Land plots have become an extremely sought-after asset in recent months. Especially plots in suburbs, provinces and rural areas. This is confirmed by the sales figures of such assets. So, from January to April 2022, 2,082 land sales transactions were concluded in Ciudad Real. This places the region in fourth place in the national ranking. Ciudad is second only to Burgos (2,624 transactions), the neighboring province of Toledo (2,106 transactions) and Alicante (2,105 transactions).
Real estate in the province has become a property of actively growing demand in the last 12 months. It is not so much about the real estate, but about the land as a whole. It does not matter whether it is adapted for processing or not. People are interested in houses, villas, farms, the availability of buildings and infrastructure for agricultural activities. During this period, the number of transactions in Ciudad Real for such properties increased to 5,794 residential units. In this ranking, the region ranks fifth, and the province of Murcia falls into the top.
Regino Coca, founder and CEO of Cocampo, a portal for the sale and rental of provincial real estate, points out: «Provincial and rural real estate is becoming an important haven for investors and people who are looking for opportunities to save and secure their savings. We see that sales are at an all-time high, and if you look at the data for the first four months of 2022, this year may be the best in the last decade».
Emilio Sanchez Sunier, president of the Association of Real Estate Agents of Spain, confirmed to La Tribune that this trend is really present and growing. However, Sunye does not have statistical data. He adds: «Regarding provincial real estate, I believe that there are enough people who are willing to invest, consider it as a safe asset. There are also enough people who want to live in the countryside: calm, secluded. The latter is due to preferences formed during the pandemic».
The latter expects the growth of buyers both from the audience of investors who want to diversify their portfolios of assets, and from ordinary consumers. Interest should also grow from small and medium-sized businesses.
In general, after the pandemic, the preferences of many consumers have changed from the desire to move to large cities to the desire to escape from them as far as possible, but not so far as to lose access to the amenities of urban life. The privilege in the eyes of people has become the opportunity to live alone, closer to nature, under free winds and open spaces. The growth of opportunities to work remotely only helps people in their attempts to escape from cities.
All this creates hopes for an end to the trend of the «devastation of Spain» — the process of active migration of people from the regions to large cities, which Spain has been struggling with for years.