INSUBCONTINENT EXCLUSIVE:
The number of real estate deals made by Russians in Spain has reached its highest level since the 2014 annexation of Crimea, the RBC news
nationals in January-June 2023 mark a 50% increase from the same period last year.It is also the highest number of real estate deals since
the record-setting 2,573 set in the first half of 2014, when Russia annexed Crimea from Ukraine and came under Western sanctions.Overall,
Spain has seen a 7.5% drop in real estate transactions conducted by foreigners to a total of almost 68,000.While Britons, Germans and
biggest growth.Russians buy more property than they sell in Spain, Anna Larina, CEO of the real estate company NF Group, told RBC.She linked
after the European Commission urged members to end these programs as security and money-laundering risks.
