Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

A place in the sun no more? Britons buying less property in Spain and Brexit is being blamed

The sun may be setting on the number of Britons looking to retire to the Costas, and for the first time Germans are buying more properties, reports Graham Keeley in Madrid

Sunday 21 November 2021 20:57 GMT
Comments
A man drives his mobility scooter along the promenada of Levante beach in Benidorm
A man drives his mobility scooter along the promenada of Levante beach in Benidorm (Getty)

Empty shelves, fuel shortages and a lack of seasonal workers are all things that have been blamed on Brexit.

Now there seems to be another item to add to the list – Germans have overtaken Britons for snapping up property on the Spanish Costas.

For the first time, it has been recorded that Germans bought more properties in Spain than Britons, whose fondness for buying a place under the sun has turned some resorts into virtual colonies.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in