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Property purchases by foreigners in Spain see sharpest fall since 2020

The growing presence of foreigners in the Spanish property market has been blamed by many for shortages and surging prices, but new data shows that non-Spanish buyers - in particular non-residents - are purchasing fewer homes.The Local Spain
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New data from Spain shows that non-Spanish buyers and non-residents are purchasing fewer homes across the country. This sharpest fall since the year two thousand and twenty comes after many people blamed foreign buyers for property shortages and surging prices. If you are a worker considering a move to Spain, this report does not settle how local housing costs will change in the coming months. Keep your CV ready in English while you monitor these shifting housing trends before you make any final plans to relocate.
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