COPERNICUS GROUP

Spanish real estate Market Report H2 2020

Overview

As all of you might know, the pandemic has affected Spain really hard, registering a GDP slump unseen since Spanish Civil War in 1930's. Although government's actions have  limited the impact on unemployment and the European Union has approved a €140 billion financial aid package, Spain is not expected to recover to pre-pandemic GDP levels until, at least, 2022.

In this report, we have analysed the evolution of the principal real estate sectors during the second half of 2020. We hope you find it interesting and helpful..