In 2018, expats have bought over 65,000 homes in Spain.

It's estimated that approximately one million non-Spaniards are living in Spain, and Marbella, in Malaga province, is one of the most popular locations for non-Spaniards to live. propertyfinder qatar

Expats' housing transactions in Spain increased by 7.6% in 2015, according to a report by the College of Property Registrars (Colegio de Registradores de la Propiedad). Housing increased by 8.2% and non-Spaniards' property purchases weighed in at 12.6% of total sales in 2018, the highest figure in the last 10 years.

According to the Real Estate Registry Statistics report, the fourth quarter of 2018 had the lowest sales numbers of the year. There was a year-on-year rise of 11.3% in the number of housing transactions, and the figure was the highest in a decade. Property prices increased by 8.2% in Spain when compared to last year.

In the fourth quarter, sales of new and used housing increased by 7.4 percent over the third quarter, while the year-on-year decrease was 9.8 percent.

Additionally, there was an increase in foreign activity in Spain during the year just past, according to the Registrars. For the ninth consecutive year, interannual sales records were set, and for the second year in a row. Last year, the firm broke the barrier of 60,000 transactions with an increase of 7.6% more.

Foreign citizens purchased 12.6% of total sales. The number of operations performed grew, but the weight of those operations carried out by expats was lower than previously. To make things even more interesting, it is the lowest percentage since 2013.

Regardless of nationality, the British continue to hold a strong market share of international real estate purchases in Spain, making up 15.3% of the total. After the British, the Germans (7.4 percent), the French (7.4 percent), the Belgians (6.3 percent), the Swedes (5.9 percent), the Romanians (5.5 percent), and the Italians follow (7.4 percent, 7.4 percent, 6.3 percent, 6.3 percent, 5.9 percent, 5.5 percent) (5.4 percent ).

Brits have once again bought more properties in Spain, exceeding, by a small margin, 10,000 deals.

"On the other hand, a higher level of British demand can be seen in 2018, compared to the previous year. Most other nationalities in the leading group have, on the other hand, presented a lower number of home purchases in 2018 compared to the previous year "has called attention to the registrars.

Sunshine and beach tourism are major attractions for expats living on the east coast of Spain and the islands. "Most tourists from European countries are citizens of countries with high per capita incomes. Work-based foreign demand is on the rise as the country's economic recovery progresses, which is demonstrated by an increase in GDP and employment "They provide all of the specifications.

In 2018, the province of Alicante in Spain is still the most popular place for foreigners to purchase housing, and this has been the case for several years. For the fourth quarter of 2018, foreign citizens accounted for 41.28% of all house purchases in the province. Balearic Islands follow behind Alicante with 34% each. The above-mentioned provinces have a level of purchases by expats above 20 percent: Malaga (29 percent), Girona (25 percent), and Murcia (22.7 percent).