Interest in the real estate market has shot up 400% since November, according to Inviertis


Interest in the real estate market has skyrocketed 400% since November and has become a refuge value for investors in the face of uncertainty generated by the macroeconomic context, inflation and Russia’s war against Ukraine, according to data from the platform real estate investment Invest.

The private investor represents about 80% of the total real estate investments in the market, with profiles that correspond to owners who need to sell a flat for rent or small and medium investors who take refuge in real estate investment.

The executive director and founder of Inviertis, Rebeca Pérez, has pointed out that investors “are withdrawing everything they had on the stock market and are investing in real estate to preserve their assets, a situation that has worsened since the Russian military invasion in Ukraine”.

For Pérez, investment in brick currently offers “security due to the more controlled fluctuation of the real estate market and the stability of supply and demand in the main Spanish markets”.

In addition, some investors are beginning to turn to cryptocurrencies within real estate investment, with this trend accentuating in the last two months. “You turn a risky investment into a conservative one and, if you were lucky enough to enter the crypto world in 2012, for example, you can buy a house for 200 euros back then,” added the founder of Inviertis.

However, he recalled that there are drawbacks of an administrative nature, such as how to set the price in bitcoin, the transaction and the regularization before the Treasury.

Like Pérez, the advisor to Inviertis and executive director of the mortgage management and formalization company Tecnotramit, Vicenç Hernández Reche, has recognized that the use of cryptocurrencies in the real estate sector “is still at a very early stage”.

“It is one thing to use them as a speculative investment, like buying dollars or gold, and quite another to do it as a currency for exchanging real estate. Surely, as its use and adaptation by intermediaries, financial entities, notaries and property registrars, among others, increases, we will be able to see a more widespread use of cryptocurrencies”, Hernández predicted.