Foreigners buy homes in Spain
he Real estate market It crosses a golden moment not only paid for the entire internal demand Housing crisis But also to Foreigners ’interest in buying a house in Spain. English is the most attractive to invest in the country. Its existence is the majority, especially in the southern peninsula, and to a lesser extent, also in the islands. Most of them do not buy to live in Spain, but to get a place to rest and enjoy the sun. The same applies to the Germans, who focus on their investments, especially in the Canary Islands and Balearic Islands, while the French prefer Prices higher.
Almost one in five houses were bought in 2024 in Spain by a foreignerAccording to data from the Statistical Information Center in Justice. A total of 139,102 homes, more than 5.9 % for 2023. Only in the second half of the year, operations grew by 10.3 %, coinciding with the reactivation of the market due to the low interest rates by the European Central Bank and after the first half of the year more fixed. Between July and December 69,690 transactions have been registered From foreign buyers, two of each of every five live outside Spain.
Among these non -resident investors, nationalities preferences are discovered when choosing a place to obtain a property. The most patent tendency is that the Germans be by the archipelago. Whether in the Canary Islands or in the Balearic Islands they are the main buyers. In the second half of the year, they focused on these societies 55 % and 53 % of the acquisitions In a row, followed in both cases of English, with a minority weight (11 % and 9 %).
In the global account, The British are foreigners who buy more homes in Spain. Between July and December, they took 3681 homes across the national region, which was added 2,367 citizens who have permanently settled on these show lines. In Morsia and Andalucía, 31 % and 18 % of the acquisitions of non -resident foreigners, in both cases the main buyers, followed by the Belgians and the Dutch.
The last two nationalities also emerge in the Valnessian community, although investments in this region are more diverse. This is a society in which foreigners buy more homes. In the second half of 2024, approximately three out of ten transactions of this type focused – a total of 20,198 operations, more than 6.8 % from the previous year. The presence of Dutch and Belgians is not a testimony. Among the non -residents, they are the third and fourth nationality This is the most investment in homes in Spain, only behind English and Germans.
In the center of a peninsula, the weight of the investor’s origin changes. In Madrid, the purchases of the Chinese and the Americans are highlightedIt represented in a row 18 % and 10 % of the unauthorized operations in the second semester of 2024. It is the only society in which Asian investors prevailed, with their purchases a minority compared to Chinese residing in Spain.
To the north, the French enter the sceneWhich was the main buyers in Castilla Y León, Cantabria, Navarra, Aragon, Catalonia, and seconds in the BC Balad, with a concentration between 20 % and 33 % of operations. The effect of borders is a phenomenon that also shows the West PeninsulaSince the Portuguese are the main foreign buyers in Extreadura and the second in Galicia, where they collect 44 % and 11 % of the purchases, respectively, despite the fact that their presence at the national level is the minority.
Along with the French, the Americans also stand out on the peninsula, and those who have a greater weight in Galicia, Astorias, no Rega and the Backe of Basque. these Investors in North America are distinguished by those who pay the highest pricesWith an average of 3,878 euros per square meter. It is only overcome by Venezuelan and Colombians, with the average square meter price of 5543 and 4,951 euros, respectively. The Ecuadorians and the Chinese also exceed the threshold of 3500 euros, while among the non -resident Europeans who face the most huge amounts are the Swedes.
Buy to live
Foreign investors who live outside Spain are generally distinguished by paying higher prices. In the second half of 2024, the average amount was 3,063 euros per square meter, and 12.8 % more than a year, while Foreign buyers in the country settled average of 1795 euros For each square meter. Among this second group, the majority against non -residents, stands out Moroccans and Romanians In a row, they have adapted in the second half of the year 4,962 and 3,944 homes, 12.3 % and 9.7 % of the total. It is not surprising, according to INE data, respectively, about 14 % and 9 % of the immigrant population in Spain. both of them Most foreign nationalities.
Among the foreign population, these groups are the most weight in all societies, with the exception of Galicia, Madrid and Al -Jazzar. In the first of these areas, the Portuguese and Venezuelans emerge, although the market is completely divided; While in the capital, the Chinese emerge again, Next to the Italians. The latter also has an important weight in the Canary Islands, Balearic Islands and CaloniaThe focus between 26 % and 11 % of purchases. In the Atlantic Archipelago, they share the leadership with the English language, who are also very present on the southern peninsula.
As a repulsive note, Ukrainians They sneak in Asturas as the second main buyers, with 11 % of the residual foreign acquisitions. The presence of this nationality in the Spanish market increased significantly since the Russian invasion of Ukraine in 2022, as well as the inhabitants of this displaced origin due to the war and settled in Spain. Within two years, resident acquisitions increased more than 40 % Until up to a total of 1628 in the second half of 2024, while those Ukrainians unveiled 28 %, although it is still less than half half.
