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The demand of foreigners for luxury housing in Spain has increased

26.02.2025
Homesoverseas.ru editorial office
181
The luxury real estate market in Spain is experiencing phenomenal growth. Facilities worth more than 1.5 million euros are particularly attractive to foreign buyers, according to the Idealista report.

The main demand is for large urban centers, such as the Serrano districts in Madrid or Pedralbes in Barcelona, but lesser-known cities and regions also attract significant interest from non-residents.

According to Idealista, the most requested regions of Spain among foreigners are the Balearic Islands, Alicante, Malaga and Girona. The share of requests from abroad exceeds 60%.

According to the Spanish Land Registry, in 2024, investors from abroad made investments in Spain href="//www.homesoverseas.ru/news/V_Ispanii_prodazhi_nedvizhimosti_inostrancam_dostigli_10-letnego_rekorda " title="//www.homesoverseas.ru/news/V_Ispanii_prodazhi_nedvizhimosti_inostrancam_dostigli_10-letnego_rekorda"> a record number of transactions in 10 years. The fourth quarter of last year showed the best quarterly results in housing sales to foreigners of all time.  

According to the agency's statistics, the British, Germans and French bought the most apartments and houses in 2024. Russians are in 9th place.

Source: Idealista, The Pinnacle Gazette

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