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By David Fuller 

Foreign investment in Spanish properties is set to reach record highs this year, a new report suggests.

Figures show that foreign nationals spent a massive 888 million Euros on Spanish properties in the first six months of 2017. This is more than double the investment seen during the same period of 2016. What makes the most recent figures even more exceptional, though, is the fact that foreign investment spending on Spanish property in 2016 hit its highest level in over a decade. Last year, foreigners were responsible for 13.2 per cent of all Spanish housing sales.

Yet a recent property market report from global investment management company Jones Lang LaSalle suggests that this percentage will be easily eclipsed this year. This would mark the eighth successive year that total foreign investment in Spanish property has risen.

In spite of Brexit, Brits still make up the largest share of international buyers snapping up Spanish properties, comfortably ahead of investors from France, Germany and Sweden.

What’s more, a recent report from property website RightMove Overseas revealed that Spain is still the most enquired about destination among British overseas property seekers, garnering around 2.5 million searches from the UK every month.

Partly driven by foreign investors, property prices in Spain are also now rising after years of decline and stagnation.

Recent figures released by leading Spanish property valuation firm, Tinsa, showed that the average property price in Spain was 2.3 per cent higher in June 2017 than it was in June 2016.

Moreover, the company’s Spanish house price index has recorded year-on-year price increases in each of the last ten months.

If you are looking to buy property in Spain, download your free guide today.

About Halo Financial

Halo Financial is a leading UK foreign exchange brokerage, offering a comprehensive range of services to individuals and businesses since its inception in 2005. The business prides itself on offering a flexible and personalised approach for each of its clients, simplifying the seemingly complex foreign exchange market to maximise savings in currency transactions, protect against currency risk and make money go further.

Staffed by qualified technical analysts, the company is authorised by the Financial Conduct Authority and HM Revenue and Customs.

“Excellent”, “Reliable”, “Professional”, “Knowledgeable”, and “Helpful”– just some of the great feedback received as a Gold Trusted Service Provider for The team at Halo are proud that customers rate their services so highly and are happy to recommend to others. The company is always striving to provide the best possible service and to innovate services and products in line with customers’ ever-evolving needs.

Halo Financial won Best Customer Focus category in the 2016 Best Business Awards; received OPP Gold for Best Supporting Service; the Gold Award for Financial Support and Innovation from Relocate Magazine, Commendations in the 2016 and 2017 Moneyfacts Awards and has 5 out 5 Star Customer Gold Merchant Status via independent review website,, winning their Gold Trusted Service award. 

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