Estate agents on the Costa del Sol

Arriba Espana!

As comebacks go, the renaissance of the Spanish property market has to rank alongside this year’s Abba reunion or Boris Johnson’s phoenix-like rebirth from betrayed Brexit pariah to foreign secretary.

Whisper it, but Spain, one of the countries hardest hit by the global financial crisis, has become a safe haven, with the economy forecast to outperform both Britain and Germany this year, and Moody’s, the credit ratings agency, estimating that house prices will rise by 5% in 2016, “bolstered by economic improvements and the lowest mortgage rates since 2011”.

From the Sunday Times, 7/8/2016
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