An increase of 11% year-on-year in Q2 2025 from foreign buyers in Spain
Spain’s real estate market is showcasing extraordinary resilience and attractiveness—particularly among international buyers. According to fresh figures from Spain’s land registrars, the first half of 2025 saw 33,134 property sales to foreign buyers, marking a 15% rise compared to H1 2024—and an impressive 50% above the ten-year average .
In the second quarter alone, foreign-led transactions achieved 24,122 sales, reflecting an 11% year-on-year increase, while matching a robust 46% uplift over the previous decade’s average . Even though local demand remains strong—146,956 domestic sales in Q2, up 18% year-on-year—foreign buyers now represent a commanding 14.1% share of the market, near the top range observed in the past ten years .
Who’s Leading the Charge?
The United Kingdom remains the top foreign investor, followed by Germany and the Netherlands. Particularly noteworthy is the Dutch market, which surged 40% in Q2 year-on-year, making it the fastest-growing key segment. Belgian buyers also showed robust activity growth of 20%, while most nationalities increased their property purchases—except for Russia, which saw a 19% decline .
What’s Fueling the Momentum?
Foreign demand’s strength is striking, especially against a backdrop of rising interest rates, tighter fiscal conditions, and uneven economic growth across Europe. Yet Spain’s strong lifestyle proposition, competitive property prices, and broad investor appeal continue to buck the trend .
Takeaway
As Spain embarks on the second half of 2025, its housing market stands out as a global hotspot for foreign buyers. The surge in demand—across diverse nationalities and especially strong among the Dutch—underscores a sustained confidence in Spain’s property market fundamentals.
For buyers, investors, and agents alike, the message is clear: Spain’s appeal is stronger than ever—but maneuvering this vibrant market successfully requires local expertise and timely execution.
