A significant increase in the price per square meter
Data from the Department of Statistics reveal a 22.9% increase in the average price per square meter during the last three months of last year. This trend represents a significant change in the real estate market.
Fall in real estate transactions
During the first quarter of 2024, real estate transactions have experienced a decrease of 28.3% compared to the previous year, according to data from the Department of the Ministry of Economy. This decline has been reflected in all types of real estate, including flats, single-family homes, entire buildings, land and parking spaces.
Factors to consider
It is important to consider that these data have been influenced by the moratorium that restricted the purchase of flats by foreign investors until mid-February. This limitation has affected the number of real estate transactions and has generated uncertainty in the market.
