In the third quarter of 2024, Poles ranked fourth among foreign buyers of real estate in Spain, behind Brits, Germans and Moroccans, Poland's PAP news agency reported, citing Spanish statistics.
Spanish developers and real estate agencies say they have noted a growing interest in apartments from Poles, Ukrainians and citizens of the Baltic states since Russia invaded Ukraine nearly three years ago.
Buyers from Central European countries often cite safety as a key factor in purchasing real estate in Spain, alongside favourable weather and well-developed social services, according to industry professionals.
In mid-October, thousands of Spaniards rallied in the streets of Madrid and Barcelona, demanding better access to affordable housing.
Property prices in Spain are expected to increase by about 5 percent this year, following an over 8-percent rise in 2024, the PAP news agency reported.
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Source: PAP