Moroccans and Romanians Among the Biggest Foreign Buyers of Homes in Spain

20 August 2019

The profile of foreign home buyers in Spain is changing as traditional European countries are now accounting for a diminishing percentage, according to a report by the Spanish College of Registrars.

Between January and March, foreign buyers acquired more than 16,000 homes in Spain, approximately 12% of all operations. The British accounted for 13.79% of the total, down from a high of from 37% in 2008. The French also fell from 10% in 2014 to 7.5% in the first quarter of this year. Germans fell to 6.89%, and the Italians dropped to 4.91% from 5.77% in 2017.

Moroccans are now the fourth most active buyers (6.14%), while Romanians are the fifth (6.12%), followed by the Belgians (5.41%), Italians (4.91%) and the Chinese (4.49%).

Original Story: Idealista – Ana P. Alarcos

Adaptation/Translation: Richard D. K. Turner