Russians bought 1525 properties in Spain in 2016
Russians bought 1525 properties in Spain in 2016
spainhouses.net
01.03.2017 | 15:57
Properties
Even though the number of deals in 2015 decreased by 14% Russians are still at top 10 of the most active foreign investors in Spain.
Spanish Association of Property Registrars published a report for 2016. According to them, the number of transactions with foreigners increased by 15% over the year.
The Spanish Association of Land Registrars recently published a report for 2016 and according to them, the number of transactions with foreigners increased by 15% over the year. Total foreign buyers purchased 53,500 objects.
Most of the transactions were made with the British (10,156), the French (4338) and the Germans (4121). In the local market are also active buyers from Sweden, Belgium, Italy, China and Norway, reports Spanish Property Insight.
2017 is expected to be less successful for the British buyers due to Brexit and probably more successful to Russian buyers due to the stabilisation of exchange rates.
Spanish Association of Property Registrars published a report for 2016. According to them, the number of transactions with foreigners increased by 15% over the year.
The Spanish Association of Land Registrars recently published a report for 2016 and according to them, the number of transactions with foreigners increased by 15% over the year. Total foreign buyers purchased 53,500 objects.
Most of the transactions were made with the British (10,156), the French (4338) and the Germans (4121). In the local market are also active buyers from Sweden, Belgium, Italy, China and Norway, reports Spanish Property Insight.
2017 is expected to be less successful for the British buyers due to Brexit and probably more successful to Russian buyers due to the stabilisation of exchange rates.
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