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Eastern Europe's rich seeking "refuge" properties in the Balearics
Eastern European countries haven't featured among the main foreign property buying markets.
Andrew Ede30/08/2022 07:33 Thirty per cent of Balearics home buying is by foreigners
Teleworking has been a factor in increasing demand among foreign buyers.
Foreign home buying in the Balearics fell by over 25% in 2020
Coastal areas were most affected by the fall in sales.
UK continues to be Spain's largest foreign home-buying market
There was a 22% fall in foreign home purchases between January and September.
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Sales of properties to foreign buyers forecast to drop 50%
One of the regions particularly affected is the Balearics.
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British property buying recovers after referendum slump
Foreign buying in the Balearics amounted to 40.5% of all transactions.
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