Please leave this field empty. The purchase and sale of flats in the Valencia Property crisis is highly affected by the Covid from March in Spain. It is due to the physical and face-to-face activity between buyers and sellers. These have stopped completely due to the alarm state to avoid possible virus contagion.
Except in very rare and urgent cases specially where there is a mortgage involved , in the Valencia Property april crisis there will be no signatures until at least mid-April. In other words, the purchase-sales in the Valencia property market will not be effective in the coming weeks, as has happened in the second half of March. Everything has stopped suddenly as we explained a few days ago in this Valencia property covid post and the recovery process is expected to be slow after the state of alarm.
But the restoration of a healthy and optimistic buying and selling rhythm after the Valencia Property crisis will be increasing in June. The associated real estate agencies have admirably maintained their activity by teleworking, so we recommend working with a reputable agency of proven expertise. The current stop is expected to end in May at best with a rebound in buying and selling in the Valencia property market from the second half of May.
There will be initial caution among investors working with the buy-to-let strategy because of the uncertainty of the current leasing policy about tenants who has difficulties to pay the rent. If you have properties for rent in Valencia, Contact Us for advice and a safe and profitable letting process.. Given the fall in demand in recent weeks and pending an optimal recovery, the supply in Valencia property market will logically fall in price.
It will be at once, if the lesson of the financial Valencia property crisis has been learned, to avoid delaying the sale on the calendar.
According to the latest CBRE study, it in a mere five years all of the undeveloped land in Valencia will be exhausted. The ultimate result of such a situation is none other than an increase in prices given the current high level of demand. In Spain, rental prices rose on average by 4. According to Betraiz Toribio, Director of Studies of Fotocasa, prices have leveled out in Catalonia and the Balearic Islands, while in Valencia or Madrid rental prices continue to strongly rise.
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