Life in Spain is (almost!) back to normal. The property market has also started to recover, with home sales up 25% this summer, compared to the same time in 2019. But as we near the two-year mark since the start of the pandemic, some Spanish properties are still sat empty, with many receiving little to no maintenance throughout this period.
If you’re dreaming of a home in Spain, but you can’t find the one you want, or it doesn’t fit your budget, buying off-plan could be the answer. Essentially, this means buying a property that’s either not yet built or still in the process of being built, as opposed to an older property (known as a “resale”).
With the easing of travel restrictions, we can now easily hop on a plane to visit and purchase properties in Cyprus. But what will we find there? What’s changed since the pandemic and the end of the Brexit transition period?
The Spanish housing market appears to be recovering from the pandemic. According to the National Institute of Statistics (INE), home sales in August reached their highest level since Spain’s 2007 ‘housing market boom’. And, despite the impact of Brexit and the introduction of the new 90-day rule, the British are still the largest foreign group buying Spanish property.
The enchanting island of Crete is the Greek destination of choice for many international buyers. When asked why, many tell tales of the picturesque landscapes, gorgeous beaches, interesting history and friendly locals.
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