Revealed: How Swedes, Americans and other foreigners spend more when buying property in Spain compared to locals – and where they are purchasing the most [Video]

FOREIGNERS are paying more for their properties in Spain compared to ‘locals’ according to figures from the General Council of Notaries.

The data says that non-residents paid an average of €2,715 per m2 for homes in the second half of 2023- up 6.1% year-on-year and a record figure.

Numbers have returned to 2008 levels with the average total price paid for homes in Spain reaching which €1,712 euros/m2- an increase of 2.1% over 12 months.

READ MORE:

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• Revealed: The hottest locations for foreign property buyers in Spain – as Brits continue to dominate
• Foreign buyers have never been more important to Spain’s property market, writes expert Mark Stucklin: This is who is buying

The highest average prices were paid by buyers from Sweden (€3,077/m2), …