La Marina San Fulgencio Property for Sale

La Marina San Fulgencio Property for Sale

What is the profile of the foreign buyer in Spain?

According to the latest statistics, about 20% of the total purchase of housing in Spain is made by foreign citizens. In this article we explain where they come from.

According to data from the General Council of Notaries from the second half of 2014 until the end of 2016, there have been more home purchase transactions by foreigners than in 2007, in the midst of a housing bubble. It's possible? Let's look at it carefully.

Specifically, during the first half of 2016, the historical record of purchases made by foreigners was surpassed, reaching 43,519 operations.

Spain undoubtedly enjoys a special attraction for citizens of other countries because of its climate, relaxed lifestyle, cheap cost of living compared to most European countries. To all this must be added for years a real estate market that fits perfectly to their needs, both for the wide variety of prices as for the typologies of housing.

The UK, the largest investor market.

The English are still the main buyers of properties in Spain, with 8,282 operations, 19% of the total. Followed by the French (8%, 3,479), the Germans (7.8%, with 3,413), and Italians (6.5%, with 2,815), account for more than half of sales in this period.

On the other hand, there is a strong increase in the purchases of some nationalities such as Ecuadorians, whose operations have increased by 68.2%, followed by Moroccans (49.2%), Swedish (41.2%) and Danish (38 %)

Smart Properties helps you find in La Marina, San Fulgencio, property for sale

Smart Properties recognizes and responds to your needs, offering the best that the real estate market has to offer in this area. We serve you in Spanish, English, Italian, French, German and Russian. Smart Properties is the professional agency that you can rely on to offer solutions, results and advice that will exceed your expectations.

Our listing of homes offers a wide range of houses, including apartments, townhouses, villas, estates, new works, land and rentals. Our properties are located in areas such as sea front, golf course and country houses, including within the most sought after environments of the Costa Blanca South.

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