Brits are Keeping Calm and Continuing to
Buy Spanish Property
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Even though there is a lot of political uncertainty in
Britain right now – thanks to the Brexit, the upcoming election, doubts on
Jeremy Corbyn’s ability to lead a party, and a surprising fascination with
Theresa May’s ability to eat chips – it’s good to know that Brits are still
enamoured with Spain.
Brits continue to consider Spain as their main choice when
it comes to going on holiday or buying a home. The numbers of bookings for
flights and hotels has already improved on the record-breaking figures from
last year.
There has still been some concern that the political turmoil
and the weakening of the pound following the singing of Article 50 (officially
beginning Brexit proceedings) would cause a reduction in British demand for
Spanish property.
Richard Spiegal of Spanish property portal Kyero believes
that many brits stubbornly cling to their ideal of buying their ideal home in
the Spanish sun.
It appears that Brits are adopting a familiar approach when
it comes to purchasing Spanish property; that of “keep calm and carry on”. The
Brexit process is – admittedly – going quite slowly, and the UK has been held
hostage by the negotiation cycle, leading many to be in no hurry to give up
just yet.
Spanish property expert Mark Stücklin spoke to the Guardian
newspaper, saying that the uncertainty hasn’t helped by any means, but the best
property markets of the country, such as Ibiza and Marbella, continued to
thrive; drawing interest from Brits, along with other European countries such
as Scandinavia, Germany, Ireland, and even further.
