7 trends in the real estate market for 2021

1. Generous residential units

It is a natural need if we think about the millions of people who have moved their office desks, classroom, or gym at home. When one of the partners has a meeting, the other a yoga class, and the children have online school, and you live in a studio, surely someone will have to sacrifice. Or start looking for a more spacious home.

2. Flexible workspaces

Recent developments on the labour market do not necessarily mean that employees no longer need an office, and companies are not by any means exempted from offering one. But it put employers, architects, designers, and real estate developers to the test. The traditional office spaces have been redesigned so as to offer privacy to employees, but also several square meters per person. Adjustments were also made to conference rooms, while employees that switched to remote work chose to set their offices in livings, lobbies, a coffeeshop corner, or even in a park, as long as a charging outlet is available.

3. Migration from the city to the suburbs or to the countryside and the multifunctional projects trend

Whether we are talking about adjacent areas of capitals and other economic hubs, which offer you modern facilities but in quieter areas, or a major change, such as moving to the countryside, both are on the 2021 list, turning them into points of interest to both developers and investors. At the same time, multifunctional real estate projects have been steadily gaining ground. Clients’ appetite for these is growing especially as they offer access to several facilities besides living spaces – offices, stores, coffee shops, or restaurants all just a few steps away. As such, advantages become obvious: in a crowded city, you will have everything you need to live your life in a safe and efficient manner, thus saving precious time otherwise spent in traffic.

4. Sustainability, sustainability, sustainability

Sustainability seems to be one of the most important trends of the future. From alternative energy systems and intelligent lighting to environmentally friendly materials and electric charging stations in car parks, everything is geared towards saving and regeneration.

5. Generous outdoor spaces

One of the trends in real estate noted by the international publication Forbes is the growing demand for housing with easy access to outdoor spaces, such as gardens and other green areas, cinemas or open-air theatres, and pet pens, among others. After so many hours spent in the home office, it is necessary to clear your mind with a walk, so the closer the green space or entertainment area, the better, and this is exactly what multifunctional projects count on.

6. Increasing demand for experienced real estate agents

Another trend highlighted by Forbes is the growing demand for experienced agents that understand the market and can assist you in making the decision to buy a home. Currently, over 50% of transactions are mediated by part-time agents that are less experienced. When you decide to invest in a new house, you want to make sure it has all the necessary facilities, as well as quick access to services that you might use on a daily basis.

7. Paradigm shift in the area of investment and development

While a house in an exclusive area and built to the highest standards will always be a real estate investment even when currencies fluctuate, the pandemic has created another interesting trend. PwC’s “Emerging Trends in Real Estate” analysis of US properties, but representative of the entire international market, shows Industrial/Distribution as a clear winner. This sector is expected to register growing investments this year, increasing from 3.65 to 3.76 points in Investments and from 3.66 to 3.74 points in the development area.