4 Reasons to buy or sell a rustic farm in Spain
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Today, we invite our dear readers to take a trip to the fields of Spain, to the world of Rustic Estates, far from the urban areas of Madrid.
And it is that it is not for less, both the pandemic and the volatility of the market, have changed the way in which the Spanish see work and life in the field, that is why we bring you some information that will help you broaden your vision as an investor real estate and you can diversify your assets.
1) The best moment of the rustic real estate sector
If we look at the evolution of this market, we can see a clear upward trend. Between 2019 and 2020, there was a greater boost in the supply of rustic farms where the volume of operations increased by 26.5%. For the period of 2020 and 2021, the volume of operations grew again by 15.9%. The National Institute of Statistics (INE) shows that in 2021 158,482 transactions of rustic farms were completed, which represents an increase of 28.6% year-on-year. So far in 2022, in March 48,828 properties have been transmitted, indicating a growth of 23.6% . All this according to the Statistics on Transfers of Property Rights (ETDP) corresponding to the month of March published by the National Institute of Statistics (INE).
Fuente: Instituto Nacional de Estadística (INE).
2) A safe haven from the volatility of financial markets
Since the pandemic hit, now global instability, added to inflation, have made investors more cautious when choosing where and in which market to invest. The real estate market continues to be the best refuge to preserve wealth and make a profit in the short, medium and long term.
The good moment that the rustic real estate sector is experiencing, especially, makes it very attractive to give investors confidence.
3) New buyer profiles
Due to the evolution of the rustic real estate sector, the demand for Fincas has increased. Usually those who buy these properties seek to increase their agricultural and/or livestock activity, but now there is an increase in those who seek to diversify their assets; and finally we have an increase in those who are looking for a change in lifestyle completely different from what the urban one can offer, especially due to the paradigm shift due to the pandemic.
This expands the options for owners of Rustic Fincas who wish to sell their properties.
4 Spain, an agri-food power.
Spain is currently the fourth agri-food power in Europe and the eighth worldwide. Well-informed agricultural experts and investors know the potential of our country’s fields. For this reason, there is increasing demand to get larger farms that offer greater profitability.
It’s time to contact the experts.
As always, the best way to take advantage of this moment in the rustic real estate market sector is to advise you with experts and with complete confidence we recommend PIMA Environmental Engineering Projects (https://www.pimaproyectos.es/) . They are experts in Rustic Estates and will be able to advise you to sell your estate without any unforeseen events.
With PIMA you will be able to increase the value of your farm, put all the documentation in order, such as the property title, cadastral and registry certificate.
Pedro Parra, forestry and natural environment engineer, Director of PIMA, is an expert in the sector and we recommend him with our eyes closed. We invite you to visit their website