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If you provide us with your e-mail address, we will communicate with you via e-mail. We will not pass on your e-mail address to third parties outside of Engel & Völkers. If you no longer wish to receive e-mails from us, you can cancel this at any time.

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We utilize the remarketing function of Google to publish our advertisements. This allows us to display our advertisements within the Google Display network to just those Internet users that have visited our website. However, in order to utilize this function we have to use small text files called cookies. These are saved on your computer, but they do not contain any kind of personal information. These cookies are used by the Google Display network to deliver our advertisements to you in the form of text or image ads. You do have the possibility to deactivate cookies used for advertising purposes. This is possible with the help of the Ad Preference manager of Google or, alternatively, via the deactivation page of the Network Advertising Initiative. Further details can be found here: https://support.google.com/analytics/answer/2700409?ref_topic=2611283&hl=en-GB".


Information and questions

If you have any questions about this data protection declaration, for instance regarding inspection or updating of your personal data, please write to the following address:

Engel & Völkers Sintra

Largo Afonso Albuquerque, 5 e 6

2710-519 Sintra

Portugal

or send an e-mail to: sintra@engelvoelkers.com

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Privacy / Disclaimer

Data Protection Declaration

By using our website, you expressly consent to the storage and use of your data described in this declaration. Your data will be used for the purposes described in detail below.

IP Addresses

IP addresses are required for problem diagnoses, website administration and demographic information. When you visit our site, we recognize only your domain name, but not your e-mail address. We only see your e-mail address if you directly give it to us by filling out a form or sending an e-mail.

Cookies

Cookies are used for personalized content, to avoid repeated password entry or to adjust the information offer to user behaviour.

User registration

Our site contains forms which you can fill out to request information. When you register, we will forward the information requested.

E-mail Addresses

If you provide us with your e-mail address, we will communicate with you via e-mail. We will not pass on your e-mail address to third parties outside of Engel & Völkers. If you no longer wish to receive e-mails from us, you can cancel this at any time.

Links to Other Sites

Our website has links to other sites of third party providers. Engel & Völkers is not responsible for the data protection measures or contents of other websites.

Opting out

If you no longer wish to receive e-mails from Engel & Völkers, you can revoke the previously granted permission at any time. E-mail notification suffices for removal from the e-mail list or web registration database.

Google Analytics

This website uses Google Analytics, a web analytics service provided by Google, Inc. ("Google"). Google Analytics uses "cookies", which are text files placed on your computer, to help the website analyze how users use the site. The information generated by the cookie about your use of the website (including your IP address) will be transmitted to and stored by Google on servers in the United States. In case of activation of the IP anonymization, Google will truncate/anonymize the last octet of the IP address for Member States of the European Union as well as for other parties to the Agreement on the European Economic Area. Only in exceptional cases, the full IP address is sent to and shortened by Google servers in the USA. On behalf of the website provider Google will use this information for the purpose of evaluating your use of the website, compiling reports on website activity for website operators and providing other services relating to website activity and internet usage to the website provider. Google will not associate your IP address with any other data held by Google. You may refuse the use of cookies by selecting the appropriate settings on your browser. However, please note that if you do this, you may not be able to use the full functionality of this website. Furthermore you can prevent Google’s collection and use of data (cookies and IP address) by downloading and installing the browser plug-in available under https://tools.google.com/dlpage/gaoptout?hl=en-GB.

You can refuse the use of Google Analytics by clicking on the following link. An opt-out cookie will be set on the computer, which prevents the future collection of your data when visiting this website: Disable Google Analytics.

Further information concerning the terms and conditions of use and data privacy can be found at http://www.google.com/analytics/terms/gb.html or at https://www.google.de/intl/en_uk/policies/. Please note that on this website, Google Analytics code is supplemented by "gat._anonymizeIp();" to ensure an anonymized collection of IP addresses (so called IP-masking).

We utilize the remarketing function of Google to publish our advertisements. This allows us to display our advertisements within the Google Display network to just those Internet users that have visited our website. However, in order to utilize this function we have to use small text files called cookies. These are saved on your computer, but they do not contain any kind of personal information. These cookies are used by the Google Display network to deliver our advertisements to you in the form of text or image ads. You do have the possibility to deactivate cookies used for advertising purposes. This is possible with the help of the Ad Preference manager of Google or, alternatively, via the deactivation page of the Network Advertising Initiative. Further details can be found here: https://support.google.com/analytics/answer/2700409?ref_topic=2611283&hl=en-GB".


Information and questions

If you have any questions about this data protection declaration, for instance regarding inspection or updating of your personal data, please write to the following address:

Engel & Völkers Sintra

Largo Afonso Albuquerque, 5 e 6

2710-519 Sintra

Portugal

or send an e-mail to: sintra@engelvoelkers.com

Engel & Völkers sees a growth of 45% in Spain

  • The premium German real estate company completed the firsthalf of 2016 with a trading volume of 690 million euros
  • Between January and June, sales rose by 41% to 1,141 and rentalsincreased by 38.4% to 1,016
  • The most expensive property sold by the company totaled 7.8 millioneuros in Puerto de Andratx, Mallorca


Engel & Völkers AG, the leading luxury real estate brokerage, has managed to maintain a pace of double-digit growth in 2016, with Spain being one of the leading countries in the group. In the first six months of the year, the German company's business transactions in Spain rose by 45.1% to a volume of 690,3 million euros.

The growth has occurred in both sales and rentals. Thus, between January and June, sales climbed by 40.9%, completing 1,141 transactions at an average price of 602,765 euros, while rental operations increased by 38.4% over the same period in 2015, close to 1,016. Rentals were at an average price of 2,543 euros.


Strong demand for premium properties in beach resort areas like Mallorca or Marbella as well as in major Spanish cities, where Engel & Völkers is present through the Metropolitan Market Center (MMC) has been instrumental in the great progress of the company.

This is why Engel & Völkers Madrid has positioned itself as a market leader with a 200% growth in the periods mentioned above. It has extended its influence in the northwest and northeast of the capital, while MMC Valencia has tripled sales because of the strong demand in the districts of Pla del Real and Eixample. Meanwhile, for the third consecutive year, the centre of Barcelona will reach a volume of trading at 300 million euros, which puts it in the leading position.

Also in cities like Alicante and La Coruña, Engel & Völkers has managed to gain 5% market share in its first year thanks to a mostly local customer demand seeking apartments in the city centre. These cities have shown a positive contribution to the company. The volume brokered by real estate in the eastern part of the city has soared to 135% with a profile shared equally between domestic and foreign customers demanding penthouses and seaview properties.


Business increases by 79% in Mallorca


Without doubt, Mallorca is one of the key places that has shown great results for the German real estate company in Spain. With 16 offices across the island and an experience of 25 years, the volume of transactions is almost a third of the total recorded by Engel & Völkers in our country. In the first half of the year, the company brokered real estate amounting to 218.97 million euros, which represents an increase of 79% over the same period last year.

Among these sales, the most expensive property in Spain was sold by Engel & Völkers. The property, for which, 7.8 million euros was paid for, was located in Puerto de Andratx. This further strengthened the reputation of the company and proved that it's not only the most successful real estate brokerage in Spain, but it also ranks second as the best independent German company in the world.

The Mallorcan property market remains in top form and proof of this is in the average selling price obtained by the real estate on the island between January and June, which stood at 1.3 million euros. That's more than double for the entire Spain.

The profile of buyers is a mixture of various nationalities, including British, which continues to invest despite the recent volatility of sterling. Florian Hofer says: "As a result of Brexit, we have witnessed a significant increase in requests about properties through the Internet, which in some areas, the demand for information about properties has tripled." Florian Hofer, the director of Engel & Völkers Baleares, sees this as a clear indication that buyers are looking for a stable and safe place to invest in the real estate market.

The Balearic Islands have always been a major attraction for German, Scandinavians, and British. These customers are very interested in quality properties in exclusive locations. It is because of this high demand from foreign buyers that Mallorca has registered a double digit price increase in the first half of the year. The areas that attracted greater interest are on the southwest of the island, where prices have soared by 50%, followed by Palma and Son Vida, where the price increases were at around 10%.


Sintra - Alta-8  - Alicante.jpg

Spain boosts the company's results


Worldwide, the Engel & Völkers Group increased its revenues by 26.2% to 229.4 million euros, which is a big jump from the previous year's 181.7 million figure. "International demand for premium properties has once again recorded a strong increase in both segments of first and second homes," said Christian Völkers, founder and co-president of Engel & Völkers AG. "Our strong expansion strategy that has been mainly focused on Europe and the United States, has had a very positive impact on company results," he adds.

This is precisely a good situation to be in the housing market. What's more, the strong presence of Engel & Völkers in European and American markets has enabled the group to set an ambitious goal for the end of the year when Christian Völkers expects to have "recruited 1,300 real estate consultants". In Spain alone, there will be 9 more offices opening in the second half of the year.

The news about the results in Spain had plenty repercussion on online press:


Engel & Völkers

Sintra
Largo Afonso de Albuquerque, 5/6
2710-519 Sintra
Portugal
Phone
+351 21 600 90 60

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Privacy / Disclaimer

Data Protection Declaration

By using our website, you expressly consent to the storage and use of your data described in this declaration. Your data will be used for the purposes described in detail below.

IP Addresses

IP addresses are required for problem diagnoses, website administration and demographic information. When you visit our site, we recognize only your domain name, but not your e-mail address. We only see your e-mail address if you directly give it to us by filling out a form or sending an e-mail.

Cookies

Cookies are used for personalized content, to avoid repeated password entry or to adjust the information offer to user behaviour.

User registration

Our site contains forms which you can fill out to request information. When you register, we will forward the information requested.

E-mail Addresses

If you provide us with your e-mail address, we will communicate with you via e-mail. We will not pass on your e-mail address to third parties outside of Engel & Völkers. If you no longer wish to receive e-mails from us, you can cancel this at any time.

Links to Other Sites

Our website has links to other sites of third party providers. Engel & Völkers is not responsible for the data protection measures or contents of other websites.

Opting out

If you no longer wish to receive e-mails from Engel & Völkers, you can revoke the previously granted permission at any time. E-mail notification suffices for removal from the e-mail list or web registration database.

Google Analytics

This website uses Google Analytics, a web analytics service provided by Google, Inc. ("Google"). Google Analytics uses "cookies", which are text files placed on your computer, to help the website analyze how users use the site. The information generated by the cookie about your use of the website (including your IP address) will be transmitted to and stored by Google on servers in the United States. In case of activation of the IP anonymization, Google will truncate/anonymize the last octet of the IP address for Member States of the European Union as well as for other parties to the Agreement on the European Economic Area. Only in exceptional cases, the full IP address is sent to and shortened by Google servers in the USA. On behalf of the website provider Google will use this information for the purpose of evaluating your use of the website, compiling reports on website activity for website operators and providing other services relating to website activity and internet usage to the website provider. Google will not associate your IP address with any other data held by Google. You may refuse the use of cookies by selecting the appropriate settings on your browser. However, please note that if you do this, you may not be able to use the full functionality of this website. Furthermore you can prevent Google’s collection and use of data (cookies and IP address) by downloading and installing the browser plug-in available under https://tools.google.com/dlpage/gaoptout?hl=en-GB.

You can refuse the use of Google Analytics by clicking on the following link. An opt-out cookie will be set on the computer, which prevents the future collection of your data when visiting this website: Disable Google Analytics.

Further information concerning the terms and conditions of use and data privacy can be found at http://www.google.com/analytics/terms/gb.html or at https://www.google.de/intl/en_uk/policies/. Please note that on this website, Google Analytics code is supplemented by "gat._anonymizeIp();" to ensure an anonymized collection of IP addresses (so called IP-masking).

We utilize the remarketing function of Google to publish our advertisements. This allows us to display our advertisements within the Google Display network to just those Internet users that have visited our website. However, in order to utilize this function we have to use small text files called cookies. These are saved on your computer, but they do not contain any kind of personal information. These cookies are used by the Google Display network to deliver our advertisements to you in the form of text or image ads. You do have the possibility to deactivate cookies used for advertising purposes. This is possible with the help of the Ad Preference manager of Google or, alternatively, via the deactivation page of the Network Advertising Initiative. Further details can be found here: https://support.google.com/analytics/answer/2700409?ref_topic=2611283&hl=en-GB".


Information and questions

If you have any questions about this data protection declaration, for instance regarding inspection or updating of your personal data, please write to the following address:

Engel & Völkers Sintra

Largo Afonso Albuquerque, 5 e 6

2710-519 Sintra

Portugal

or send an e-mail to: sintra@engelvoelkers.com


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