Swiss buyers moving into Spain, Russians moving out



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    Mark Stücklin

    Swiss head for costas after trouble at home sends Russians packing

    Once parts of Spain were transformed into Little Russia as thousands of property buyers from the former Soviet Republic went in search of villas by the sea. Now, analysts report, a weakened rouble and the economic crisis at home have led to a decline in purchases by Russians in key markets in Barcelona, Madrid and on the costas. The number of Russian buyers fell 42 per cent between 2014 and last year, according to the Spanish Property Registry…..

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