In large cities such as Madrid, Barcelona, Seville, Valencia or Alicante, as well as in regions with great tourist affluence such as the Andalusian Costa del Sol, the Valencian coast, the Catalan Costa Brava, the Balearic Islands and the Canary Islands, the increase in prices was above 12% year-on-year with absolute values higher than €10,000 / m2.
By nationality, the French were the buyers of the fastest luxury properties with an average of 2.5 months and 4 visits to the house, followed by the British (3.5 months and 6 visits), the Belgians (4 months and 5 visits) and Germans (6 months and 6 visits). Spanish and Italians needed an average of 7 months and 8-9 visits to make the final decision of acquire the property. The Chinese were once again what lengthened the process of buying the house, with an average period of 8.5 months and an average of 14 visits.
Emmanuel Virgoulay, founding partner of Barnes Spain, has showed that "the real estate sector has lived a historic year in this 2017. Not only has the economic crisis been definitively left behind, but a very necessary stability for the market has been achieved. The annual balance is very positive, mainly due to the good start registered during the first three quarters and the prominence of the first house. The last quarter, despite the influence of the political conflict in Catalonia, the response of the sector was of great capacity of reaction and open mind”.