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Monday, May 18, 2015

Is Spain Poised to be an International Real Estate Hotspot Again?

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"Foreigners now make up just under a fifth of the total demand for Spanish property with approximately 19% of all purchases in 2014 being made by international buyers. The period from January to March saw 15,402 purchases by foreigners, which represents a 27.2% year on year increase.  The UK is still # 1 in the ranking of the nationalities of Spain’s foreign buyers, and make up 13.8% of the total, followed by France (10.5%), Russians (8.4), Germans (7.5%) and the Belgians (6.9%).
US buyers lead the pack with increases on year-on-year purchases at 88.9%, followed by China (83.1%), Ireland (78%), France (69.8%) and Russia with a 62.6% rise" - Santiago Herreros de Tejada 
Source:
Is Spain Poised to be an International Real Estate Hotspot Again?


About Daniel
Daniel Ezenyilimba has been involved in Real Estate industry since 1997; he’s married with 2 sons and is a NYSAR Certified Buyer’s Representative, as well as a Seller's Representative Specialist. He is a member of the Long Island Board of Realtors as well as the National Association of Realtors.
Daniel is a member of Phi Theta Kappa, Omega Gamma Chapter; Pi Sigma Alpha, Mu Alpha Chapter as well as a member of Golden Key National Honor Society. Daniel is a member of the Salvation Army, Hempstead Citadel Corps.

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