Buying in SpainForeign buyers in SpainMarket sizingSpain

Top 20 foreign buyers in Spain

Who are the foreign buyers in Spain?

Foreigners bought 65,400 Spanish properties in 2018. But who are the Top 20 nationalities of foreign buyers in Spain?

Top 20 foreign buyers in Spain

  1. United Kingdom with 10,163 properties purchased in Spain in 2018
  2. Germany 4,892
  3. France 4,833
  4. Belgium 4,094
  5. Sweden 3,793
  6. Romania 3,558
  7. Italy 3,519
  8. Morocco 3,146
  9. China 2,577
  10. Russia 1,916
  11. Netherlands 1,779
  12. Norway 1,308
  13. Ukraine 1,033
  14. Poland 988
  15. Algeria 870
  16. Ireland 844
  17. Bulgaria 746
  18. Switzerland 628
  19. Denmark 615
  20. Rest of the world: 14,100

Do you think British buyers are the most important? Think again! Foreign buyers is a long-tail as you can see better if we look at those numbers graphically:

Top 20 Foreign buyers in Spain

1 in 8 buyer is a foreigner

With 12,6% of transactions and 65,400 purchases, foreigners represent 1 in 8 buyer in Spain.
In exact terms, foreigners bought 65,400 properties in Spain while the total number of transactions reached 516,680. Remarkably, this figure is the highest since 2008, confirming the well being of the Spanish real estate market.

Market sizing: how many billion euros?

Spanish real estate market: €85 billion

  • Number of total transactions: 516,680
  • Average transaction price: €166,000
  • Market size = €85.7 billion in transactions

Foreign buyers in Spain: €10.8 billion

  • Foreign buyers: 12,6% of the market
  • Market size of Foreign buyers: €10,8 billion euros

According to the quick calculation above, foreign buyers represent €10,8 billion in transactions.

A video perhaps to discuss this?

A year ago I was interviewing about this with Fotocasa (leading property portal in Spain). You can see the full version in Spanish below.

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