Servihabitat rentals up 758pc + sales of 135 properties/day

Spanish Property Insight Forums Spanish Property Forums Real Estate Topics, News & Discussion​ Servihabitat rentals up 758pc + sales of 135 properties/day

Viewing 3 reply threads
  • Author
    Posts
    • #57529
      Anonymous
      Participant

      Servihabitat -the real estate division of La Caixa (a big bank) – rented 5,240 homes in Q1, an increase of 758pc on the same period last year. Clearly the rental market is experiencing explosive growth (I hear this from other sources too), as locals with no savings and no access to mortgage financing turn to renting.

      Servihabitat now have 14,000 homes rented out, target for year end = 24,000.

      SALES

      They sold 135 properties a day = 16,154 properties in total (including store rooms and parking spaces) in Q1, with a sales value of €1.648 billion. They have already mades sales in just 4 months that equal 57pc of the total sales in 2012, so sales this year are up dramatically. I don’t know what their accounting policy is for recording sales, but it doesn’t square with the general collapse in sales we are seeing elsewhere.

      Servihabitat claim they had 806,000 unique visitors to their website in April.

    • #117114
      Anonymous
      Participant

      well I do know for a fact that they sold 180 in san pedro (Marbella west) in one week recently !!!! señorio de guadalmina is the development !!!! they are dishing out mortgages no questions asked 🙄 🙄 🙄

    • #117117
      katy
      Spectator

      Darn it…they must be all gone by now 😆 😆

    • #117123
      Anonymous
      Participant

      phone them!!!; I think they’ve got a few bad ones left


      asking 480,000 five years ago or more, last month selling at 120k plus


      recent studies proved average Spaniard has higher net worth than average German – NEVER underestimate Spaniards – at your peril is what id say 😡 😡 😡 😡

Viewing 3 reply threads
  • The forum ‘Real Estate Topics, News & Discussion​’ is closed to new topics and replies.