The Statistical Information Center of Notaries in Spain has just released its last report of Foreigners activity on the property market. During the first semester of 2017, the sale of free housing by foreign buyers accelerated by 13.4% year-on-year to 50,087 purchased property.
This equals to 19.4% of all the transactions during the first six months of the year.
Which nationalities pay the highest price per m² in Spain?
Here is the list of the highest paying nationalities in Spain:
- Sweden €2,250
- Germany €2,126
- Switzerland €1,993
- Denmark €1,951
- Norway €1,934
- Russia €1,822
- France €1,728
- Netherlands €1,723
- Belgium €1,676
- Italy €1,659
It is interesting to read this table with the chart we published last week:
Who are the biggest buyers of real estate in Spain?
Why is there such a big discrepancy between nationalities?
This price discrepancy on real estate prices paid by foreigners in Spain could come from many factors: each nationalities are buying in different regions of Spain: some are buying inland, some are buying with views on the sea, some are buying in cheap regions, some are buying in expensive regions,…
Check the prices paid per regions by foreigners during the first 6 months of 2017 and the evolution they had since one year:
If you want to read more on the subject and you missed our two papers of last week:
- Which are the top 10 Spanish cities where foreigners are buying properties NOW?
- Who are the foreigners buying properties in Spain in 2017?