Revealed: How young people in Spain need to save for up to 61 YEARS to afford a 100m2 flat

YOUNG people in Spain need to save for up to 61 years to afford a 100m2 flat, a study has revealed. Ibiza has made headlines in recent years for its housing crisis, with many people sleeping in their cars and renting out sofas to house hunters. Now, a study by Ener2Crowd, has revealed Vila, Ibiza, is the hardest place in Spain to buy property, with young people needing to save some 61 years to afford a 100m2 flat. According to the crowdfunding platform, on average it takes 53 years to save up for property in the Balearic Islands, making it

Poles, Brits and other foreigners are reserving 90% of new homes on Spain’s Costa del Sol, study suggests

British tourists are caught up in ‘squatter fraud’ nightmare in Marbella: Holidaymakers are met by police after unknowingly paying up to €1,000 EACH to a man who ‘had no right to lease luxury villa’