The foreigners buy 13% of Spain’s housings.

The foreigners buy 13% of Spain’s housings.

The foreigners buy 13% of Spain’s housings.

The price of housing increased by 4,4% in the second quarter. Between April and June there were 119 408 sales/purchases including 13,1% buying of foreigners. In terms of interannual there were 56 600 properties bought by foreigners.

The purchases by foreigners are allocated to : the British (14,9%), the French (8,5%), the Germans (7,8%), the Belgians (6,4%), the Italians and the Swiss (both with 6,2%), these first six represent the half of the purchases, then the Romanians (5,4%), the Moroccan (4,3%), and the latest the Chinese with 4,1%.

According to Registral Inmobiliaria’s statistics, the mortgage foreclosures have reduced and affect mainly the Spanish (94,5%). Moreover, the assignment in payment have also reduced : 19,1% correspond to the foreigners. Then the mortgage debt has slightly dropped.

Thanks to the Euribor, the interest rate for new loan continues to be at a historic low.

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