3 Nov, 2018 @ 09:08
1 min read

British and Irish main drive behind surge in property investment in Spain

malaga property e
Foreign demand (Courtesy of Spanish Property Insight)

THE Brits and Irish have been the main drive behind a surge in foreign investment in Spanish property.

According to the latest report from the Association of Spanish Land Registrars, foreign demand increased by 11% to 17,338 sales in the second quarter of this year compared to last.

And despite Brexit, the British were still the biggest group of foreign buyers, making up 15% of the foreign market.

It is still almost double the size of the next biggest group – the French.

The Brits are also growing faster than the next two biggest markets, with the French demand taking an 8% dip.

And it it is the Irish who have returned with a vengeance, with demand from the Emerald Isle booming by 47%.


Laurence Dollimore

Laurence has a BA and MA in International Relations and a Gold Standard diploma in Multi-Media journalism from News Associates in London. He has almost a decade of experience and previously worked as a senior reporter for the Mail Online in London.

GOT A STORY? Contact [email protected] or call +34 951 273 575 Twitter: @olivepress

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

mosque madrid central
Previous Story

Discover how Islam has enriched Spain with architecture to worship

Next Story

Andalucia warships propping up Saudia Arabia’s war chest as Yemen war produces ‘worst famine in 100 years’

Latest from Lead

Go toTop

More From The Olive Press