Almost 40% Increase in Number of Britons Looking to a Buy Second Home in Spain

There was a 40% rise in the number of people of the United Kingdom interested in buying a second home in Spain during the first week of January.

There has been marked a 40 percent increase, during the first week of January, in the number of the United Kingdom’s citizens interested to buy a second home in Spain.

Taylor Wimpey Espana – a real estate company, has revealed that a total of 39 percent increase has been noted in the UK’s citizens' interest to buy properties in Spain, AtoZSerwisPlus.com reports.

A surge has been recorded in the number of would-be British buyers, who use their virtual tours to choose dream properties in some Spanish zones such as Mallorca, Costa Blanca, and Alicante.

Besides Britons, German citizens (55 percent increase) and Belgium citizens (44 percent increase) are also seeking to buy properties in Spain, which could be used by them to spend their holidays or for other purposes.

“Unfortunately, both the UK and Germany are in lockdown right now, while Spain, France, and a whole host of other countries have extensive restrictions in place,” Marketing Director for Taylor Wimpey Espana, Marc Pritchard pointed out.

According to him, that doesn’t signify that would-be buyers aren’t thinking of “owning a home in the sunshine.”

“The appeal of Spain’s golf courses and expansive beaches is only emphasized by stay-at-home orders. ‘Families are itching to return to normality with a newfound zeal for travel and leisure time,” he stressed.

Since January 1, the UK’s transition period has ended, and Britain is no longer a member of the European Union countries; therefore, many changes have been implemented in this regard.

British citizens will no longer be able to spend more than three months at a holiday home in the EU, after Brexit. Citizens of the United Kingdom will be permitted to stay in European countries without obtaining a visa for a maximum of 90 days every six months.

All Britons must follow this rule; otherwise, they risk being fined. At present, persons who stay in the EU for more than 90 days, in any 180 days can be fined and even deported to their countries. They could also be banned from entering.

The EU previously announced that from the day Britain gets officially outside the European Union, the bloc will impose a new scheme called ETIAS (European Travel Information Authorization System). This unique travel system seeks to keep track of who enters the Schengen territory.