The Spanish tax man will fleece anybody owning a property in Spain for every Euro they have got. Sales tax on the Catastral valuation of the property, yearly property taxes rising, stealth taxes, money confiscation by a bankrupt Government desperate for funds. Annual wealth tax. It is only going to get worse.
And yet according to the published figures, over 38,000 foreigners bought property in Spain last year, an increase of 28.4% over 2011.
Go figure, as they say.