During the second quarter of this year, 16,209 houses in Spain were sold to foreigners, but what are the most popular areas among these foreigners? The map below, elaborated by the Spanish Association of Land Registrars answers that question.
The map shows the percentage of sales in each province where a foreign buyer was involved. The higher the market share of foreign buyers, the darker the color.
41.8% buyers Alicante is a foreigner
The market with the highest percentage of buyers of foreign origin was the province of Alicante in the Valencia region, or the Costa Blanca, where 41.81% of home sales in the second quarter involved a foreign buyer.
This is followed by the province of Tenerife in the Canary Islands (28.91%), Malaga (Costa del Sol, 27.9%), the Balearic Islands (27.49%) and Girona (Costa Brava) in Catalonia (26.04%) .
In many provinces in the north and west of Spain there are hardly any foreign buyers, especially in the Galicia region, where less than 1% of home buyers are not Spanish.
In general, European buyers, with the British in the lead, buy on the coast and on islands in locations that are coloured orange and red. Economic migrants from North Africa mainly buy in the northeast and cities in provinces with a dark yellow color. In the many light yellow provinces there are practically no foreign buyers.
Numbers per region and province
Although no official figures are available regarding the absolute number of homes sold to foreigners by region or province, Spanishpropertyinsight.com has calculated the percentages of how many homes were purchased by foreigners by region and province. The numbers are processed in the tables below.
Source: Spanish Property Insight
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