Re: Re: Press articles about the Spanish property situation


@katy wrote:

I thought the Russians were buying them all 😆 😆

The Russians are big in Catalunya this year apparently.
Leaving the CDS free for the newly rich Nordics. I’d tend to trust Arden’s guess of 8000 sales tops, definitely not 40000.

Their preferred destinations are the Costa Brava and Costa Dorada in Catalonia. About 70% of Russian tourists who go to Spain visit the north-east region, with Barcelona the must-see destination. About 750,000 are expected to visit Catalonia this year, 40% more than 2011, spending around €1.5bn (£1.2bn). These are not the oligarchs who were buying up mansions along the costa 10 years ago, but the new Russian middle class getting their first taste of foreign travel.