After years of economic hardship experienced by the city of Zaragoza, it is now going through a period of prosperity that has resulted into progressive and continuous growth for its real estate sector. This is why we at Engel & Völkers, wish to take advantage of this moment by opening a franchise in the city. In this article, we want to invite you to come and join us as this is without a doubt a great business opportunity.
Why open an Engel & Völkers franchise in Zaragoza now?
Between 2007 and 2014, the real estate market in Zaragoza and Aragon as a whole was severely affected by the crisis. So much so that as a consequence, there were seven consecutive years of drop in house prices. However, since 2015, the housing market has started to rebound. Since then, growth has been between two and three per cent per year in resale properties.
The data referring to the first quarter of 2018 seems to confirm this trend. In fact, according to the various published reports, the increase in prices for this year is expected to be around 2.5%. The amount of money saved by families during that time and the greater ease of granting mortgages by banks seem to be the main contributing factors to this growth.
If we talk about new-builds for sale, the data gets even better. Specifically, during 2017, building permits were granted for 1540 flats compared to the 1189 flats built in 2016. This represents an increase of no less than 29.5%. It is true that the historical maximum, which stands at 20,441 in 2006, is still far from the desired result but, according to the Confederation of Construction Employers of Aragon, it is expected that in the next three years the figure will vary between 6,000 and 8,000 permits.
The exclusive advantages offered by Engel & Völkers
Engel & Völkers is currently one of the most important real estate companies in Europe in the high standing sector. In fact, we have more than 700 property shops all over the world, which means that we can provide you with a global network of clients; if you wish to open your franchise with us. Remember that the perfect buyer for a home can be anywhere.
For this reason, with the name of Engel & Völkers displayed outside your business premises, you will be able to provide a great service to your clients with the support provided by an estate agency with a recognised prestige, which in itself represents an important competitive advantage over other similar businesses that also operate in Zaragoza.
What's more, we at Engel & Völkers will take charge of training both you and the estate agents who will be working for your franchise from the moment we start to collaborate with each other. In fact, our support and training won't end there as we will continuously update you with the market's latest demands and changes.
We will also provide you with the latest technological advances and resources to help you manage your business. Aside from the necessary tools we provide, you will have at your disposal the highest quality DRM 'software' and complete support for your work throughout every stage.
In summary, on behalf of the real estate company, Engel & Völkers, we want to invite you to come and get to know more about the excellent business opportunity on offer by opening a franchise with us in the city of Zaragoza. All you need to do is contact us.