Reported 8 days ago
Wealthy U.S. buyers have made significant purchases of Spanish property, paying the highest average prices among foreign investors last year, contributing to the ongoing housing crisis in Spain. Their involvement has quadrupled compared to five years ago, largely driven by economic factors and interest in Spanish culture. While British buyers remain the largest foreign group, their share has declined, indicating a shifting market dynamic, with Spanish property prices rising significantly amid concerns over affordability.
Source: YAHOO