16,209 Spanish homes were bought by foreign buyers in the second quarter of 2019, but where do they buy?
The market with the highest proportion of property buyers from abroad was Alicante province in the Valencia Region, home to the Costa Blanca, where 41.81% of home sales in Q2 involved a foreign buyer.
Next came Tenerife province in the Canary islands (28.91%), followed by Malaga / Costa del Sol (27.9%), the Balearics (27.49%), and Girona / Costa Brava in Catalonia (26.04%).
In many provinces in the north and west of Spain foreign buyers are almost insignificant in the market, especially in Galicia where they are less than 1% of the market in all four provinces.
Generally speaking, European buyers led by the British, including second home buyers and lifestyle / weather migrants buy on the coast and islands.