Orihuela Costa (Alicante), brand new, 112 m2, 3 bedrooms, 2 bathrooms, swimming-pool, gardens, €181,000


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San Fulgencio (Alicante), 106 m2, 3 bedrooms,  3 bathrooms, enery rating B, €198,900

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Brexit is bad news for the recovering Spanish property market with a real estate conference in Marbella hearing that it is already having an impact with a fall in British buyers.

malaga-playa-de-la-malaguetaInterest from British buyers in locations like the Costa del Sol where they have been the biggest group of foreign buyers for many years, began dwindling in the run up to the European Union referendum in June and since.

Property expert Mark Stucklin told the conference, organised by Spanish appraisal company Tinsa, that British buyers made up 36% of foreign market in the Malaga province last year, more than double the next biggest group from Sweden and 50% of the top six markets combined.

He believes that when reliable figures are made available they will show a big decline in British purchases, perhaps 50% or more in the six months after Brexit. Stucklin said that he also spoke to other property industry professionals at the conference, including lawyers and estate agents and most of them said that Brexit is having a significant negative impact on their business.
...continue reading "British buyers down in Spanish coastal areas due to Brexit"

1. Apartment to rent in Mijas Costa - Long-Term, Málaga province: 2 bedrooms, 1 bathroom, €450/month

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...continue reading "6 Fantastic apartments to rent under €900 per month"