Over 2000 properties were sold in Malaga to non-Spaniards during the second quarter (Q2) of the year, making it the second most popular province for foreign purchases.
Posts Tagged: Foreign Buyers in Spain
British buyers may be airing on the side of caution when it comes to buying a property in Spain before Brexit, but they are still buying nearly twice as much property than other foreign nationalities, new reports shows.
In the second quarter (Q2) of 2018, a total of 17,338 properties in Spain were purchased by a non-Spaniard, representing a rise of 11%, according to the latest report by the Association of Spanish Land Registrars.
As the Spanish property market continues to flourish, one of Spain’s leading home builders, Taylor Wimpey, reports a 91% increase in new property completions during the first half of the year. In 2008, the Spanish property bubble burst and the global economic crisis halted economic growth, preventing many mortgage holders from paying back their property… Read more »
Spanish residential property prices rose by 1.8% in the last quarter (Q4) of 2017, according to the latest data published by Spain’s property registrars. Last year was a pivotal year for the property market, with both sales and prices maintaining an upward trend. Average property prices (per square meter) grew by 7.6%, taking them to… Read more »