Foreign investment in the Spanish real estate market will rebound from the fourth quarter, as long as the coronavirus health crisis does not get out of control with a second wave, according to the platform for the sale of real estate debt in Spain and Europe LEM Loan e-Market.
As the company explains this Tuesday, Spain is a "safe and very attractive" market, as it already demonstrated before the pandemic, when "records were broken in direct investment in real estate assets, exceeding the barrier of 12,000 million euros in 2019 ", and it will continue to be afterwards.
For the CEO and founder of LEM Loan e-Market, Miguel Arimont, the interest of foreign investors "has not fallen, but has frozen in recent months" due to COVID-19.
Arimont, who foresees a "rebound" of this investment from the fourth quarter if a stable health situation is maintained, considers that Spain should monitor how the pandemic evolves in giants such as the United States, United Kingdom, France or Germany, protagonists of the real estate market national in recent years.
In this list, he continues, we should add Mexico and Venezuela, which concentrate an important flow of investors with an interest in the Spanish market.
Source "Economista"
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