According to the Ministry of Infrastructure, the transactions carried out by foreigners residing in Spain have grown for the seventh consecutive quarter (21 months). In particular, 5% over the first quarter of 2012, with 8457 purchases.
The total percentage of purchases carried out by foreigners residing in Spain reached 15,5%, the highest rate in history.
The percentage of purchases carried out by non-resident foreigners reached 792, which means in increase of 40% over the same period last year, although it is not a very significant figure. Meanwhile, the purchases of properties collapsed in the first quarter (54.512 transactions, a decrease of 21,5%).