27% Increase In Foreign Investment In Costa Del Sol Property In 2011

Figures have increase for the secxond consecutive year following years of decline

Figures released by the Bank of Soain show that the foreign investment in the Costa Del Sol property market rose by 27% in 2011
The figures account for 40% of sales made in Spain, which amounted to 4.748 million euros in 2011 
A ccording to the figures  six out of ten foreign housing transactions are arranged by British citizens,  followed by the Germans, who account  for 30% of foreign investment in housing in the province
There was also  a sharp increase in real estate transactions on the Costa Del Sol by Nordic citizens, mainly Danes and Swedes.
  increased for the second consecutive year