[:en]The post-covid real estate sector revival presents a new favorable scenario for the real estate investments. Confinement and teleworking have created new needs for today's buyers. Those who value aspects of the home that they previously thought were unnecessary for the well-being of the home.
The most sought-after properties post Covid-19
Due to the concern about a new relapse, various portals have registered a notable increase in visits to brighter, energy-efficient homes with access to gardens or terraces. Fotocasa, for example, highlights an increase of 46% on searches for rural housing. When it was most common to receive this type of queries about chalets or semi-detached houses near large cities.
The growing interest in real estate investments is also reflected in data from the Consumer Confidence Index (CIS). It states that Nearly 91% of Spaniards want to buy a new home after the pandemic. Especially young people between 25-35 years old, who could benefit from greater access to mortgage loans according to The Economist reports on its portal.
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Prices are falling and real estate investments are increasing
Another factor that will reactivate the sector is the drop in the price per square metre of second-hand housing. The appraiser Euroval and its Institute for Real Estate Analysis (INSTAI) state that Housing prices will fall from 31% to 5.5% by 2020. “The average price per square metre nationwide will fall to 1,606 euros in the fourth quarter of 2020, to 1,563 euros in the fourth quarter of 2021 and to 1,570 euros in the fourth quarter of 2022,” they explain to the idealista portal.
In addition, we must take into account the urgency of individuals to sell affected by the Coronavirus crisis and the loss of foreign buyer in the coastal residential market. That is why more than half of the professionals in the real estate sector are optimistic about a moderate growth in sales operations, according to the 1st Real Estate Barometer carried out by Unión de Créditos Inmobiliarios (UCI) and SIRA.
Tips for buying a home during the de-escalation
Thanks to new digital tools, interest in real estate investments has remained stable during the state of alarm. Although everything points to the fact that The market will reactivate in the coming monthsWe should not rush into buying a home without taking into account the following points:
- Compare the offer in online searches: Real estate agencies have worked during the state of emergency to improve the presentation of properties. Now you have videos, 360º virtual tours and telematic advice, among others.
- Analyze the potential of the area: Location is now more important than ever. Access to services such as supermarkets, schools, transport and health centres will therefore become an essential requirement.
- Examine the level of energy efficiency: the most in-demand homes post-coronavirus are those that offer the greatest savings and comfort. Don't forget to check the natural light input and the year of construction.
- Finding the right time for negotiation: You can now carry out most mortgage procedures remotely and with a digital signature. Take your time, check that all payments are up to date and carefully study the profile of the potential buyer.
If you need real estate investment advice You can contact the Serra Grup Immobiliari agents without obligation by calling the offices at each office, or by sending us an email to info@serra.immo or by filling out the contact form at our website.
[:creek reactivation of the postcovid real estate sector presents a new scenario favorable to them real estate investments. Confinement and teletreball have created new needs pels current buyers. Those who value aspects of the habitat that they previously believed were dispensable for the well-being of the community.
The properties most in demand post Covid-19
Because of the concern about a new relapse, various portals have recorded a notable increase in visits to brighter, energy-efficient habitats and with access to gardens or terraces. Fotocasa, for example, highlights a increase of a 46% on the fences of rustic habitats. What is most common is this type of query about houses or semi-detached houses in large cities.
The growing interest in real estate investments is also reflected in data from the Consumer Confidence Index (CIS). On s'affirms that prop of the 9% of the Spanish vol acquire a new habitatge after the pandemic. Above all, young people between 25 and 35 years old, who could benefit from a better access to mortgage credits seconds L'Economista reports to your portal.
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Lower prices and increase real estate investments
One of the factors that will reactivate the sector is the lowering of the price of the quadrat meter in the Segona mà habitat. The tax company Euroval and its Institute of Immobiliari Analysis (INSTAI) affirm that the housing price will increase from 3% to 5.5% by the end of 2020. "The price for quadrat meters in the national sphere will drop to 1,606 euros in the fourth quarter of 2020, to 1,563 euros in the fourth quarter of 2021 and to 1,570 euros in the fourth quarter of 2022," explained the idealista portal. .
Furthermore, we have to keep in mind the urgency to sell to individuals affected by the Coronavirus crisis and loss of foreign buyer in the coastal residential market. It is clear that most of the professionals in the real estate sector are optimistic about moderate growth in buying and selling operations; according to the I Baròmetre Immobiliari carried out by the Unió de Crèdits Immobiliaris (UCI) and SIRA.
Advice for buying a habitat during de-escalation
Thanks to the new digital technologies, the interest in real estate investments has remained stable during the alarm period. Yes baby all points out that the market will be reactivated in the mid-summer months, we do not have to rush into buying a habitat without taking into account the following points:
- Compare the offer in fences online: The properties have been working during the alarm status to improve the presentation of the properties. It offers videos, 360º virtual tours and telematic assessment, among others.
- Analyze zone potential: the location is more important than mine. So access to services such as supermarkets, schools, transport centers or health centers will become an essential requirement.
- Examine the level of energy efficiency: The habitats most in demand post-coronavirus are the ones that provide the best stay and comfort. Do not forget to check the natural light input and any building.
- Find the right moment to negotiate: now you can carry out most of the mortgage procedures remotely and with a digital signature. Present the deadline, check that all payments are up to date and study the profile of the potential buyer.
If you need real estate investment assessment, you can contact the agents of Serra Grup Immobiliari through the telephone numbers of each office, send us an email here.nfo@serra.immo or fill out the contact form of the our website.[:]
