Which properties go up in value the most?
In any of Engel & Völkers' franchises, there is a feeling confirmed by the IPV data that resale homes are the ones that are experiencing the greatest demand from investors and individuals.
The growth of flats for sale and houses that have not been recently constructed has increased by around 6.7 per cent while those that come to market as new-builds remain at 6.5 per cent.
In general terms, this applies to the entire national territory, with Galicia being one of the areas where growth remains below average but still follows the same path as other regions.
Good time for investment
These figures confirm that this is an ideal time to invest in real estate, since the growth trend in the sector promises to follow the same path marked by the previous years.
Engel & Völkers already is active in the main cities of Galicia by getting investors to comfortably access many first class properties that are for sale. However, the desire of the company is to continue growing, hence the reason there are still two licenses available to open a franchise, one of them being in the city of Ourense and the other in Lugo.
Both of these areas are ideal to take advantage of right now as they benefit from the increase in property prices that have been experienced throughout Galicia.