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We have been talking a lot recently about the resurgence of British property buyers in Spain.
Recent posts from MarbellaPropertyLawyers blog have focussed on the pressures on existing stock due to a high level of demand Is it your time to Seize the Day? And Ubicación, Ubicación, Ubicación
Now, thanks to a recent report from the Registradores de Espana – the local equivalent of the English “Land Registry” – and some excellent forensic research done by the guys at Majorca Daily Bulletin and marketing guru, Alfredo Bloy-Dawson, I can share with you that not only were the Brit buyers the largest non-Spanish buying group – 12.03% of the total – but they purchased within the first three months of 2022, wait for it ……nearly 20,000 properties in Spain.
In the above period, sales on the Costa del Sol saw 33.7% of purchases going to non-Spaniards.
This makes very interesting reading and clearly shows not only are the Brits back in force but they are leading a vanguard of demand that may well top these dizzying height in future quarters reports.
Should you be interested in discussing the legal process involved in buying a property in the Marbella region, we would be delighted to assist you. Our multi-disciplinary team of bi-lingual, highly experienced and wholly independent Abogados and Asesores Fiscales are ready to help you.
Please call me, Mark FR Wilkins, during usual business hours on +34 600 343 917 or, if you prefer, or e-mail me at mark@roslegal.es
Please note that our posts are for general interest. There is no substitute for proper legal advice tailored to your specific circumstances as provided by a qualified Abogado who is experienced in the application of the Spanish Law.
Nothing contained in this article should be seen or taken as the writer or the publisher providing legal or financial advice.
© Mark FR Wilkins 2022. All rights reserved.