Post-Brexit Property Bargains Attract New Home Buyers In Spain

The UK’s decision to leave the EU resulted to a number of repercussions which include the country’s own property market. The latest report from Spanish property portal Kyero.com reveals that the post-Brexit property hype have now reached as far as Iberia.

According to Kyero:

1. Price reductions of €500,000 and even higher had been observed following Brexit
2. Bargain property hunters are taking advantage of the price reductions that affected seaside villas, country homes and more
3. Some of the biggest property bargains are now up for grabs as a result of Brexit

“We’ve definitely seen movement in the Spanish housing market that has resulted from the UK’s ‘leave’ vote. There are some Brits who own property here who are now looking to sell up fast, rather than face the uncertainty that the Brexit decision has brought about. The result is that we’re seeing some fantastic post-Brexit bargains on the market: bargain hunters will be delighted to see some of the discounts available on everything from cosy apartments to premium villas right now.”

At the upper end of the market is this luxurious, contemporary villa with pool in Estepona.

Estepona-Villa, Newsletter

Previously on the market for €3.995 million, the villa has been reduced to €3.45 million, providing one lucky buyer with a jaw-dropping discount of over €500,000. This gorgeous four bedroom villa with pool and terraces overlooking the whole of Barcelona has also been reduced by more than €500,000, down from €2.5 million to €1.95 million.

30454427_original

The middle of the market is also packed with post-Brexit bargains. This four bedroom villa in Javea, split over three levels and complete with pool and sea views, has been reduced by more than €100,000, with the asking price dropping from €695,000 to €590,000.

Even buyers with €250,000 or less can take advantage of the post-Brexit bargains available in Spain right now. This semi-detached house with pool, barbecue area and large, mature garden with fruit trees has been reduced to €250,000 from €279,000.

“It’s definitely the time to shop around when it comes to Spanish property,” continues Kyero.com’s Martin Dell. “There are some fantastic bargains to be picked up and buyers can enjoy impressive discounts on everything from country villas to seaside splendours.”

Help Add To This Page - Send Us a Tip or Comment - Add a Photo - Suggest a Correction...

*

Solve : *
21 ⁄ 7 =


This site uses Akismet to reduce spam. Learn how your comment data is processed.