The real estate sector data about the Autonomous Community of Castile and León shows continuation in maintaining a sustained and highly positive trend that accelerates this market. According to data from Spain's Ministry of Public Works that was revealed in a press release issued by the information office in June 2017, in the first quarter of this year there was an 18 per cent increase in the number of property sales compared to the same period in the year 2016. This increase in sales is a clear indicator of the new boom experienced in this region's real estate market.
Good transport links help this factor as all the municipalities in this autonomous community offer tourists excellent transportation services, such as by air, rail, and road. In fact, all the connecting routes that link Madrid with the northern areas of Spain pass through this region. There are also 4 airports in Valladolid, Burgos, Leon and Salamanca that complete the entire transport network, connecting Castile and León with the rest of Spain and the world.
The tourist attractions in this community are unquestionable, both for the variety of events and the number of attractions on offer. Tourists can find everything from art, culture and historical heritage, to rural tourism and not forgetting the great gastronomy attraction. There is also an excellent potential for wine tourism in this area. This autonomous community boasts areas of great tourist relevance such as the Salamanca Cathedral or Burgos, events such as the Holy Week and many museums, such as the ethnographic of León.
This is a good time and also a good area to invest in the real estate sector. At Engel & Völkers, we offer licenses in León, Burgos, Soria, Palencia, Zamora, Salamanca, Ávila and Segovia. Real estate investment in these provinces through one of our franchises is a smart business strategy that offers a safe return.
At Engel & Völkers, we offer the licenses of these franchises knowing that it is a real estate investment that will generate profits within a short time. Now is the time to invest in this business before the end of the year. The data and trends of the real estate sector in this autonomous community are positive and since the beginning of this year, this trend has been strengthened, which will continue to grow steadily over time.