Where foreigners purchase or rent property during the pandemic in Spain!
The COVID-19 pandemic has various impacts on the property market in Spain. The consequences differ according to region of the world, while changes have also been observed in the supply and demand of properties. But what has influenced foreign demand in Spain since the COVID-19 pandemic? Where do foreigners wish to purchase or rent property during the pandemic in Spain? Let's find out with data from Spain's latest idealist/data annual report for 2020. apartments to sell
Spain's international property market in
2020
Spain's most appealing places for
foreigners
International interest in Spanish cities
property
Spanish property international demand in
2020
According to figures from Idealista in
2020, 9.5% of those in Spain seeking to purchase or rent property are
foreigners. Although searching for housing in Spain is becoming harder for
foreign buyers during the pandemic, the UK, Germany and France are leading the
ranking of countries that look for housing in Spain most definitely did not put
off.
Spain's most appealing places for foreigners
What are the most desirable places for
purchasing or renting a house in Spain during the international coronavirus
pandemic? The provinces of Spain with the largest number of foreign buyers are
situated on the Mediterranean coast, on the Balearic and Canary Islands and are
more than ever close to the sea.
On the coast there are the Spanish
provinces with the highest international interest, with Alicante (28.4%), Santa
Cruz de Tenerife (26.2%), the Balearic Islands (25.6%), Malaga (22.2%) and Las Palmas
(19.8 percent ). This contrasts with other provinces inland where the interest
of foreigners in purchasing or renting households is hardly any, including
Álava (2.2 percent), Zaragoza (2.6 percent), Valladolid (2.6 percent) and
Guadalajara (2.9 percent ).
International interest in Spanish cities
property
The highest rate of foreign interest for
the Spanish municipalities located in coastal provinces is Alicante, followed
by Palma de Mallorca, Málaga and Valencia. British customers are in Alicante,
with French and German closely behind them. It is important to remember that
living in the city is generally not a priority for a typical foreign buyer
except in the major cities. The greatest demand is concentrated in areas along
the coast.
Week property: a luxurious villa in the
Golden Mile of Marbella!
Marbella's Golden Mile is one of Spain's
most exclusive residential areas and is situated on Puerto Banus' Mediterranean
coast west of the resort. You will enjoy a life of luxury and the greatest
relaxation here, home to some of Spain's most prestigious properties, including
this impressive villa.
This magnificent villa, known as Villa
Serenity, has an amazing combination of luxury, modern design, elegance,
tranquility and peace. The 980m2 property consists of a 4918m2 plot, a vast
garden with a luxuriant green lawn, several leisure areas, and a spacious pool.
The villa was portrayed as a unique piece
of art, not just a modern villa, but a luxury eco-friendly building that was
planned to attract all the senses. The property has 4 levels, a large lounge, a
large kitchen with top-of-the-line appliances and a large dining room.
In its 4 floors the property has a total of
8 bedrooms, most of them en-suite and have access to the balcony or terrace.
The property is completed by 9 bedrooms, a home fitness centre, home cinema and
several multifunctional rooms that you can use at your leisure.
The property exudes both an elegant
simplicity and glamor, from its extensive 4-story garden to one of the best
destinations in Spain. All this comes with a price tag though because this
luxurious villa in Marbella is now on sale for 18,800,000 euros to the
idealista.
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