The Spanish property market is starting to buzz again with the increase in year on year sales up by a record amount in the last twelve months. 2017 finally saw Sotogrande pull itself out of the doldrums after the market had come to a grinding halt in 2016 following political uncertainty in Spain and the result of the Brexit referendum. The sudden drop in the pound/euro exchange rate caused UK buyers to take stock but, with a more settled rate at just under €1.15 over the last year, these buyers are now returning to the market. The prime area of Sotogrande is on its coastal side and here there is suddenly a shortage of stock for four bedroom houses up to a price of €2 million. This is opening up the market again for villas which sit back a little from the coast, although they often have spectacular views. 2018 is expected to continue in an upward trend and it is hoped that the days of non-stop bargain hunters are over as we settle into a more stable market place.