Scandinavians Flock to Spanish Real Estate
Taylor Wimpey España has seen an influx of Nordic buyers in the southern coastal area of Marbella, where they comprised 80% of all sales in luxury developments handled.
“Spain’s economy is the fastest growing in the Eurozone, bringing greater confidence back to the property market and thus attracting demand from North European countries. Over the last few years, we have seen a real boost from Swedish buyers especially.
Norwegians and Danes are also increasing their Spanish property purchases. Norwegians made up 2.2% of foreign sales in 2017, while Danes accounted for 1% of sales, according to the annual data from the Spanish registrars.