News: Q4 2017 saw sales up 13.3% on the previous year.
Despite continued economic uncertainty, the international housing market in Spain has gone from strength to strength. Q4 2017 saw 24,275 international sales – up 13.3% on the previous year. International sales now represent over 17% of total house sales in Spain.
The international activity report can tell us which locations are the most popular with international buyers. If we look at market share, Alicante tops the list with a massive 50% of housing sales being attributable to foreign buyers – that's over 5,500 properties in Q4 alone! Following closely behind are the islands of Tenerife and The Balearics with 42% and 37% of international purchases respectively. Malaga (33%) and Las Palmas (30%) take the final two places in the top five.
What do the new regulations mean clients (the borrower)? One of the many advantages to the client is that they can now choose which valuation company values the property...
2018 was the best year for the Spanish housing market since the crisis broke out. According to data published by the Spanish Ministry of Public Works, nearly 590,000 homes were sold last year....
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