Even though nowadays the real estate business is going through a delicate situation due to the pandemic, in recent years the market has experienced an increased level of professionalism, and developers have begun to pay more attention to the quality of the projects, their sustainability, their impact on the communities and the environment.
“Things will get on a normal track in a relatively short time. Residential has been and remains the most liquid investment area, whether it targets a future home or a safe placement of savings. Buyers need to make sure that the developer has liquidities, the necessary resources to complete the projects they are developing and that they deliver on time”,
argues our VP Residential Sales.
Regarding the evolution of the real estate market, Beatrice estimates that the current crisis will develop in the short term, and the return will be V-shaped.
“We estimate that in the next 1-2 years the value of money will decrease, while the value of real estate assets will increase, being the only protection solution in the face of this decrease. At the same time, it also produces interest (the rent is a kind of interest) of 5% - 6% in the case of apartments and 6.5% - 7.5% in the case of office buildings ”,
stresses Beatrice Dumitraşcu.
Full article here.