THE number of homes bought by companies has rocketed since the onset of the financial crisis.
Firms were responsible for 22% of all home purchases in 2013, an increase of 429% from 2007.
In contrast, purchases made by individuals fell from 95% of all transactions in 2007, to 78% of transactions in 2013.
According to the data released by the Association of Registrars, the regions with the highest number of company-purchased properties are the Canary Islands, La Rioja and Catalunya.
The regions with the highest numbers of purchases made by individuals are Extremadura, Cantabria and the Basque Country.