According to the study which has made Bankinter, the evolution of prices of villas and houses in general will rise by an average of 4% next year 2016 in selective areas with rental demand.
This is the case of the villas in the area of L’Eliana, including all urbanizations in other municipalities surrounding the city. This is not another housing boom but a change of course, where investors will see greater returns on this investment that movable property market.
This forecast on the price of villas in areas like L’Eliana offered Bankinter represents, on an average price of a villa in L’Eliana €200,000, an annual increase of €8,000 that added the benefit of rental offers higher returns than others financial products.
The best proof that change is occurring, as recorded by the study of Bankinter, is the increase in income that offer offices and shopping centers, which is causing revaluation.
Another factor is that since 2014 is increasing capital dedicated to new housing developments. As always, will be the price of the new villas to mark the prices of houses and resale properties.
Here you can see the video of Jesus Amador, financial markets analyst of Bankinter, expressing firsthand all these conclusions.
In summary we can highlight:
The growth estimate for 2016 is 400,000 purchases.