According to the latest “2012 Real Estate Registry
Statistics Report”, released by the Official Real Estate Register Bureau,
Russian buyers rank third position in number of properties acquired in 2012, shifting
place with Germany which moves to fourth place.
Russian
demand in our country starts just before the Real Estate bubble began in 2007
in Spain. From that
date it has been steadily growing 135% with 1.008 units in 2007 to 2.399 in
2012.
Currently Russian purchases represent 9.6% of
total overseas units sold in Spain and 12% of total European ones.
If we take a look of where do they are looking for, we will find, most of
Russian potential buyer like houses in the Mediterranean coast specially Torrevieja
in Alicante also Valencia and Murcia, where there are a big settlement of
Russian resident citizens. Secondly Barcelona, Marbella and recently Canary
Island are growing rapidly according to one of the most popular real estate
portal in Russia.
If we take care of prices, 60% of total
enquiries look for properties below 100.000€, 15% below 150.000€, 15% below
300.000€ and a non-negligible 10% of enquiries for properties over 300.000€.
In summary, Russian overseas demand in Spain is
clearly growing from 2007, looking for sun and good prices. Although there are
a group of rich Russian people who has also to be satisfied with much more
sophisticated requirements and we do not have to forget.
For sure this tendency will remain in the near
future and who knows if could overtake France and UK who ranks first and second
respectively.
From Social Media
Tailored, Real Estate Digital Marketing consulting firm, we encourage overseas
investors to start looking for Real Estate opportunities in our country. We are
currently advising financial institutions and real estate companies, how to
capture this potential overseas investors demand in new emerging markets.
Jesús Labrado Fernández
General Manager Social Media Tailored
Phone:
+34 91 013 34 10
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