British buyers back to Spain

In 2013, foreign nationals bought 55,187 properties in Spain, 9.8% more than in 2012 and 21.4% of the total number of properties sold on the open market, according to figures made public by the National Council of Spanish Notaries.
A breakdown by nationality shows 14.9% of the transactions corresponded to British citizens (11.7% more than in 2012, but still far from the 34.3% maximum in 2007, at the height of the property market boom. Other nationalities with a high percentage of purchases included the French (10.9%), Russians (8.2%), Germans (7.8%) and Belgians (6.9%). The number of transactions increased in coastal regions, especially in Valencia (16.9%) and the Canary Islands (15.7%).

Nov 21, 2014

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