In 2012, the number of Russian buyers in Spain rose by almost a third - 27%, according to portal Tamworth Herald referring to the Main Board of Notaries of Spain. Thus, the Russians first came on the second highest number of foreign property purchases in Spain. The first place in this ranking traditionally settled by the British.
"The secondary property market in Spain began to revive in 2012. The number of foreign buyers has risen. For example, the number of British buyers has increased by 24%, and Scandinavian - by 311%! Overall performance was better than at any time since the global financial crisis," said Marc Pritchard, sales and marketing manager of leading Spanish house builder, Taylor Wimpey España.
In 2012, 38,312 residents have bought property in Spain, transactions rose by 28.4% compared to 2011. The growth of foreign buyers of property in Spain caused by the affordable prices in the resort areas and improvement the country's image abroad.