American Buyers Prop Up Spain’s Property Market
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Record US Property Purchases in Spain in 2025
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The Surge in US Property Investment
New property market data has revealed that Americans are buying housing at record levels in Spain,and paying the highest prices in the country among foreigners.
Notary figures analysed by housing website Idealista shows several new market tendencies, especially on home purchases by foreigners in Spain in the first half of the year.
According to the findings, not only did foreigners pay the highest ever average prices for Spanish property, but seven nationalities bought more properties than ever before.
READ ALSO: Which foreigners are applying for the most mortgages in Spain?
Along with the Americans, who are hitting record highs albeit from a lower floor, transactions by the Portuguese, Ukrainians, Italians, Moroccans, Colombians and Dutch have all hit historic levels in the first half of 2025.Between them, they accounted for 20,364 property purchases between January and June, which represents 28.6 percent of the 71,155 total transactions by foreigners in the country as a whole, including both residents and non-residents.
What’s driving the Increase?
Several factors are likely contributing to this surge in US property purchases:
- Favorable Exchange rate: The strength of the US dollar against the Euro makes Spanish property more affordable for American buyers.
- Lifestyle Appeal