife.

The capital with the cheapest garages according to the study is Salamanca, with 2.3%, followed by Barcelona (2.6%) and Coruña. Madrid registered 3% and Vitoria and Granada 3.1% respectively.

For the preparation of the study, Idealista divided the average selling price offered between the rental price that the owners request in the different markets, with the reference of the quarterly commercial indexes of these products.
The result obtained is the gross percentage of profitability that provides an owner to rent their home. The website explains that this data facilitates the owner to analyze the current state of the market and serve as a starting point when buying real estate assets.
Traductor de Google per a empreses:Translator ToolkitTraductor de llocs web