- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
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.