DEXTER, the specialist in financing second homes
Second homes on the Spanish coast are a major attraction for foreign investors, indisputably. 44% of transactions in Alicante are from international buyers, followed by Santa Cruz de Tenerife (35%) and Málaga (33%), according to Registradores data.
Spain is not only one of the European countries preferred by foreigners for summer holidays, but also one of the destinations par excellence for real estate investment, especially in coastal areas. Not only the aforementioned, but also the Balearic Islands (31.7%), Murcia (24%) and Las Palmas de Gran Canaria (22%) are the main places of interest.
DEXTER has established itself, over the last five years, as the leading financial operator in the field of investment funds, which has helped with developer loans to entrepreneurs operating on the coast throughout Spain, especially in beach and golf areas. In this sense, the company's president, Yeidy Ramírez, points out that "it is normal that our country, due to its characteristics, is one of the most prosperous residential destinations on the continent. Not only because of the climate, but also because of the lifestyle, the culture, the gastronomy, the security... everything encourages those who are able to invest to enjoy long periods of time here," concludes Ramírez.
These second homes are being used both as an investment and for enjoyment, as the owner can and often does rent out the property during the time it is not in use. The British are the most interested. After them, the Germans and the French stand out.
