Engel & Völkers Licence Partner Costa Brava Sud > Blog > Engel & Völkers marks in 2021 its record year in Spain growing

Engel & Völkers marks in 2021 its record year in Spain growing

For the first time in its history, Engel & Völkers exceeds 3,000 million euros in brokerage volume.

2021 has become a historic year. During the past year, the company managed 8,356 purchase, sale and rental operations in Spain, valued at 3,153 million euros, which represented an increase of 88% compared to 2020 and an increase of 65.5% compared to 2019, the year pre-pandemic.

Juan-Galo Macià, CEO of Engel & Völkers for Spain, Portugal, and Andorra confirms that “In 2021 we have been able to overcome ourselves and overcome barriers that seemed insurmountable, such as the 3,000 million euros of intermediation volume”, “A milestone that It has meant a giant leap from the previous record reached in 2018, when we exceeded 2,000 million euros, and which places us well above pre-pandemic levels”, highlights Juan-Galo Macià.


The average price of properties sold by the real estate company in our country in 2021 rose by 14.6%, reaching 700,252 euros; while for leased companies it increased by 2.8%, to 1,976 euros/month.


“Our sales force, both franchises and own centers, has been able to absorb the high and sustained demand for quality real estate last year and make these figures possible. Good teams grow in adversity and this pandemic has shown the strength of Engel & Völkers, Spain”, says Juan-Galo Macià proudly.



"The temporary relaxation of travel restrictions and the return of international buyers during the summer have also allowed recovery effects to be registered in the most exclusive places of second residence" emphasizes Juan-Galo Macià.

 17220 Sant Feliu de Guíxols (Girona)
- Ingresos por comisiones un millón de euros

The historic year of Engel & Völkers



In 2021, it increased its brokerage fees by 39% to €1.27 billion (2020: €937 million) and brokered real estate worth close to €40 billion (2020: €27 billion). “This strong growth is the result of the excellent training of our consultants, with a high level of professionalism; from the constant work in the countries already present and the expansion into markets for first and second homes that are highly sought after internationally, as well as the continuous investment in our digital technology platform”, declares Sven Odia.



Prospects for global expansion and increase in consultants

Engel & Völkers maintains its expansion plans in 2022 under the successful business model of the group. Built on strong pillars of the franchise business coupled with the Market Center concept and company-owned operations, the company expects to continue to grow and attract new consultants around the world. “In order to strengthen the presence of our global brand in international markets, we continue to rely on dynamic people and guide them to write the next chapters of the Engel & Völkers success story with us,” underlines Sven Odia.

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    Spain

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