British buyers may no longer be buying property in Spain but the Swedish are increasingly interested in bargain prices in the country.
According to The Real Estate Agency, the Spanish division of Fastighetsbyrån, Sweden’s leading real estate firm, requests increased 58% in the first quarter of 2012 and June is set to be the second best month for 2012 so far.
Daniel Nilsson, regional manager of The Real Estate Agency, said that Swedes are the biggest buyers at the moment.
'Strong European nations such as Sweden are really beginning to push hard into the Spanish real estate market. Given Sweden’s healthy economy and strong krona, Swedes are extremely realistic about the current economic climate in Spain and recognise that they can buy at a good price,’ he explained.
In 2011, the agency sold almost one in four of all resale properties in Spain to Swedes.
‘Swedes are happy to tap into the somewhat neglected resale market which affords more variety than the new build sector,’ he added.
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