How many properties do the UK buy from Brexit in Spain?
The moment of truth for the highly controversial Brexit is approaching. The latest news points to the Brussels-London agreement for a friendly UK exit from the EU. Countries have begun to examine the effects this will have. In Spain the immobilization sector is calm following information provided by the APCE (Association of Developer Builders of Spain) showing how small the UK was last year's total property transactions. مهنة حرة Juan Antonio Gómez-Pintado, President, explains that, from a total of 513,000 sales transactions that took place between April 2017 and April 2018, the British acquired a total of 8,500 units in Spain, according to APCE data, last year. In addition, the association explains that sales were at 10,000 properties prior to the referendum. The confirmation of Brexit therefore meant only a reduction of 1,500 properties. APCE considers, after analyzing the data, that serious damage would have been caused if the British did not acquire properties once the UK exit...