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.