Lucas Fox Spanish Real Estate Market Report / First half 2023
FOREIGN DEMAND: MARKET SHARE BY COUNTRY, H1 2023 Source: Land Registrars Association
FOREIGN DEMAND BY NATIONALITY
By nationality, the UK was once again the biggest market in the first half with 9.1% of all purchases involving a foreign buyer, followed by Germany with a 7.4% market share, and France with 6.9%. Growth varied significantly by country, with Germany retrenching 20%, and the UK 15%, whilst Italy increased by 22% and France by 2%. Eleven of the seventeen markets itemised by the land registrars showed an annualised increase in sales, with a notable jump in buyers from the US, who almost doubled.
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UK GERMANY FRANCE ITALY BELGIUM NETHERLANDS POLAND RUSSIA SWEDEN CHINA UKRAINE REST
1. 2. 3. 4. 5. 6. 7. 8. 9.
9.1% 7.4% 6.9% 5.3% 5.2% 4.7% 3.6% 3.2% 2.8% 2.8% 2.7% 44.8%
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