How is the buyer of residential housing really? The data shows that real estate investment has increased and is currently the most profitable, but … Who are their investors why invest in housing?
According to the latest data from the Idealista real estate portal, the buyer is 66%, a man about 44 years of age and who pays 50% in cash, especially in low-value homes. And that is, it shows that real estate investment provides stable income. As a sign that 10% are civil servants and 8% are retired. And no less important, but in smaller percentage are the managers (7%) and autonomous (4.5%). In addition, 27% of buyers are foreigners who buy internationally.
Regarding the first housing market, Barcelona is one of the most active cities for high-level demand for non-residents and apartments with two to four bedrooms. Madrid also leans towards the rent and where the profile is extended towards students and medium-low levels to the executives and person with high purchasing power.
In eight years, the percentage of buyers who do not need to borrow is doubled
The profile of the investor has changed over the years. But for the first time in 8 years, the percentage of young people who buy to form a home increases. The potential buyer is the 25 to 35-year old’s who want to form a home of their own and who has slowed down the decline that they had been experiencing since 2008.
Even so, the price as a brake goes from assuming 50% in 2013 to 65% this year, equaling what happened in 2008. The search engine for bargains on the beach decreases and increases the volume of investors.