Home sales

Homeownership has always been a part of the American dream. All you have to do is work hard, and you can get your piece of the economic pie. We're a country built on the promise of social mobility, and for many Americans, owning a home means you made it to the top.

The “proptech” companies and the most innovative financial institutions are already offering services that improve the customer experience in the real estate sector.

The agreement reached with Metrovacesa Suelo y Promoción (hereinafter Metrovacesa S.A), in which BBVA holds a stake, represents a significant step forward in the bank’s real estate strategy.  BBVA participated in a non-monetary capital increase, together with the other shareholders, through which the bank will transfer high-potential land holdings intended for housing developments valued at €431 million.

BBVA’s strategy to curb its exposure in the real estate market continues to bear fruit. The Group announced the sale of a 14 office-building portfolio in Spain, codenamed Project Boston.

BBVA’s current strategy to accelerate the sale of the Spanish real estate assets has resulted in the first wholesale transaction of 2017. BBVA’s portfolio consists of almost 3,500 units. The operation had been dubbed Project Buffalo.