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Brexit is contributing to an ‘alarming’ plummet in property sales on Spain’s Balearic Islands: Purchases to Brits, Germans and others fall by 28% as ‘worrying’ trend emerges

BREXIT is contributing to an ‘alarming’ plummet in property sales to foreigners in the Balearics, experts have warned. The number of homes sold to foreign buyers in the second quarter of 2023 fell by 28% year-on-year, latest figures from the Balearic Association of National and International Real Estate Agencies (ABINI) show. That is the biggest...

Alicante is the third most popular province for property buyers in Spain – with foreigners accounting for almost half of all sales

FAMED for its stunning beaches, lively nightlife, and rich cultural heritage, it’s no wonder Alicante is a leading province for property buyers. In the second quarter of 2023, Alicante was the third most popular city in the property market within Spain, only surpassed by Madrid and Barcelona. Interestingly, foreigners have snapped up almost half of...

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