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July has been a highly volatile month both politically and economically around the world. Over in Europe and the UK, Brexit negotiations dominate the economic landscape and the Pound continues to retreat towards record lows against the Euro. The sentiment in foreign exchange markets is that the EU will be more stable without the UK and this is keeping the Pound suppressed right now.

In property markets, Spain saw an increase in transactions of 2.3% in June 2017 will has significantly boosted the appeal of property to investors and second home buyers. With the general feeling being that Spain is now officially in full recovery from the 2008 financial crisis, there is widespread optimism surrounding the future of property in the nation.

7 Aug 2017
Source: Fuster Associates

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