The Spanish Property Market continues to grow and foreign investors are taking advantage of this positive boom.
Industry experts forecast that 2017 will be the countries eighth consecutive year of foreign buyer property growth. While 2016 proved to be an incredibly important year for foreign buyers in the Real Estate Market, 2017 represents the eighth consecutive year of foreign buyer’s growth and expectations to attract even more international investments.
German, Scandinavian, British and Russian buyers are amongst the most active buyers, records show that overseas buyers have invested 888 Million Euros on Spanish properties in the first half of 2017.
Spain’s impressive Tourism Industry plays a vital role to the positive performance of the Spanish Real Estate Market. According to the National Statistics Institute (INE), 36.3 million tourists have visited Spain in the first half of 2017, an enormous rise of 12% compared to the same period in 2016. The number of tourists using their own holiday homes for accommodation has also increased by 8.5%.
If you are looking for Real Estate Opportunities/Investments in Spain, please contact our team for professional advice and assistance:
Contact: +971 55 257 1919