És bon moment per vendre in Tarragona? Bon moment per comprar? Monapart Tarragona and, with data at hand, he tells you how the real estate market in Tarragona is at the end of 2018.
When an owner decides to put his property up for sale, he can turn to a real estate agency to find answers and entrust the management of his property to a professional. Or they can decide to vendre'l pel seu compte…
One of the first questions I am asked is: "And how is the market?"
There are two types of answers:
- L'enganyosa (say what the owner wants to feel): people are buying "crazy", constant price hikes, rich foreigners standing in front of the door of the agency...
- The real one, the one that every professional should explain, even if it is not the one that the client expects... (Here is a post about the 4 types of real estate clients).
The classic mantra "the totxo is a safe bet", as recent experience has shown us, is not always the case.
In an analysis, according to the INE in the province of Tarragona, the number of sales in the third quarter of 2018 was "moderately increasing", years after the real estate boom of 2007. The buyer thinks about it when buying, for various reasons:
- Currently there is plenty on offer to be able to "pick and choose".
- S'ha de tenir feta una mica de guardiola, per fer front als imposts, part de la mortgatge, etc.
- Els bancs ja no concedixen el 100% del preu de compra.
Amb les dades d'Idealist In the hand, the prices €/m2 of purchase of the houses have suffered a big setback compared to 2007. Prices of 2.941 €/m2 in 2007 in Tarragona city, have evolved to 1.649 €/m2 in the third quarter of 2018, a devaluation of 43%.
Therefore, we can venture that the buyers of 2007 will not be enriched by the sale of their homes. Sorry, but someone had to say it!
As the graph shows, prices continue to fluctuate, there is no well-established dynamic of rising prices.
The oil drop effect, with its epicentre in Barcelona and surrounding areas, has not yet reached Tarragona in a clear way. Això que, a priori, pot suposar un punt desfavorable pel venedor local, pot ser un incentiu a l'hora de comprar habitatge a mode d'inversió.
In short, the state of the property market in Tarragona?
Sembla un post molt pessimista, però hi hi hi ha no hi ha més veritat que la realitat. And don't let them fool you!
If you would like to expand this information because you are thinking of selling your house, contact me i en parlem!
- People, little by little, start to buy, but calmly and with a lot of reflection.
- Since 2007 prices have devaluated by around 45%.
- The rise in rentals, which has also been a constant in Tarragona, is causing more people to think about buying a home.
Is it a good time to sell in Tarragona? Is it a good time to buy? Let's find out, with data at hand, how is the real estate market in Tarragona at the end of 2018.
