Obsido Real Estate

Q2 2019 foreign demand for property in Spain: Downward trend takes shape The number of Spanish homes purchased by foreign buyers declined in the second quarter compared to the same period last year – the second consecutive quarterly decline in what looks like a downward trend starting to take shape. The number of property sales deeds registered in the Spanish land regi...

What do you think?

Good morning and 😎

Taking out a mortgage is getting more complex and expensive, which is sure to turn off some foreign buyers at a time when foreign demand is already going soft I see signs that the Spanish mortgage market is heading for choppy waters as a result of Government interference, and it’s not great news for the housing market in general, and foreign buyers in particular. The other day Banco Santander announced their Q1 results and tactfully pointed out that, th...

Q1 2019 foreign demand for property in Spain: first decline since the recovery began The number of Spanish homes acquired by foreign buyers declined in the first quarter compared to the same period last year – the first annualised decline in any quarter since foreign demand started to recover back in 2010, four years before local demand began to recover. The number of property sal...