Foreign buyers are still key to the property market in Spain, and in fact, as a whole, the sector has seen good results. Between January and June of this year, despite the obvious problems, some 15,930 homes in the Alicante province were purchased by foreigners, almost twice as many as in the same period last year and 40% more than those recorded in the first half of 2019, according to data provided by the Notarial Association of Valencia.
UK citizens remain the most numerous among foreign home buyers on the Costa Blanca. Thus, in the first half of the year, they carried out 2,372 transactions, according to data from the Notarial College, more than double last year and 10% more than in 2019, before the pandemic and the entry into force of Brexit itself.
Extract from article by Mark Nolan – The Leader Newspper