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R>Foreigners are increasingly buying property in Spain which has resulted in a slight increase in prices in areas popular with Russian and French buyers, according to estate agents.
The latest figures from the Public Works Ministry show that 8,803 houses were bought by foreigners in the third quarter of 2012, an increase of 18% from a year ago.
This is consistent with the growth in this area in the last five quarters, according to The Spanish Brick agency. The firm said that in the first and second quarters of 2012 it saw an increase of 16.2 and 15.3% consecutively.
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