The report which covers the period to Spain has earned the title of Europe’s comeback kid but to what extent is the country’s prime property market mirroring the economy’s return to growth?
Tagged – ‘Spain house prices’
Recent figures released by the Bank of Spain and the Spanish Government show that the country’s economy is growing at its fastest rate since 2008. Lucas Fox, Knight Frank’s representative office in Barcelona, assesses what this means for the country’s property market.
According to new data from the General Council of Notaries in Spain, US, Chinese and Russian buyers were among the most active foreign buyers in Spain in the first quarter of 2014.
After approval by both Houses of the Spanish Parliament and publication in the Bank of Spain’s Official Gazette the new law allowing non-EU investors to apply for Spanish residency has become law.
Prime markets across Iberia are on a firmer footing with some of its more affluent second home hotspots reporting price growth for the first time since the onset of the global financial crisis.