Brexit uncertainty might be the main news in the UK each days – although a deal might be creeping closer – but, in Spain, the government has been doing its best to pave the way for British residents, from guaranteeing expat rights to most recently announcing it would continue the EHIC system if Britain does the same.
It has been a hot summer here with the majority of people on holiday, including the politicians, and the news has been quite upbeat with Brexit taking only a secondary place. The property market is stable, eco-homes are on the rise and Spain’s most expensive streets are revealed! Plus, mortgages are cheaper, as are petrol and diesel.
With Brexit on the horizon, what’s the mood among homeowners in Spain? Our roving Editor-at-Large Richard Way, a homeowner on the Costa Brava himself, was on the front line last week and found that the joys of life in Spain are unaffected.
The clock’s ticking on Brexit – but is it really ‘time up’ for Brits relocating here to sunny Spain? The media would have you think so. However, British buyers actually increased by 16% this year, so what do they know that others don’t?
A weaker exchange rate isn’t deterring British buyers, we’re just dropping our budget. Even at lower prices the dream of owning a property in the sun goes on.