Spain 'still popular' with overseas buyers

International money transfers to Spain are likely to still be high on the agenda as the country's property market saw high levels of interest last year.

According to research conducted by Kyero, buyers are showing a particularly strong interest in the lower end of the market.

In fact, the €50,000 to €150,000 price range accounted for 47.2 per cent of interest in the first half of the year and 45.7 per cent of interest in the last six months.

Furthermore, properties priced under €50,000 saw an increase in inquiries, accounting for 15.1 per cent in the first six months and 17.4 per cent in the second.

Alicante proved to be the most popular region, accounting for 33.8 per cent of all enquiries in the first six months and 34.8 per cent in the second.

Meanwhile, Malaga showed constant demand of around 13.2 per cent of all interest and Granada and Murcia gained ground.

Using an international money transfer to snap up property in Spain can help lower costs by avoiding high foreign exchange fees often charged by high street banks.

Click here to make an International Money transfer to Spain

Posted by Chris Smith