Spain’s property market to top IMF table following growth in UK and Swedish buyers

Figures from the Organisation for Economic Development (OECD) reveal UK buyers accounted for 21% of sales last year, while Swedish sales increased by 220%, accounting for 6%.

The statistics show that it is still possible to acquire a bargain in Spain, with property undervalued by 26%.

In contrast, the UK and Swedish markets were overvalued by 7% and 114% respectively.

“The Spanish housing market has experienced an encouraging start to the year and with an increasing number of overseas buyers looking to Spain, I would expect this positive trend to continue during the coming months,” said Marc Pritchard, Sales and Marketing Director for Taylor Wimpey España.

http://www.theolivepress.es/spain-news/2016/06/03/

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