Aproperties to market new luxury construction in Madrid

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Real estate agency Aproperties continues to grow.

The Catalan company plans to open a new business line for the commercialization of new housing in the luxury segment, an activity that is already being developed in the Barcelona market, in 2020, according to Armando Lasauca, CEO of Aproperties.

This company focuses on the intermediation of second-hand homes in the premium and luxury segment in Barcelona, ​​Madrid and Valencia. Intermediated last year around 180 million euros. By 2019 the firm expects to grow between 20% and 25%.

The company entered the segment of new construction promotions sales in Barcelona, ​​taking advantage of the experience of the commercial team until then focused only on second hand. Starting next year, that jump will also happen in the Madrid office. It will compete in this segment with other companies such as Knight Frank, Engel & Völkers or Gilmar, in addition to Larvia, an agency with which Berkshire Hathaway, the billionaire company Warren Buffett, has partnered with in Spain.

Aproperties belongs to the Afinance group, which also has Acapital businesses, in real estate investment intermediation, and Aretail in commercial spaces.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.