Home sales to Americans have increased significantly, giving them a chance to enjoy a lifestyle they could not afford in major U.S. cities, but the influx worries upsetting local residents.
The Local
The Local
The Local
14:31 CEST
Has the pandemic made it easier for people to get a mortgage for a Spanish property? Has there been a drop in prices that’s allowed those with less capital to access the housing market? This is what property hunters with less money available for a deposit need to know about Spain’s housing and mortgage market in 2021.
What is the latest?
There were high expectations that 2021 would be the year that property prices in Spain would come tumbling down.
This was forecast by different international credit agencies including Standards and Poor’s, who said the Iberian nation would go from being one of the countries where prices fall the most as a result of the coronavirus crisis in 2021, only to then be among the markets where housing will become more expensive in 2022.