Overseas Buyers Boost Spanish Property Market Recovery
Spain has seen a dramatic increase in overseas property buyers, which has boosted the Spanish property market recovery.
Kate Everett-Alan, Head of International Research at Knight Frank, commented: “Buyers previously looking in neighbouring European countries are seeing value in Spain and the Balearics more. Russian and French buyers are the most active but demand from Swiss buyers has strengthened since early 2012. The remainder of the market is comprised of a mix of northern Europeans (including British and Scandinavians), Chinese, Middle Eastern and US purchasers.”
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