Engel & Völkers stands as a privileged witness to the increase in property prices in
Galicia. This proves the fact that for fourteen consecutive quarters, the price of new and resale properties has not stopped growing.
The market in Galicia
It seems that the years in which the
real estate market was struggling are a thing of the past. A franchise like the ones that
Engel & Völkers has in cities such as A Coruña, Santiago de Compostela, Vigo and Pontevedra has shown that the boom in the purchase and sale of
real estate is once again an ideal sector for
Focusing on the most current data, the price has remained stable throughout 2017. This means there has been an increase of around 2 to 4 per cent compared to 2016 and 2015. This data should by no way be considered as a surprise or a one-off occurrence, since the same national market is experiencing a growth that greatly exceeds that of
Galicia. If you take this last quarter of the year and the same period of 2016 into account, growth at national levels remains at more than 6.7 per cent.