also a garage crisis

Housing is not the only real estate asset that It is more expensive In Spain. Although the garages remain in values ​​much lower than those of the houses, their sales prices have been growing at a good pace, even revaluing more than 10% (even 14%) in a matter of one year. It stands to reason. After all, they are a caramel for small investors in search of good profitability and their market is closely related to two others that said goodbye to 2024 in positive, that of The cars and Housing.

Fotocasa has launched A report With some clues.

A percentage: 10.2%. That is what garages have been increased on sale in Spain over the last year, 10.2%. At least according to The last report of Fotocasa, which takes as a reference the prices of December.

His study is just that, a study, with his strengths and weaknesses and in which stockings that can move away from the specific values ​​of certain neighborhoods are handled; But it helps to understand how the prices of parking spaces have evolved. Especially because until not the trend ago it was the opposite: its value was in Free fall.

One year: 2021. The study It shows that the turning point in the sale of garages was recorded in 2021. Until that year the market recorded prices in fall, with annual decreases ranging between almost 13% and 3.5%.

In December 2021, however, Fotocasa technicians found a first year -on -year price increase of 3.4% to which uninterrupted increases have followed. The greatest of all was in 2022, with 14.5%. In 2023 it stayed at 7.5%, several points below 10.2% of last year.

A value: € 13,770. In addition to showing interannual variations, the Fotocasa report recludes the prices that, on average, had the garages of Spain at the end of each exercise. And according to his accounts in December 2024 that amount was € 13,770.

The fact is just that, a state average in which very different realities are combined, but it is interesting for several reasons. The main one is that according to the records of Fotocasa the cost of the garages is at its highest level since at least 2015. At that time 13,762 euros per place was charged.

A region: Basque Country. There, in Euskadi, is where Fotocasa He has noted The highest average price in the country. Its technicians estimate that at the end of 2024 almost 21,100 euros per garage was charged, which places it at the head of the communities despite the fact that this amount descended slightly in recent months, with an interannual drop of 1%.

The Basque Country is still at the Balearic Cost (€ 18,683) and Cantabria (16,644). In the opposite pole are Castilla-La Mancha (9,786), Murcia (9,150) and La Rioja (11,112). The highest price increases were recorded in Castilla-La Mancha, with an increase of 34.2%, followed by Murcia, with 20%.

A capital: Gualajara. If more in detail is lowered, the real estate platform shows that last year the parking spaces were more expensive in 73% of capitals from province. Although there are two cities in that upload map that stands out on the rest for its drift: Guadalajara, with an interannual rise of 37.1%, and León (32.3%).

That in percentage terms. If what we are talking about is of euros and sounds, the palm is taken by Cádiz, with an average of 26,552, followed by Donostia (25,775) and Granada (23,895).

The data must be taken in any case such as what they are: references, overall photographs. Within cities there are considerable differences between neighborhoods and districts. For example, in Madrid in December, 11,500 euros were requested for a space to park in Villaverde while in the center that same value was approaching 28,000. There are even extreme cases, such as 185,000 euros They have come to ask for a place in Mallorca.

One question: Why? It was not always the case. Not so much does the value of the garages accumulated collapses of almost 30% In a matter of a five years. That now its price rises even more than that of housing (Fotocasa Calculate That at the end of 2024 8.4%had been increased) is due to several factors, including their attraction for investors in search of assets that are profitable and comfortable. After all, the data of 2024, their rentals already They have been going up.

“The garage places have established themselves as an attractive alternative for small savers or investors because it involves low maintenance and high profitability,” María Matos commentsof Fotocasa. “The garage purchase demand has also been strengthened due to the increase in vehicle sales, which makes them a demanded good.”

A word: regulation. There are more factors that come into play, as they recognize from the real estate platform. “The regulations of recent years, restricting access to vehicles in certain areas, makes having a private square a more valued asset,” Add María Matos.

She points out that the “strong interest” in the squares “contrasts” with the current level of the offer. The picture is completed with The growing demand of housing and the increase in the sale of cars, which closed 2024 with A 7.1% rise.

Images | Tim Smurf (UNSPLASH) and Juan M8 (Flickr)

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