Catella: Positive outlook for Spanish real estate markets
The new Catella Market Tracker on the Spanish real estate markets was released today. The researchers come to the conclusion that Spanish property prices are likely to increase in 2017. The expected development is supported by a growing Spanish economy, increasing rents and a high level of interest in Spanish real estate investments among international investors.The Spanish economy developed well in 2016 and GDP grew by 3.3%, well above the average GDP growth rate in the Eurozone of 1.7%. The Spanish economy is expected to continue to grow the coming years, and GDP growth of 2.5% is