What is the profile of foreigners who have bought property in Spain since 2007?
Since the second half of 2014, according to the latest data provided by the General Council of Notaries, there have been more foreign-sold trading operations than in the real estate boom in 2007. What is the reason? What nationalities are these homebuyers?
In particular, during the first six months of 2016 the historical record of operations was exceeded with 43,519 sales made by foreigners.
Spain has a special appeal for citizens of other countries because of its relaxed lifestyle, its climate, a cheap cost of living compared to its countries, and for years a real estate market that fits as a ring Finger to their needs, especially for the economic.
The English continue to be 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%), Swedes (41.2%) and Danes (38 , 0%).
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