Real Madrid president to choose the best time to bargain-hunting market smart people have predicted a rebound of the day

September 24, 2011 by admin

Lizhen Bo can not determine whether Perez chose the most proper time to implement their own Bei Nabu renovation project, at least you can confirm that is indeed the most depressed period of the Spanish real estate industry, related industries are also in the doldrums, Perez dips into the market, at least to ensure that costs a lot lower than three years ago, a lot.

Perez hopes to build a comprehensive business center. In fact, despite Spain’s real estate malaise, but as their pillar industry, tourism is still thriving after transformation, Bei Nabu to attract more tourists, it should not be doubted. In recent years by the economic environment, real estate in Spain fell significantly, compared to the heyday of the end of 2007, prices fell refrain, and many economic experts are still pointed out that Spain’s house prices are still down space , the current prices did not fall at the bottom.

decline in home prices, is a direct consequence of the collapse of many small real estate business. Madrid alone, for example, many suburbs have been shut down but not yet completed villa village, it is because a sluggish economy lead to an overall decline in purchasing power, while the strength of the buyer and most choose to watch, they rely on loans for small and medium sized real estate business while maintaining made against catastrophic. Reporters who visited the village a villa south of Madrid, where from the city center only 30 minutes (off-peak), only 20 million euros can buy a building area of ??200 square townhouse, so attractive prices are difficult to attract buyers, after nightfall, the total of 300 villas with plot seems like a ghost town, or even uncommon light.

even in the summer, there are still a lot of media person, “Now buy a house in Spain or the worst decision.” Some analysts pointed out that under the current situation home sales and housing starts, Spain completely sold out hoarding houses, take 2015 to 2016. Government to tighten monetary policy, bank lending is no longer loose, which have led to the overall downturn in the Spanish real estate. Peres, at this moment a large scale transformation Bei Nabu, at least in many related industries get real benefits, such as interior materials and design costs, etc., may be smart Perez also optimistic about the future of Europe and the Spanish economy, he believes the next few years, Spain’s economic environment will bottom out.

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