Source: MSN —
Quality of life, the climate and the kilometres of coastline in Spain are just a few of the things that are increasingly attracting foreigners. Proof of this is that foreigners are buying more homes in Spain than ever before. According to the Association of Registrars, between June and September 2022, foreigners bought 26,728 homes in Spain, which represents 15.92% of the total number of registered sales and purchases and a new record in the historical series of this organisation. These figures show a clear and consolidated upward trend and, above all, reflect the notable strength of the property market in Spain.
Percentage of property purchases in Spain by foreigners
From the Association of Registrars they point out that from 2014 to 2022, foreign demand has represented a very relevant weight in the sale and purchase of homes in Spain, reaching levels that have normally moved between 12% and 14%, with the exception of the period of health crisis as a result of mobility restrictions. However, during the third quarter of 2022, the weight of foreigners in the total number of sales and purchases in Spain reached 16%, levels never seen before.
Where are foreign buyers in Spain from?
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