02-12-2016 16:17 via theguardian.com

Brexit vote dents British demand for Spanish property

Purchases by Britons on Costa del Sol and Costa Blanca have slumped by about 50% since EU referendum, says housing expertThe number of homes in Spain sold to British buyers has slumped since the Brexit vote and the fall in the value of the pound.Sales in the third quarter of this year declined 16% after steadily increasing since 2011. Last year the strong pound led British buyers to purchase almost 10,000 Spanish properties, up 42% on 2014, giving them a 21% share of the number of homes acquired
Read more »