In the first three months of this year 1,057 homes were sold to Belgians. That’s about 27 percent more compared to the same period in 2013, which was also a record year. Since the Spanish crisis of 2008, the houses and apartments are cheaper by half. “And in Belgium the sun shines less and we pay more taxes. So said by Belgians buying in Spain.“
The Consejo General del Notaria – the Association of Spanish Notaries – has some notable figures published on the Spanish property market. In the first quarter of this year, 81,000 properties were sold, 15,000 of them (18 percent) to foreigners. 1,057 houses to Belgians. “If that trend continues, we break easily Belgium’s record from last year.” When 3,804 houses, villas and apartments were sold to Belgians.
collapsed housing market
Since the Spanish economy collapsed in 2008, Spaniards lost their jobs, they can not repay their loans. There are constantly new homes on the market. The Fleming Koen Bollen (35) can testify to it. One month ago he bought a new house on a golf resort in the Murcia region with communal pool for 130,000 euros. The house on the market in 2007 was sold for 262,000 euros.
“I have been thinking already 5 years about buying something in Spain,” says Bollen. “We have two children. Every year we went to a nice hotel on vacation. For what it cost, I can now pay off our Spanish house. And in the end it’s mine. “