Almost 40% Increase in Number of Britons Looking to a Buy Second Home in Spain
Buy home in Spain
There has been marked a 40 per cent increase, during the first week of January, in the number of the United Kingdom’s citizens interested to buy a second home in Spain.
Taylor Wimpey Espana – a real estate company, has revealed that a total of 39 per cent increase has been noted in the UK’s citizens interest to buy properties in Spain, SchengenVisaInfo.com reports.
A surge has been recorded in the number of would-be British buyers, who use their virtual tours to choose dream properties in some Spanish zones such as in Mallorca, Costa Blanca and Alicante.
Besides Britons, German citizens (55 per cent increase) and Belgium citizens (44 per cent increase) are also seeking to buy properties in Spain, which could be used by them to spend their holidays or for other purposes.
“Unfortunately, both the UK and Germany are in lockdown right now, while Spain, France and a whole host of other countries have extensive restrictions in place,” Marketing Director for Taylor Wimpey Espana, pointed out.
According to him, that doesn’t signify that would-be buyers aren’t thinking of “owning a home in the sunshine.”
“The appeal of Spain’s golf courses and expansive beaches is only emphasised by stay-at-home orders. ‘Families are itching to return to normality with a newfound zeal for travel and leisure time,” he stressed.
Since January 1, the UK’s transition period has ended, and Britain is no longer a member of the European Union countries; therefore, many changes have been implemented in this regard.
British citizens will no longer be able to spend more than three months at a holiday home in the EU, after Brexit. Citizens of the United Kingdom will be permitted to stay in European countries without obtaining a visa for a maximum of 90 days every six months.
All Britons must follow this rule; otherwise, they risk to be fined. At present, persons who stay in the EU more than 90 days, in any 180 days can be fined and even deported to their countries. They could also be banned from entering.