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2.3 million EUR investment for residential development in Barcelona

2 May, 2018
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Corporate, Investment
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By kreatikas

Swan Property Services raised 2.3 million euros from a private investor for one of its clients last March residential property development of apartments in the province of Barcelona, located on the seafront.

The new construction continues to gain weight year after year due to the rebound of production, although with a moderate growth rate due to the period of maturity of new construction itself. In the case of Barcelona, the new developments are being located outside the city due to the shortage of land. However, it is in done in nearby municipalities, a few kilometers from Barcelona.

The great dynamism that the national Real Estate market is showing predicts a growth forecast in 2018 of around 10-15% in the number of deals, over 550,000 sold units, of which 15% are expected to be new construction; and also expected growth of 5 to 10% in the prices, especially in cities such as Madrid and Barcelona.

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