7/10/2014 – El Mundo
Return of lending will be the talk of the town at the upcoming Sima 2014 Autumn edition fair to be held from 24th to 26th October in Pavilion 1 of Feria de Madrid. Three banks (Bankinter, EVO Banco and ING Direct) have confirmed their participation in the event.
According to the latest statistics, residential market is brushing up the dust with better performance in sales, prices, mortgage approvals and issuance of building permits.
Attended by Over 50 Companies & Institutions
Sima Autumn has by now attracted attention of more than 50 firms and institutions willing to take part in the event. Their number is expected to grow.
Among the exhibitors who confirmed their presence one may find ACP Level, ACR Promociones, Aelca, Allegra Holding, Asprima, Bankinter, Bari Gestión de Cooperativas, Básico, the Community of Madrid, Construcciones Amenábar, two public housing companies: Empresa Municipal de la Vivienda from Rivas Vaciamadrid and Empresa Municipal de Vivienda y Suelo from Torrejon de Ardoz, National Bank of Building Certifiers (Enace), Evo Banco, Fotocasa, Getsa, Gilmar Consulting Inmobiliario, Globaliza, Grupo Inmobiliario Ferrocarril, Grupo Mahersol, Grupo Prometeo, Hercesa, Hermosilla Residencial, Hi! Real Estate, idealista, Ingecasa, Inmoglaciar, ING Direct, Kutxabank Inmobiliaria, Libra Gestión de Proyectos, Luján y Jardín-Home and Place, Magnun & Partners, Metros2, Monthisa, Neinor, Nuevo Arpegio, Pisos.com, Residencial Nature, Pincasa, Poscam, Premier España, Rentalia, Residencial Foresta Valdebebas Inbisa, Serprogresa, ST Sociedad de Tasación, Su Vivienda, TM Grupo Inmobiliario, Tuinper, Vía Célere, Viviendas a Medida and Woss.
Planner Exhibitions, the organizer of the autumn edition of Sima, believes in the arrival of many potential buyers as they have dominated the previous events. As the guests themselves admit, 97% of them come to the fair in search of a home or other property type, whereas 67% declares an intention to buy within a year.
The Sima Otoño exhibition is addressed to diverse kinds of investors. The biggest group of them looks for a primary residence property (both first and repossessed homes), but many also want to buy a holiday apartment. Others visit the fair because they are interested in the real estate market as an investment target.
More than 1.000 people signed up for the event. The number is unusually high if compared to the attendance to the previous editions of Sima.
When it comes to supply location and characteristics, the general public will find around 200 new housing developments, as well as existing homes in the city of Madrid, in the region, border provinces and coastal destinations. The offer comprises both subsidized and unsubsidized properties with various purchase possibilities.
Non-residential products, i.e. offices, retails, CRE and land, complete the supply range. Also, the visitors may sign contracts with such service providers as appraisal, valuation, energy certification or rehabilitation firms, to give few examples.
The main attraction of the event will be the financial entites which will present their mortgage offer, giving details on interest rates and terms and conditions, says Eloy Bohua, the CEO of Planner Exhibitions.
The fair’s opening hours: on Friday 24th and on Saturday 25th of October from 11 am to 8 pm, whereas on Sunday 26th from 11 am to 3 pm.
Original article: El Mundo
Translation: AURA REE