Friday, 11 April 2014

Valencia leads foreigner home sales


The Valencian Community has established itself as the leading autonomy in Spain for foreign home sales in the last quarter of 2013, with 33.6% of the national total and 13,436 transactions.


Of these 13,436 housing transactions in the Valencia Region in the fourth quarter of last year, a total of 4,281 (31%) were acquired by foreign residents in Spain, with a total of 424 non-resident foreigners.


A massive 83% of the sales were in Alicante province.


Andalusia had the second highest foreign property sales with 19.9%, followed by Catalonia with 15.5%, the Canary Islands had 11.3% and Balearic Islands 6.5%.


Citizens from the United Kingdom, Germany, Netherlands, France, Norway, Sweden, Finland, Belgium and Russia, were the main foreign buyers for holiday homes or permanent residence.



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