Lithuanian and Polish residents are increasingly buying property in Spain due to the war in Ukraine and quality of life.
🔗 Read the article on delfi.lt
[This is an automatically generated summary, for reference only]
Residents of countries affected by the war in Ukraine, including Lithuania, Spain, and Poland, are reacting to the conflict by purchasing real estate in foreign countries. A discussion with representatives from these nations explores their plans for property in Spain, focusing on the quality of life. One Lithuanian resident moved to Spain permanently due to the perceived insecurity in Lithuania, citing better quality of life and remote work opportunities, purchasing a home in Alicante for over 100,000 euros. A real estate broker notes that the war has significantly increased interest in Spanish property among Lithuanians, with many viewing it as a potential future option or an investment, though most purchases are for rental income or holidays. Typically, Lithuanians look for one or two-bedroom apartments costing around 100,000 to 150,000 euros, or larger homes with amenities for those with bigger budgets. Furthermore, Polish residents are also actively interested in Spanish property, primarily due to the war in Ukraine, often choosing southern cities like Marbella and Costa del Sol, frequently seeking ready-to-move-in properties, and sometimes buying multiple properties for both living and rental purposes. A Spanish real estate agent confirms a threefold increase in Polish interest in Spanish property compared to the previous year.
