Brexit: Spanish property market remains optimistic
Currencies Direct June 28th 2016 - < 1 minute read
Following the European Union (EU) referendum result that saw the UK vote for a Brexit last Friday (June 24th), many investors feared the worst for the future of the Spanish property market.
However, despite such a large wave of doom and gloom over the weekend and at the start of the week, property portal Kyero doesn’t believe that there is going to be a negative reaction amongst the Spanish property market.
Kyero, a portal offering a selection of property for sale and to rent throughout the Spanish mainland and islands, remains optimistic.
An official comment published by Kyero read: “The Brits buy in Spain for the wonderful climate and bohemian lifestyle. That hasn’t changed and houses in Spain will always have a pull for the British purchaser.
“There was a very healthy market for Spanish property before Spain joined the Eurozone and there'll still be a thriving market once Britain leaves. Property prices in Spain remain relatively low, and this is still an excellent time to make a shrewd investment in the Spanish property market.”