Colombian Buyers in Spain Change Their Strategy: Demand for Housing Grows
Demand for housing in Spain increases Photo: Courtesy
TL;DR
- Colombian buyers in Spain are changing their purchasing criteria, moving from aspirational motives to patrimonial and operational evaluations.
- There's an increased focus on properties with structured administration and clear standards to reduce the uncertainty of remote management.
- The 'turnkey' model, offering ready-to-occupy homes, and 'lock-and-leave' properties, designed for owners who are not permanently residing, are gaining popularity.
- 'Branded residences,' associated with brands, particularly from the hotel sector, are also growing, offering professional management and potential rental income.
- Buyers are asking more frequently about recurrent maintenance costs, building governance, regulatory compliance, and ease of management for non-resident owners.
- The acquisition of housing is increasingly approached as the purchase of a patrimonial asset, with emphasis on the project operator, building governance, turnkey delivery, rental income potential, and asset liquidity.