So it all looks very rosy, as far as Bernardos is concerned. “After the dangerous decade (2006 – 2015) will come five marvellous years (2016-2020),” he claims. Investor interest, and strong economic growth in Spain (around 3%) will “finish off the hangover and carry the real estate market to a new period of growth.”
Bernardos is bullish despite concern about the global economy, arguing that the international situation will be “compensated for by an increase in Spanish household spending and company investment, especially in construction.”