The latest report by Registradores de Espana shows that in the first quarter of this year. Poles were responsible for 4.61 percent. all foreign transactions.
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This resulted in the purchase of 1,126 apartments. Compared to the end of last year, the share of our compatriots increased by 0.60 percentage points, which is one of the highest increases among all nations.
Buying a house in Spain. Poles are among the leaders in the EU
Although the British remain the market leaders (6.82 percent share), their interest in Spain decreased by more than a percentage point quarterly. Poles took 8th place in the ranking, behind, among others, Dutch, Germans and Italiansbut the distance to the leaders is systematically decreasing.
Foreign buyers accounted for nearly 14 percent in total. all real estate purchases in Spain, which means almost 25,000. transaction in just three months. European Union citizens dominate, constituting over 58%. foreign buyers.
Experts emphasize that There are rational economic reasons behind the increased market movement.
“Data for the first quarter of 2026 confirm the perception of Spanish real estate as a stable form of capital investment. Market activity remains at a level not seen for nearly twenty years, which will be an important argument for investors when choosing a direction,” says Tatiana Pękala, owner of the Dream Property Marbella office.
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Records on the counter.
The average property price in Spain reached EUR 2,429/sq m, growing continuously for six quarters. New construction is even more expensive – on average EUR 2,655/sq m. Year-on-year prices increased by nearly nine percent, and since the historic low of 2014, Spanish premises have already increased in price by over 122%.
The most expensive locations remain:
- Autonomous Community of Madrid: EUR 4,407/sq m
- Balearic Islands: EUR 4,173/sq m
- Basque Country: EUR 3,474/sq m
- Catalonia: EUR 2,852/sq m
It is the absolute price leader among cities San Sebastian with a price exceeding PLN 6.1 thousand. euro/sq m
Where exactly do foreigners shop?
The activity of non-Spanish investors is concentrated mainly in the coastal area and on the islands. The record holder is the province of Alicante, where almost every second transaction (44.65%) is carried out by a foreigner. Malaga (34.30%) and the Balearic Islands (28.89%) also record high results.
Despite great enthusiasm, the authors of the report recommend caution, signaling that such a rapid price increase may soon lead to a cooling of the market. Investors should be aware that current conditions may change in the coming months.
