Foreign Buyers Drive Spanish Real Estate Market, Moroccans Among Top Investors

The Balearic Islands, the Canary Islands and the Valencian Community are the most sought-after regions. These regions particularly attract foreign buyers, who represent respectively 33.37%, 31.11% and 28.79% of the transactions. The Region of Murcia and Catalonia complete the top 5.

"Spain offers a very attractive quality-price ratio, which explains its success with foreign investors," notes Ferran Font, Director of Studies and spokesperson for Pisos.com. Despite a slight rise in prices, the Spanish real estate market remains more competitive than other destinations.

While the British have long dominated the ranking of foreign buyers, we are now seeing a diversification of profiles. In 2014, they represented 15.77% of buyers, compared to 8.37% in 2024. Germans, Moroccans (6.1% of sales), Romanians and French are now the main nationalities of foreign investors in Spain.