Asaf Livnet, founder of Nadlan Spain Investments, followed an opportunistic real estate market in Spain created after years of economic crisis. The company decided to start its investment activity in the city of Barcelona. In the initial phase, the company invested from its own money and with a circle of investors who also worked with it in real estate investments in Israel. The opportunity arose due to the limited housing supply in Barcelona, and the clear geographical boundaries guarantee a firm supply. The real estate crisis in Spain pulled apartment prices down by about 40 percent in Barcelona and Madrid. And in fact, it created a one-time window of opportunity to capture the market at perfect timing.
