Spain’s real estate investment volume is expected to hit €9bn this year, double the total reported in 2013, according to CBRE. Sales on the country’s residential market are averaging around 27,000 homes per month. Spain has roughly 740,000 housing units in its residential stock, of which at least 100,000 are located in areas that are difficult to access via public transit. The Spanish residential sector has not attracted many investors over the last seven years, which led to a shortage of Class A properties, according to CBRE. Enrique Martínez-Laguna, a vice president at CBRE, said the tide is beginning to turn, with investment volumes now three times higher than they were in 2012.
