It is estimated that around 300,000 Brits own homes in Spain.
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It is estimated that around 300,000 Brits own homes in Spain, making it a popular destination for those looking to purchase a second home or retire abroad. According to the Spanish Land Registry, British citizens own nearly 15% of all foreign-owned property in Spain.
One interesting fact is that the Balearic Islands, particularly Mallorca, have become increasingly popular among British buyers in recent years. In 2019, Mallorca was named the most popular location for British property buyers in Spain.
Another interesting fact is that the Brexit vote in 2016 caused some uncertainty for British property owners in Spain, as it was unclear what the future relationship between the UK and EU would be. However, a post-Brexit deal between the two parties includes protections for British citizens who own property in Spain.
A quote on the topic from A Place in the Sun, a popular television show about buying property abroad, states: “Spain continues to be the most popular country for Brits buying abroad, and the enduring appeal of Spain’s sun-soaked beaches, historic cities and laid-back lifestyle shows no signs of wavering.”
Here is a table breaking down the top regions in Spain where British homeowners own property:
| Region | Percentage of foreign-owned property owned by British citizens |
|---|---|
| Valencia | 27.3% |
| Andalusia | 25.7% |
| Murcia | 25.2% |
| Balearic Islands | 23.6% |
| Canary Islands | 22.6% |
Overall, it is clear that Spain remains a top choice for British buyers looking for a second home or retirement destination.
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According to John from Spainiacs, the number of British people buying houses in Spain has hit an all-time low due to stricter immigration rules and higher healthcare costs associated with Brexit, leading to a decline in property purchases. The situation is particularly grim in the Alicante region, where retirees are putting their homes up for sale due to the ongoing health crisis and Brexit. While British expats are leaving Costa del Sol, the ones who are staying are moving towards a single expat enclave, often being replaced by Dutch buyers. Nonetheless, the trend is a trickle rather than a surge.
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British buyers in Spain hit nearly 10,000 in 2022 Last year there were nearly 10,000 British buyers in Spain.
Between 800,000 and 1 million British passport holders own a home somewhere in Spain. In 2020, around 13% of foreign-owned homes in Spain were in British hands. Spain is the most popular holiday destination in the world for Britons, with about 17 million British passport holders visiting Spain per year on average.
Current data shows that the number of British passport holders who visit Spain per year is about 17 million on average, which makes the latter the most popular holiday destination in the world for Britons. Moreover, the number of those who own a home somewhere in Spain is between 800,000 and 1 million.
In fact, around 13% of foreign-owned homes in Spain were in British hands in 2020 ².
Also, individuals are curious
Keeping this in view, Are Brits still buying houses in Spain? Answer to this: It might surprise you to know that Brits continue to buy more Spanish property than any other foreign nationals. In 2022, British buyers made up 9.3% of total foreign buyers.
Keeping this in consideration, How many Brits live permanently in Spain? As an answer to this: At a conservative estimate there are 370,000 UK nationals residing in Spain. If you are one of them and you have been living in Spain lawfully for at least five years, you will be able to apply for indefinite permission to reside there, in Spanish “permiso de residencia de larga duración”.
Furthermore, Where do the most Brits live in Spain? As a response to this: And unsurprisingly the provinces housing the Costa Blanca and the Costa del Sol are the most popular. Of Spain’s 50 provinces, Alicante in the Valencia region comes top once again with 76,739 Brits.
Also, How many British own second homes in Spain? “Most are looking for second homes and apartments near the sea.” Between 800,000 and one million Britons own property across Spain, mainly along its sunny southern coast.
Consequently, How many people own a home in Spain?
As an answer to this: Moreover, the number of those who own a home somewhere in Spain is between 800,000 and 1 million. Undoubtfully, Brexit has sparked a lot of uncertainty among those owning property in Spain, as the number of UK nationals buying properties in Spain in the past five years has dropped from 397,000 to 240,000.
Also asked, Do British homeowners have the same rights in Spain?
Answer will be: While currently, British homeowners have the same rights in Spain, as they’ve had so far, this is about to change after the transition period for the UK leaving the European Union ends on December 31 this year.
Secondly, Are the British buying less housing in Spain?
Answer to this: Sources from the College of Registrars claim that, in the absence of data for the third quarter of 2021 which will be released in November, it is clearly confirmed that the British are buying less housing in Spain, and that is a trend that is dragged for years.
Furthermore, How many British citizens live in Spain?
The number of British citizens that lived in Spain was slightly over under 293,171 as of January 2022. Get notified via email when this statistic is updated. Access All Statistics.
People also ask, How many British expats live in Spain? The British expat population is by far the biggest national group of lifestyle migrants in Spain, and has fallen from a high of just under 400,000 in 2012 to 250,000 today, a decline of around 37%. That said, the number of British expats officially resident in Spain at the start of each year rose gently in both 2018 (+1%) and 2019 (+3%).
How many people own a home in Spain?
Answer: Moreover, the number of those who own a home somewhere in Spain is between 800,000 and 1 million. Undoubtfully, Brexit has sparked a lot of uncertainty among those owning property in Spain, as the number of UK nationals buying properties in Spain in the past five years has dropped from 397,000 to 240,000.
Why are Brits buying Spanish homes? The answer is: Figures from the Association of Land Registrars of Spain also show a slight increase in Spanish home acquisitions by British buyers in 2018 (chart below). Perhaps that’s partly driven by Brits looking for home in a European sanctuary after Brexit.
Do British homeowners have the same rights in Spain?
Response will be: While currently, British homeowners have the same rights in Spain, as they’ve had so far, this is about to change after the transition period for the UK leaving the European Union ends on December 31 this year.