Foreigners lead property market

according to the latest provisional data from the ministry of transport, mobility and Urban agenda, real estate transactions involving foreign buyers have increased at a greater rate than those carried out by Spaniards, reaching a total of 134,592 (a rise of 30.6 percent) at the end of 2022.

property transactions by foreigners living in Spain increased by 20.85 percent in 2022, to 71,542 transactions, whilst year-on-year data showed that property transactions by non-resident foreigners –people buying second homes in Spain - increased by 43.9 percent, to 63,050 transactions.

over the same period, real estate transactions carried out by Spanish nationals living in