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Housing boom

More immigrants and "quickie" divorces are fuelling the housing market as report reckons expats will buy 170,000 homes this year.

According to the recent report the housing boom in Spain is unlikely to come to an end as it is being fuelled by the huge increase in the number of immigrants settling in Spain and the expats are continuing to buy in Spain in large numbers.

Apparently 9% of the population of Spain are immigrants and they are predicted to buy around 170,000 homes this year.

The housing boom is also being bolstered by the number of families splitting up and the divorce rate has increase since the introduction of the quickie divorces in Spain. This has resulted in an 80% increase in the number of divorces and the resulting increase in the number of extra homes required.

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