Spain Property Market 2025 | Why Foreign Buyers Keep Coming

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.

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.

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:

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.

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.

When buyers explain their choice, it's rarely one thing. It's the combination that makes Spain work.

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.

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: