How international buyers are shaping opportunities for estate agents in 2025

Spain’s property market is set for significant growth in 2025. Foreign buyers, making up nearly 20% of transactions in 2024, are driving activity and spending more than domestic purchasers. Key regions like the Balearic Islands, Canary Islands, Costa Blanca, and Costa del Sol continue to attract the highest levels of overseas investment.

Spain's Property Market Set to Soar with Expats Playing a Key Role

Spain's property market is primed for significant growth in 2025, with experts predicting investments could rise by as much as 20%. The surge in Spain's property market is driven by strong foreign demand. According to the Spanish Notaries’ Association, foreign buyers accounted for 20.4% of the market share in the first half of 2024, marking the second-highest level ever recorded. Lower interest rates, appealing lifestyle, and diverse investment opportunities are positioning Spain as a prime property destination for global investors.

Additionally, apart from being extremely active, overseas buyers are also spending more: On average, they are paying up to 31-33% more per square metre compared to the domestic average, depending on the region.

Key Regions Remain Hotspots for International Purchases:

Spain’s property market continues to thrive, with key regions emerging as hotspots for international buyers.

• The Balearic Islands lead the way, with overseas buyers accounting for 33% of property purchases.
• The Canary Islands follow closely at 31%.
• Málaga along the Costa del Sol sees over 30%.
• The Valencia Community (Costa Blanca) also boasts 29%.

Specific areas within the provinces of Alicante, Málaga or Balearic Islands, particularly popular tourist destinations, can even exceed 50% foreign investment. These areas, renowned for their stunning coastlines and enviable lifestyles, remain magnets for overseas investment.

The British remain the leading nationality among foreign property buyers in Spain, accounting for 8.4% of purchases. However, their share has declined compared to previous quarters. Following them are the Germans, representing 7%, and the Romanians at 5.3%. The French and Italians closely follow, each making up 5.2% of foreign buyers.

Promising Market Projections: Don’t Miss Out on Them

With 566,000 sales projected for 2025, Spain’s property market shows no signs of slowing down. This growth trajectory heavily influenced by foreign demand provides estate agents with an exceptional opportunity to connect with motivated buyers eager to invest, and we’re here to help you maximise its potential.

Last year, thinkSPAIN attracted 25 million website visits, saw 850 million property views, and received enquiries from 130 countries. More importantly, it was trusted by over 3,500 estate agents. These numbers place us as the leading Spanish property portal for international buyers. By listing your properties on thinkSPAIN, you ensure they are front and center for serious buyersactively seeking their next investment.

Additionally, the first quarter is a pivotal period when international buyers typically plan their spring and summer purchases. thinkSPAIN experiences an average 35% increase in demand in Q1 compared to other quarters, reinforcing the importance of staying prominent during this key period. Don't miss out on this opportunity to reach the right audience at the right time.