Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain accounts for one-fifth of all searches on property portal

Wed 16th Feb 2011

The head of Rightmove's Overseas division has said how many Brit's are happy to consider a foreign mortgage to help finance the purchase of their property in Spain.

This follows the recent publication of a report by Spain's National Statistics Institute (INE) noting a fall in property sales in the number of property transactions of 0.4% in 2010 when compared to 2009.

Robin Wilson spoke of how the country accounts for 20% of all international property searches on the portal. "Whilst there are opportunities or pain - depending if you are a buyer or vendor - in those areas of Spain with oversupply, we're still seeing healthy traffic and interest for quality properties," he said.

He also noted that areas away from resort-style offerings are becoming increasingly more attractive to potential buyers, with smaller towns and villages in inland locations growing in popularity.

There is no indication that the Spain will lose its place at the top of the table for Brits considering a foreign mortgage and investment in an overseas property, he suggested.

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs