Foreigners bought nearly 17% of flats in Spain, a record
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Tags: 17% housing purchase credit economy Spain foreign foreign promotion mortgages taxation VAT ministry ministry building floor floors loans record sale dwelling
The sale of homes added 80.722 operations in the second quarter, the 4,2% less than in the same period 2012, so this economic indicator softened its decline from the first three months of the year, when collapsed 21,5%.
According to data released Wednesday by the Ministry of Development, the 16,9% of homes sold between April and June (13.632) were acquired by foreign, the largest proportion of the time series, initiated in 2006.
La amortiguación de la caída del segundo trimestre refleja una cierta estabilización del sector después del desplome sufrido en el primer trimestre coincidiendo con el fin de la deducción por compra de vivienda habitual y el aumento del IVA que grava la venta de inmuebles nuevos del 4 to the 10%.
Of the homes sold between April and July, the 95,3% were free and 4,7% remaining protected; whereas previously owned homes swept the 82,6% operations and new the 17,4%.
With regard to the nationality of the buyer, transactions conducted by foreign residents in Spain rose for the eighth quarter in a row to pick the 28,4% and add 12.546 operations. For his part, non-residents acquired a total of 1.086 housing. The provinces where most foreigners bought homes residents were Alicante (3.543), Malaga (1.771), Barcelona (1.008), Tenerife (921) and Girona (767).
By regions, home sales rose in only five: Canary Islands (16,2%), Catalunya (12,1%), Murcia (9,5 %), Valencia (3 %) and Andalusia (0,1 %).
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