Posted on Sep 18, 2020

Valencia Property for Expats

The prospect of another few months of confinement as well as the shift to remote working are driving the market for more spacious properties in more remote areas

According to Ferran Font, director of analysis at the real estate site, while price is still the main priority when buying or renting a property, the importance given to other features has changed. “During and after the confinement, 60% of people felt they lacked something in their home – 35%, a balcony and 20%, a garden,” he says.

“There is one essential stipulation right now and that is that the home has a balcony. More than 80% are looking for that,” says Lola Alcover, secretary of the General Council of the Official Associations of Real Estate Agents of Spain (COAPI). “There is also far greater interest in properties with a garden and land plot in the commuter belt, but far enough out that there is no population pressure.

Anaïs López, director of communications at the Fotocasa real estate platform, says that while searches for homes with a balcony or garden have increased by 40% compared to pre-pandemic figures, searches for country estates have risen 46%; villas, 36%; and townhouses, 24%.
Source: El Pais

Property News by Valencia Property for Expats
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