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Has foreign residential investment in Spain been affected in 2020?

26 April 2021

Indeed there has been a strong impact on the purchase of foreign residential assets in Spain due to 3 reasons.

Has foreign residential investment in Spain been affected in 2020?

Indeed there has been a strong impact on the purchase of foreign residential assets in Spain due to 3 reasons:

  1. The widespread decline in sales of more than 10% has equally affected the international sector that has traditionally accounted for about 15% of the total
  2. The lack of international mobility has been an important brake on international visits
  3. Doubts about the post-Brexit market situation as well as financial uncertainties and thus a possible price drop in the second residence have put the demand in a wait to see t many of the internationals’ purchasing decisions.

 

 

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