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Zulia Real Estate Chamber reported a rebound in rentals after oil reactivation

Rosalig Urdaneta, president of the Zulia Real Estate Chamber, reported a rebound in real estate transactions and rentals in 2026 following the reactivation of the oil industry and the restoration of diplomatic and commercial relations with the United States.

The Zulia Real Estate Chamber reported a rebound in transactions and average ticket prices in the first quarter of 2026, particularly in residential and some commercial properties.

Demand shifted from containment to acquisition of land, unfinished properties, and moderate-sized industrial spaces (500-1,500 m2).

The second quarter saw a decline in sales and a rise in rentals, especially commercial, accentuated by the temporary paralysis following the June 24 earthquakes.

The reactivation of the oil industry and restored US relations generated high demand for technical, administrative, and housing infrastructure for international oil service companies.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-09-18 — not reviewed by a human editor.