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Real Estate Watch
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Suggestions
If Spanish developers wish to pass on their own experience and expand into other countries, they should aim at markets where there is strong potential demand for housing and possibilities of there being efficiency gains in complementary industries and, also, great improvements in the financial system.
Moreover, in more restrictive markets, it would be advisable to have in-depth knowledge of the regulations in force, especially in relation to planning aspects and permits, and of the administrative procedures to be followed in order to build the real estate development. There are other aspects peculiar to the markets, such as those related to marketing products or consumer protection, which also condition the competitive advantages of the different players.
In short, expansion in other markets requires a certain command of elements other than those strictly related to the efficiency of the real estate development business.
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