Foreign Buyers Drive Spain's Property Boom — One in Five Homes in Murcia Sold to Overseas Purchasers

International Demand Remains Strong

Foreign buyers continue to play a major role in Spain's property market, with demand from overseas remaining strong across many parts of the country — particularly along the Mediterranean coast and islands.

According to property registrars, "tourism intensity is the key factor determining the relative share of home purchases by foreigners" — which is why coastal regions dominate.

Murcia: One in Five Homes Sold to Foreign Buyers

In the Region of Murcia, the impact is especially clear. One in five homes sold in Q4 2025 were bought by foreign buyers, accounting for 20.74% of all transactions.

Key figures for Murcia:

• 1,933 purchases by non-resident foreign buyers in H2 2025 — 7.8% of the national total
• British buyers remain the largest group of non-residents at 29.8% of transactions
• Followed by Netherlands and Belgium
• Among foreign residents already living in Murcia, Moroccan nationals lead with 35.1% of purchases
• Coastal property values have surged by more than 30%

Andalucía: 12.5% Foreign Demand

In Andalucía, foreign demand accounts for 12.5% of transactions. While a smaller share than Murcia, the region continues to attract large numbers of international buyers, particularly in well-known coastal areas along the Costa del Sol.

Who's Buying Where?

Across Spain, the pattern is consistent:

• Non-resident buyers: Dutch, German and British buyers dominate, depending on the region
• Foreign residents: Moroccan, Italian and Romanian buyers are most active

What This Means

For anyone looking to buy property on the costas, the competition from international buyers is real — and it's pushing prices up. With demand continuing to outpace supply, particularly in popular coastal areas, waiting to buy means paying more. For those already owning property in these regions, the value of your investment continues to grow.

This article is based on reporting from Spanish News Today, published April 13, 2026. Data source: General Council of Notaries and Property Registrars. This article is for informational purposes only.