Are foreign buyers returning to the Spanish property market?

Discussion in 'Spanish property' started by Nicholas Wallwork, Dec 10, 2012.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    As a consequence of the eurozone financial crisis real estate in Spain is now more affordable than ever with the number of people looking to snap up a bargain increasing, it is claimed. The volume of foreigners buying property in Spain has increased by 18% from last year, according to online Spanish news portal Invertia, [...]

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  2. therealspanish

    therealspanish New Member

    Foreign buyers are increasingly more attracted to houses on the market in Spain because of the possibility of having a second home in a warmer area that will only cost more or less half or even a third of the original asking prices that were seen in 2008.
     
  3. halley decosta

    halley decosta New Member

    Yes, all the statistics about returning of foreign buyers to the Spanish property market is completely true.Some regions in Spain specially attracts the attention of foreign buyers because here the property rates are affordable and also with excellent quality.There is gradual down fall in the property rates on Spain from the last 8 years.The services in Javea and Moraira near to Costa Blanca specially provides long term rentals to the foreign buyers for enjoying holidays and which attracts there interest in purchasing property.
     
  4. RainerR

    RainerR New Member

    Buy vs Rent

    Compared to last year the property prices have dropped by 9.3% in Spain.
    The overall Global trend is down.
    In the current economic climate, there will be very few European countries where the average prices are not falling in the next 12 months!
    So why buy?


     
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