By selected region (where foreigners tend to buy), there was a massive increase in Tarragona province, home to the Costa Dorada (+52%), where the recovery has been a long time coming. It now looks like it has finally arrived.
There was also a big increase in Valencia City (+43%), Girona province, home to the Costa Brava (+42%), and Almeria province in Andalucia (+40%).
And here is the picture looking at sales year-to-date, first five months of the year compared to the same period last year.
Sales were down 30% in Teruel – a beautiful, mountainous inland province of Aragon (once tipped as a hotspot for foreign buyers), and 15% in Murcia, which is popular with British buyers but not many others (I suspect). That might have something to do with Brexit.
Source : Spanish property insight
