Madrid, Barcelona and Malaga saw the highest demand for housing in 2021

Madrid, Barcelona and Malaga saw the highest demand for housing in 2021

Spaniards continue to direct most of their savings to real estate and not only to buy one house, but also to enjoy a second home or buy real estate in order to generate income from renting.

The data provided by the Bank of Spain indicate that in the second half of 2021 in Spain, the growth of real estate prices and rental yields reached 7% year-on-year.

In recent months, the inflation has come into play, which according to preliminary data for November is 5.6% and it will be an important variable for the final extraction of real profits (nominal minus inflation) in any investments, as well as in real estate.

Luis Cabral, CEO of Foro Consultores Inmobiliarios, points to Madrid, Barcelona and Malaga as the nets where there is the highest demand for properties and rising prices.

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