New Report Shows Over 13% Of All Spanish Property Purchases Are From Overseas.
Published: 3rd May 2016
A new report released this week by the Association of Registrars Real Estate Statistics has shown an increasing number of property purchases in Spain are being made by overseas buyers. The report, which covers the last calendar year has shown a seventh consecutive year of growth in the number of foreign buyers, rising from just over 4% back in 2009.
A deeper inspection into the figures shows a number of regional fluctuations, with popular tourist destinations such as the Balearic Islands (35.6%) and the Canary Islands (28.1%) showing higher percentages of overseas buyers than the national average.
We have seen a considerable increase in the numbers of people looking to purchase a property in Spain over the course of the past twelve months, primarily focusing around the key destinations of Marbella and Alicante. If you are looking to buy a villa or apartment in Spain in the coming months, why not contact us today to discuss your requirements in more detail?