What will buying a home in Spain in 2022 look like?
September saw the biggest monthly property boom in Spain since the economic crisis of 2008, and the latest official stats show that the upward trend continued in October for the eighth consecutive month.
This increase in demand and the comparatively small pool of pandemic-proof residential properties available in Spain has seen prices grow by 9.5 percent over the course of 2021.
Most Spanish real estate experts agree that these factors, coupled with other factors, will mean this scenario will be largely replicated in 2022.
“According to all the indicators, the gross disposable income of Spanish households is growing, and it seems that this upward path will continue in 2022, as well as the low cost of financing and an attractive profitability of rental housing,” head of Alfa Inmobiliaria Jesús Duque told Spanish property search giants Idealista.
With the strength of the property market looking strong for 2022 the consensus is that if you are looking to buy then don’t wait as property process aren’t looking to come down any time soon.
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Blog : What will buying a home in Spain in 2022 look like?
