Investing in housing is one of the most effective ways to preserve and increase your wealth in the long term. However, not all real estate guarantees the same profitability. Factors such as the purchase price, rental market demand and the neighborhood’s revaluation potential play a key role in the success of the investment.
In this sense, the economist Gonzalo Bernardosknown for his constant appearances on television shows, shared on social networks what he thinks is the best area in Spain to buy a new house.
In a thread posted on his X profile, Bernardos strongly recommends the Arcosur district in Zaragoza. According to him, this growing area represents an ideal opportunity for those looking to invest in a property that still has potential for capital appreciation in the future.
Among the reasons why Bernardos recommends Arcosur is the competitive price of the properties compared to other areas of the city. “Useful meters: 80, terrace: 25 m², all exterior rooms, parking, storage room, community pool and garden. Sale price: 202,000 euros (last week),” details one of the houses recently sold in this area.
What is the best real estate investment in new homes in Spain? It is in Zaragoza in Arcosur.
M useful: 80
Terrace: 25 m
All exterior rooms, parking, storage room, community pool and garden.
Sale price: 202,000 euros (last week).– Gonzalo Bernardos (@GonBernardos) August 30, 2024
“It’s a good opportunity for later rent or even sell. Rental profitability is the highest in Zaragoza. The price increase will be higher than in the city center. The center will improve much less than Arcosur,” adds the economist.
Why is a peripheral district so profitable according to Bernardos
Although Arcosur is located on the outskirts of Zaragoza, Bernardos highlights its excellent connection with key work areas such as the PLAZA complex, as well as its easy access to main communication routes. “Good investments are not made in the city center, but in promising places,” he says.
In his analysis he mentions that in cities like Madrid, peripheral neighborhoods like Alcorcón have seen a greater increase in real estate prices than traditionally sought-after areas like the Salamanca neighborhood.
