🏙️ Foreign buyers continue to show strong interest in Spanish real estate. According to the Spanish Property Registrars, foreigners completed 24,791 housing transactions in the first quarter of 2026. This is almost 25,000 purchases in three months and the fourth-strongest quarterly result on record.

📌 Foreign buyers accounted for 13.92% of all housing transactions. This figure is slightly higher than in the fourth quarter of 2025, when the share stood at 13.52%, but lower than in the first quarter of 2025. This does not indicate a decline in interest, but rather a stabilisation of demand at a high level.

👥 British buyers remained the largest group among foreign purchasers, accounting for 6.8% of all foreign transactions. They were followed by buyers from the Netherlands with 6.6%, Morocco with 6.2%, Germany with 6%, Italy with 5.5%, as well as Romania and France, each with 5.2%.

📊 The main groups of foreign buyers in the first quarter of 2026 were as follows:

— British buyers: 1,668 transactions;
— buyers from the Netherlands: 1,604 transactions;
— buyers from Morocco: 1,518 transactions;
— German buyers: 1,489 transactions;
— Italian buyers: 1,353 transactions;
— Romanian and French buyers: 1,272 transactions each;
— Polish buyers: 1,126 transactions.

🏡 The highest share of foreign transactions remains concentrated in tourist and coastal regions. In the province of Alicante, foreign buyers accounted for 44.6% of all housing purchases, while in Málaga the figure reached 34.3%. A significant share was also recorded in the Balearic Islands, Santa Cruz de Tenerife, Girona, Murcia, Las Palmas, Almería and Tarragona.

💼 Against the backdrop of strong demand, housing prices in Spain continue to reach new highs. In the first quarter, the average price increased by 8.9% year-on-year to €2,429 per m². Resale housing rose by 9.6% to €2,294 per m², while new-build properties increased by 6.9% to €2,495 per m².

📈 What this means for the real estate market:

— foreign demand remains resilient even after the end of the investment residence permit route through property purchases;
— coastal regions and islands continue to attract the strongest interest from overseas buyers;
— rising prices make early property selection more important, especially in popular locations;
— buyers increasingly view real estate not only as an asset, but also as a basis for living, holidays or long-term stays in Spain.

⏱️ For Spain, this is a positive signal: the market continues to maintain its international appeal despite political debates around housing affordability and foreign buyers. Almost 25,000 transactions in one quarter show that overseas demand is not a temporary spike, but a stable part of the Spanish real estate market.

🔎 On Realting, buyers can explore current properties in Spain, compare listings on the coast, on the islands and in major cities, and choose real estate that fits their personal purchasing goals.