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BARNES Spain in ABC

In the press

19/07/2019

The luxury housing market reinforces its appeal with the brightness of stability

BARNES Spain is still a benchmark company for the national media. On this occasion, it's been ABC newspaper that collected the information published by BARNES on the luxury real estate market to ellaborate a complete report on the market situation. Using data gathered by BARNES Spain, drawn from its extensive real estate experience and its updated vision of the sector, this well-known national newspaper has dissected this dinamyc market.

The report highlights the capital of Spain as one of the most dynamic markets today. Anna Molgó, area director of BARNES in Madrid, said in statements to this media that: 'Madrid is the most popular city. Not in vain, the capital has been registering an increase of prices of 15% interannual in these properties. This year the prices are more stable and we will finish 2019 in the same way, although it also depends on the political situation. '

When assessing the most common types of buyers in the luxury real estate sector, Anna Molgó says that: 'Mexicans, Venezuelans and Colombians are the main buyers. They come from the economic and political context existing in their countries of origin. They want to invest on safe and profitable properties in the Spanish real estate sector as a refuge value. They love the Recoletos neighbourhood, since they can walk everywhere from there, while having restaurants and all the leisure options to enjoy with their friends and acquaintances. They find it comfortable.'

The presence of BARNES in one of the main newspapers in Spain is no coincidence. After all, the main role of BARNES within the real estate sector makes it a great source when it comes to shedding light on the current state of the market.

© ABC Economia - published on Barnes Madrid on 19/07/2019

Read this article in its integrality by clicking on the following link:
https://www.abc.es/economia/in...