February 28, 2021

Madrileños and Catalans lead the way in buying second homes

27% of Madrid, 18% of Catalans and 10% of Andalusians demand a second home and lead the ranking in Spain of this type of purchase, as can be seen from the report entitled 'Radiography of the housing market 2018 -19 'prepared by Fotocasa and published this Tuesday.

The report reflects that the purchase of a second home falls two percentage points in comparison between the first quarter of 2019 and the same period of 2018, since if last year it accounted for 12% of the total transactions, this year fell to 10%

By Autonomous Communities the ones that rise the most are Madrid, which goes from 19% in 2018 to 27% in 2019; Catalonia, from 15% to 18%, and the Basque Country, from 2% to 6%.

On the other side of the balance is Andalusia, which registers a decrease of 15% from 2018 to 10% of 2019 and the Valencian Community, which goes from 12% to 8%.

As for the profile of the homebuyer destined for a second residence, the robot portrait draws a male (65% of the buyers) with an average age of 47 years and a middle class.

52% of the owners of this type of housing live with their partner and children; 83% of them own their usual residence and 40% are upper middle class.

Regarding the use of this second home, it is worth highlighting that 11% of Spaniards allocate it for rent, two percentage points more than in 2018, when it accounted for 9%, and the report attributes it to the general increase in the demand for living housing the country.

By communities, Andalusia is the one that concentrates the most homes for the rental of holiday destinations (28%), followed by Madrid, with 17%; Catalonia, with 11%, the Valencian Community, with 9% and the Basque Country, with 2%.

. (tagsToTranslate) Madrilenos (t) Catalan (t) head (t) second (t) residences

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