The evolution of foreign investment in Spanish property continues.
From the heights of the 7.072 million Euros invested in 2003, followed by 6.650 million in 2004, 5.495 million in 2005, and finally 4.766 million Euros in 2006, the figures for 2007 appear to be bouncing back.
The latest figures available show that up until the end of October, 4.721 million Euros has been invested by foreigners in property, which is some 22,9% more than the 3.840 million Euros invested in the first ten months of the previous year, 2006.
Also, the month of October registered the second larhgest volume of investors for the year with a total investment of 547 million Euros, and that compares very favourably to the 435 million Euros invested in the October of 2006.
When the headlines scream sell, the smart investors move back in.
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