Spanish real estate doing well even with high priced properties
One housing development firm has announced stunning reports of selling high priced properties in Spain. They have shown that high range Spanish real estate is selling out at good pace when the other areas are struggling to find buyers.
Lucas Fox showed magnificent performance in 2011. They were forced to increase their number of employees and increase their branch offices to keep pace with the high end buyers. They bagged third quarter profits of 19.5 million euros. The best selling areas reported were Barcelona, Costa Brava and Mallorca. The foreign buyers showed great interest to pay any huge amount to possess a luxury property in the mentioned places.
Head of Commercial and Investment Property, Aimar Valls was surprised to note the increase in demands for the properties in Spain. He saw huge shift in the quality choice of buyers and the enquiries have reached peak amounts. Both personal and commercial properties gained attention. Barcelona is the place people look for building hotels, apartments for rent and other high budget projects.
2012 will bring more promising notes for the company. The director Alex Vaughan believes that the already showing positive turns will bring more fortune for the company. 2012 have started at good notes with 5000 property bookings already from buyers from US, China, Middle East, Russia, Scandinavia and North and East Europe.
More information and photos can be found at http://www.aplaceinthesun.com/
- Comments Off