How Has The Slump In Foreign Tourism Affected The Residential Property Market?
Judit Montoriol-Garriga (CaixaBank Research)| There is no doubt that the pandemic severely affected the property market on the Mediterranean coast and islands throughout 2020 and the first few months of 2021. The slump in international tourism due to restrictions on travel and uncertainty regarding how the health and economic situation would develop have led to a significant decline in the number of foreigners buying residential properties in Spain, plummeting by…
