Recent research data prove that foreigners buy apartments in Spain mainly for holidays and for rental. Recent Eurostat data predicts that Spain will be the most attractive investment location in Europe in years 2018-2020.
Real Estate Market
Spain broke a record in 2017 in the number of properties sold to foreigners. Non-residents bought in Spain 61 000 apartments and houses (7 000 more than in 2016). In 2017 every tenth property was bought by a foreigner. In five Spanish provinces foreigners’ share in the total amount of property market transactions exceeded 30%. The biggest […]
According to the National Institute of Statistics (INE) there was a 23% increase in the sale of Spanish properties in January 2018 in comparison to the same period last year. The number of transactions on the Spanish property market has been growing for 10 consecutive months.
According to the last year forecast the real estate prices in Spain were rising in 2017. The Housing Market Index of the Spanish National Statistics Institute detected 6.7% growth in 2017 and showed the biggest growth since the 2008 financial crisis.