This upward trend in the Purchase of American housing In Spain, with an accumulated 255% in just four years, it had already accelerated with the pandemic and the rise of teleworking. Now he has found a new impulse with the change of political climate in the United States and with a especially strong dollar in front of the euro, which increases the purchasing power of American buyers.
In K&N Elite Madridsigning specialized in operations with international clients in the medium-high and high segment of the market, its director, Rafael Santanaconfirms that “we are seeing a very defined investor profile: people who have already lived situations of political tension in their country and now look for something different. Spain represents a opportunity not only for investment, but also life”.
Madrid: stability, profitability and international projection
Madrid has consolidated as one of the great poles of attraction for this type of buyer. For the first time the Spanish capital has surpassed Paris as second more attractive destination of real estate investment in Europe, only behind London, according to PWC data and Urban Land Institute.
The city offers a Unique combination of legal certainty, economic growth, good climate, quality public services, an intense cultural life and a more favorable taxation than other major European capitals. To this is added an important international community and a direct connection with America thanks to daily flights and language.
The Americans “perceive Spain as a safe refuge, both for their investment and for their future,” according to Rafael Santana. Image generated by Ia. Source: Adobe stock.
“In areas such as Salamanca, Almagro or Chamberí we are seeing a clear increase in Operations with North American Clientsboth for residences and for patrimonial investments. Many come in Madrid what they found in Miami or New York in Madrid: a dynamic market but still with a tour”, Says Santana.
In addition to the interest in the housing in property, K&N Elite has detected an increase in lease requests by professionals, entrepreneurs or families that are installed for middle periods and that, after a first positive experience, end acquiring a habitual residence or a second home.
Quality of life in Costa Blanca, Costa del Sol and Community Valencia
Although Madrid is the epicenter of urban investment, coastal areas are also experiencing a Rage of American buyers. Alicante, Malaga or Valencia They have become key destinations for both retirees and remote workers, thanks to their temperate climate, their most leisurely rhythm of life and their growing internationalization.
The Valencian Community, for example, has registered a 40% increase In the arrival of American buyers in the last year, according to idealist, promoted by teleworking, the demand for quality housing at a good price and the existence of first level infrastructure and health services.
Many of their clients, as they detail from the K&N Elite consultants team, “seek tranquility, but not isolation. They want to be well connectedwith access to hospitals, international schools, golf courses, marinas or quality restoration. And in areas such as Jávea, Denia or Marbella They find exactly that. ”
A phenomenon with tour
The forecasts of the sector suggest that this trend continues this year. In fact, Cbre estimates that real estate investment in Spain grows 15% This year, with the residential segment and luxury as main engines.
“Spain is not a passenger fashion for the international investor. It is a solid bet, with a tour, and that is what we try to transmit in each operation,” concludes Rafael Santana
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