Can foreign buyers boost Spain's property market?
13 August 2011 @ 09:14
The most prolific buyers of Spanish properties have traditionally been Brits, but the strong euro is making it more difficult to find investors from the UK.
Speaking to The National, head of Spanish Property Insight Mark Stucklin explained that there has been increased interest from other European countries, as well as buyers coming from China and the Gulf.
He stated that they are "taking advantage of reduced prices and in some cases distressed sales from banks who are prepared to offer very attractive financing".
Read more at IBI Times
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