Jalisco-based real estate firm TresG Desarrollos enters the Spanish market, specifically Madrid, capitalizing on a 23% increase in housing and growing credit availability for home purchases.
Background
- TresG Desarrollos has thrived in Mexico with expertise in vertical, horizontal, and hotel development.
- The company is recognized for sustainability and energy efficiency, exemplified by their Altamira Sustainable Townhomes project.
Why Madrid?
- Madrid’s real estate market is vibrant, with transactions averaging 61 days and some properties selling within 24 hours.
- Foreign buyers, including Mexicans, often purchase homes there as vacation properties, investments, or assets.
Challenge and Vision
- The current market is in a standstill, but TresG sees an opportunity to introduce their standards of quality construction and customer experience to Madrid.
- They aim to pioneer sustainable housing projects in this global market, aligning with growing international demand for green real estate.
Quote from Eduardo Godoy, Director General of TresG Desarrollos:
“There’s a niche market of Mexicans looking to buy properties in Spain, but unsure how. We bring the same quality and customer satisfaction from our projects in Guadalajara or Riviera Maya.”
