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Buyers can’t get enough of Spanish property

Author:   |  March 16th, 2017

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Spain has been in TheMoveChannel’s top two countries for 10 months, always having ranked behind the US, until now.

According to TheMoveChannel.com’s latest Top of the Props report, in February 2017 – for the first time in seven months, Spain unseated the US as the leading international property portal’s number one destination, with Spanish property accounting for more than one in seven of its enquiries, representing the country’s highest share of activity since 2013…

At the same time as interest in Spanish property more than doubled month-on-month, TheMoveChannel’s US property enquiries shrunk from 14.65% in January to 11.38% just one month later, relegating it to second place.

“Foreign buyers are still in love with Spanish property,” commented Director of TheMoveChannel.com, Dan Johnson. “Whether it’s holiday home hunters seeking sunshine, or non-EU buyers from the USA or Middle East going for Golden Visas, investors from around the world are still eager to purchase Spanish property,” he said, going on to add that with real estate recovery increasingly gathering momentum, plus mortgage rates at an all-time low, there has rarely been a better time to buy a home in Spain.

Other European countries in the Top of the Props top 10, include Portugal and Italy, in 3rd and 4th place respectively, with France (6th), Turkey (9th) and Germany (10th). Further afield, Indonesia came 5th, while Singapore finished 8th.

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