As Fuerteventura continues to attract investors, the allure of Spain’s real estate market remains robust.
Foreign interest in purchasing property in Spain shows no signs of waning, despite a transition into a more stable market following the post-pandemic boom. Recent data from Spain’s notaries for the latter half of 2025 reveals that international buyers are still paying a substantial premium per square meter compared to their Spanish counterparts.
Market Trends
Data from the Consejo General del Notariado indicates that the number of home sales to foreign buyers decreased by 4.4% in the second half of 2025, totaling 66,629 transactions. This segment comprised 18.4% of all sales in Spain, a slight decline from 19.5% the previous year and down from 20.9% in 2023. This decrease follows a significant uptick in activity once pandemic restrictions were lifted, with non-resident purchases peaking in early 2022.
Pricing Dynamics
In terms of pricing, foreign buyers paid an average of €2,479 per square meter for homes in Spain during the second half of 2025, reflecting a 5% increase from the same time last year. The breakdown of costs highlights a notable disparity:
- Foreign non-residents: €3,242/m²
- Foreign residents: €1,963/m²
- Spanish nationals: €1,839/m²
This data indicates that non-resident foreigners, often seeking second homes or investment opportunities, are spending approximately two-thirds more per square meter than both Spanish nationals and foreign residents. Conversely, foreign residents’ prices are more aligned with those of Spanish buyers, suggesting their focus is primarily on primary residences or long-term living accommodations.
Yearly Price Increases
Price trends reveal significant differences among buyer categories:
- Foreign non-residents: Up 5.8% year-on-year
- Foreign residents: Up 9.4%
- Spanish nationals: Up 7.4%
While non-residents continue to pay the highest prices, resident foreigners experienced the most considerable increase over the past year, likely due to growing numbers relocating to Spain or integrating more fully into local life.
Distinct Buyer Profiles
Foreign residents tend to act like domestic buyers, primarily seeking permanent or long-term residences, which explains their proximity in pricing to Spanish nationals. Non-resident buyers, however, are inclined to target coastal regions such as the Costa del Sol, Costa Blanca, and the Balearic Islands, or urban hubs, often opting for apartments and villas with attractive features like sea views and strong rental potential.
Implications for Foreign Investors
For international investors, the recent data underscores that Spain’s real estate market remains competitive, with sustained foreign demand helping to drive prices upward, particularly at the premium segment. Meanwhile, the frenetic pace observed during the post-pandemic surge appears to be receding, suggesting a shift toward more tempered conditions in certain holiday home markets.
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Image credit: www.idealista.com
Source: www.idealista.com.
Curated by Fuerteventura Times Real Estate Desk.
