As Fuerteventura continues to attract investors, foreign home purchases in Spain show promising growth.
Recent notarial data reveals that foreign property acquisitions in Spain reached 71,155 in the first half of 2025, marking a 2% increase compared to the same period in 2024. This resurgence represents the first instance of transactions exceeding 70,000 since late 2022. However, the proportion of foreign buyers in the overall property market dipped to 19.3%, down from 20.3% in 2024 and 21.3% in 2023, a level not observed in over three and a half years.
Among these transactions, foreign residents accounted for 60.9% (43,306 properties), a 6.4% increase, while non-resident buyers comprised 39.1% (27,849 transactions), reflecting a 4.1% decline. This trend indicates a growing dynamism among resident buyers contrasted with a slight downturn in non-resident purchases, a shift noted since the latter half of 2024.
British buyers continue to dominate the market, completing 5,731 transactions (8.1% of the total). They are followed closely by Moroccans (5,654 transactions or 7.9%) and Germans (4,756 or 6.7%). Other nationalities making notable contributions include Italians, Romanians, Dutch, French, and Belgians.
When isolating non-resident buyers, the British lead significantly, especially in regions like Murcia (28.7%) and Andalusia (15.5%). Germans stand out in the Balearic Islands (50%), Extremadura (29.6%), and the Canary Islands (22%). The Dutch have also been active in Murcia and the Valencian Community, while Belgians have made noteworthy purchases in Aragon and Asturias.
For resident buyers, Moroccans recorded substantial shares in regions such as Murcia (38.7%) and Navarra (37%). Meanwhile, Romanians held a prominent position in Aragon and Castilla-La Mancha. Italians were particularly active in the Canary Islands and Balearic Islands, as British residents favored Andalusia and Murcia.
The average price of properties purchased by foreigners has reached a record €2,417 per square meter, up 7.6% year-on-year, marking the highest average ever recorded for foreign buyers. Non-resident buyers drove this increase, with an average price exceeding €3,100 per square meter for the first time, while resident foreigners averaged €1,912 per square meter.
In terms of purchasing power, buyers from the USA and Switzerland led with averages of €3,465 and €3,457 per square meter, respectively, followed by those from Sweden and Germany. Conversely, Moroccan buyers enjoyed the lowest average prices at €747 per square meter.
Regionally, the Valencian Community emerged as the leader for foreign home purchases, with over 20,000 transactions in the first half of the year. Among foreign residents, it accounted for 9,515 transactions (22% of the total), followed by Catalonia and Andalusia. For non-residents, the Valencian Community led dramatically with 11,025 transactions (39.6%).
Overall, foreign sales saw an uptick in nearly all Spanish regions, particularly in Asturias (30.8%) and Castilla y León (25.9%). However, there were declines recorded in some areas, including the Canary Islands and Balearic Islands, indicating varying local market conditions.
This data outlines a vibrant and evolving property market in Spain, attracting diverse international investors while highlighting distinct regional trends.
Image credit: www.idealista.com
Source: www.idealista.com.
Curated by Fuerteventura Times Real Estate Desk.
