The abolishment of Spain’s golden visa scheme won’t deter wealthy foreigners from purchasing luxury homes, as their primary motive is profitable investments rather than residency, according to Spanish real estate experts. The experts believe that the allure of Spain’s real estate market will continue to attract affluent buyers seeking lucrative opportunities, despite changes to the visa program. Wealthy individuals are expected to maintain their interest in Spanish luxury properties, driving ongoing investment in the country’s real estate sector.
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Housing market has strongest start in three years — see how your area fared
The UK housing market has experienced a strong start with new sales agreements up 12% compared to last year, driven by buyers rushing to complete purchases before the stamp duty changes on April 1. The average house price has risen to £267,700, rebounding from a previous dip, supporting a 2% increase in house price inflation. However, there are signs of prices leveling out as mortgage rates rise and buyers have more property choices. Full Article
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