The real estate market is undeniably growing at a fast rate. In fact, you only have to look at the statistics on the increase in prices that are published every few years. The growth in housing prices is something that has especially been noticed in a city like Murcia.
Do you actually know what the main advantages of investing in Murcia are right now? In this article we will explain them to you and at the same time, encourage you to choose Engel & Völkers, the most important real estate company in Europe in the high 'standing' sector, in order to take advantage of the good times that the property market is experiencing at the moment.
The Main Advantages of Investing in Murcia
According to data from the Bank of Spain, Murcia is one of the best regions to invest in property. In fact, this organisation estimates that, at the present time, the average annual profitability of buying a property is 10.9%. This is mainly due to the fact that purchase prices rise at a rate of 3% per month, while rental prices rise at an annual rate of 9%. To get an idea, in the month of February an increase of 4.5% was recorded, which was the best data since the outbreak of the economic crisis in 2008.
The truth is that, at the moment, the market must be divided into two parts. On the one hand, it is necessary to refer to first-time home buyers who want to establish their habitual residence and seize the moment before prices rise too high. On the other, those who have saved some money and want to make a safe investment. It is worth mentioning that the advantage of buying two 50 sqm homes instead of one 100 sqm property for letting purposes has never been so good.
Special mention deserves to be made about the potential profits that can be made on the coast, especially homes that are located next to the sea. These properties can easily be let during the holidays and generate quick profits for the owners. What's more, these properties are highly sought by foreigners who have greater purchasing power and wish to buy a second home or use it as an investment.
To get an idea, today, 13% of properties that are for sale in the Region of Murcia and the coastal municipalities are purchased by foreigners who, in many cases, are cash buyers. The data from the Balearic Islands shows 44% of foreign real estate investment is made in coastal resorts.
Why Choose Engel & Völkers to Open a Franchise in Murcia
Now that you know the current advantages offered by Murcia's real estate market, it's time for us to talk to you about what Engel & Völkers will do as an agency in order to help you become a franchise.
First of all, it will be difficult for you to find better support than what we can offer you. After all, we are an agency with decades of experience and more than 700 shops throughout the world, thus allowing us to create a network of international clients. This means finding the perfect buyer for a particular home could not be easier.
We make use of the most innovative technologies in the real estate sector and make them available to all our collaborators. We will take care of both your training and the rest of the people who will work in your property shop from the very first moment. In fact, not only will we prepare you to take advantage of this opportunity, but we will also accompany you throughout your journey with us to help you succeed.
Do not wait any longer! If you are passionate about the real estate market and have adequate knowledge in this field, then this is a unique opportunity for you. We would like to invite you to open your shop in Murcia with the help of Engel & Völkers. As you can see, this is the most profitable option for you so get in touch with us and find out for yourself!