Market Report
Why Spain Stays Popular
Spain is more than a holiday destination. It's one of Europe's most active property markets for international buyers. The numbers tell the story.
In 2024, over 636,000 properties changed hands in Spain. Nearly 93,000 of those were bought by foreigners. That's not a niche market—it's a structural part of how Spain works.
A 14.6% foreign share might not sound dramatic, but consider what it means: nearly one in seven Spanish property transactions involves an international buyer. In coastal regions, that ratio is far higher.
This isn't new. Spain has maintained this level of foreign participation for years. The market is large, liquid, and genuinely international—making it easier to buy and sell compared to smaller niche markets elsewhere in Europe.
Spain Property Market 2024
Where Foreign Demand Is Highest
Not all of Spain attracts international buyers equally. The data shows clear hotspots—and they're exactly where you'd expect: sun, airports, infrastructure, and established rental markets.
Foreign Demand Share by Province (2025)
Alicante province—home to the Costa Blanca North and Costa Blanca South—leads with 33.2% of demand coming from foreign buyers. That's one in three interested buyers from abroad.
These aren't random locations. They share common traits: direct flights from major European cities, established expat communities, strong rental demand, and infrastructure that supports year-round living. Our guide to buying in Spain explains what makes these regions attractive.
Prices Are Rising
Let's be honest: Spain is no longer cheap. Prices have been climbing, and 2025 set new records. But context matters.
In Q3 2025, the average Spanish property value reached €2,153 per square metre—a 12.1% increase compared to the same period in 2024. That's significant growth.
But compare that to what €2,153/m² buys elsewhere:
Spain (€2,153/m²)
Northern Europe (€5,000-10,000/m²)
The point isn't that Spain is cheap. It's that many buyers still get more lifestyle per euro here than anywhere else in Western Europe. Our costs and taxes guide breaks down what you'll actually pay.
Foreign Purchases in 2025
Notary data for the first half of 2025 confirms the trend continues. Foreign purchases remain strong, with volume up 2% year-on-year.
The 19.3% market share in H1 2025 is higher than the 14.6% full-year figure for 2024. This reflects seasonal patterns—foreign buyers are more active in spring and early summer when viewing trips are easier.
What matters is the stability. This isn't a spike or a bubble. It's consistent, sustained demand from international buyers who see value in Spanish property. If you're considering a purchase, our first-time buyer guide is a good starting point.
Why People Keep Choosing Spain
When buyers explain their choice, it's rarely one thing. It's the combination that makes Spain work.
Climate
300+ sunny days. Mild winters. Properties you can actually use year-round.
Market Liquidity
636,000 annual transactions. When you want to sell, there are buyers.
International Demand
Strong foreign interest supports prices in coastal areas.
Value for Money
Modern villas with pools at a fraction of Northern European prices.
Accessibility
2-3 hour flights from most of Europe. Budget airlines year-round.
Lifestyle
Outdoor dining, fresh food, relaxed pace. The daily experience matters.
None of these factors alone explains Spain's popularity. But together, they create something hard to replicate: a place where property ownership translates directly into quality of life. Read about daily life on Costa Blanca to see what this looks like in practice.
What the Data Means for Buyers
The numbers paint a clear picture: Spain's property market is large, active, and genuinely international. Prices are rising, but demand remains strong—particularly in coastal regions with good infrastructure and established communities.
For potential buyers, this means:
Competition Is Real
In popular areas, good properties move quickly. Preparation matters.
Liquidity Is a Feature
A large market means you can sell when you need to—not just buy.
Location Matters More Than Ever
The 33% foreign demand in Alicante vs. lower figures elsewhere isn't random.
Value Still Exists
Rising prices don't mean bad value. Compare what you get per euro.
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