Why Zaragoza is one of the best cities to invest in residential real estate?

Why Zaragoza is one of the best cities to invest in residential real estate?

By many indicators, Zaragoza is today almost an ideal place for investment in residential real estate. The city is developing dynamically, you are the location of the headquarters of large international companies and their branches, it is infrastructurally developed, has an excellent geographical location and affordable housing prices.

David Torres, head of Häuse Zaragoza, adds that Zaragoza is the fifth city in Spain by population, has not only affordable, but also stable prices and rental rates. The city is much more resistant to market volatility than the popular tourist regions and cities of the country. An example of the latter is Barcelona.

David Torres has a great knowledge of the Spanish real estate market. His main activity is a «professional assistant» (PSI) for the purchase of housing — a constant search for the most relevant and profitable offers on the market together with a ready and wealthy buyer. First of all, Torres is looking for objects with high investment value.

Torres' tasks include:

  • Conducting an individual study of the buyer's needs;
  • Search for real estate according to his preferences;
  • Checking for possible debts or «overdrafts» related to the facility;
  • Determining the cost of the best objects that the buyer needs;
  • Personal visit of properties on behalf of the buyer;
  • Organization of visits with him to properties that have passed the filter;
  • Negotiating the price and checking all documentation.

He explains that unlike traditional real estate agencies that work on the sale of objects in their portfolio and usually protect the interests of the seller, professionals like Torres work exclusively for the buyer, providing access to all real estate objects available on the market and without a conflict of interest.

Despite the current economic situation, the head of Häuse Zaragoza notes that now is a good time to invest, because housing prices in Zaragoza, despite a slight increase in recent months, are still very affordable compared to other major cities in Spain.

In addition, PSI services provide significant savings for the buyer or investor. Such a specialist is primarily a professional negotiator. He knows how to make a deal, how to avoid mistakes, how to work with documents and conclude a contract, and how, of course, to bargain for the price.

One of the main aspects in the choice of real estate, which most often worries buyers, as it poses the greatest danger, is a healthy assessment of the condition of the property. This includes how old it is, what is its condition, whether there are structural damages, repairs are required, if so, how large-scale it should be, as well as many other, much less obvious questions. Companies like Häuse are also often engaged in the renovation of real estate, especially in terms of increasing its investment value.

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