The German real estate firm Engel & Völkers grew by 8% in Spain in 2022, despite the difficult context. The company, which specialises in high-end properties, recorded an intermediation turnover of 3.4 billion euros last year.
In total, the real estate company managed 8,495 operations in Spain: 4,404 for sale and 4,091 for rent. In this sense, its growth in the rental segment stands out (30%), where it generated an intermediation turnover of 122.6 million euros, driven mainly by an increase in the price of operations to an average cost of 2,497 euros. The average price of sales transactions also increased, although to a lesser extent (by +6.3%) to reach 744,687 euros.
Read the full article in Spanish.
