Pursuits
British Lead Charge as Cheap Spain Beach Homes Sell
Buyers from abroad are returning to the Spanish housing market, attracted by economic growth that’s beating most of Europe and signs that prices are bottoming out after years of declines.
Photographer: Jose A. Moreno/AFP via Getty ImagesThis article is for subscribers only.
Londoner Barry Leverington said he figures his money is better off in a Spanish home than earning next to nothing in a British savings account.
The 33-year-old bank employee is searching for a property at the Mazarron Country Club in the southern region of Murcia, where two-bedroom bungalows in gated communities near the Mediterranean can sell for as little as 75,000 euros ($85,000). He said he wants to close a deal by this summer.