Mark Stücklin
Foreign investors ignore most of Spain.
The chart above tells the story. Foreigners were relevant in just 8 of Spain’s 17 autonomous regions, and almost insignificant in the Spanish capital Madrid. The data comes from the Land Registrars’ Association.
If you look just at those 8 regions (next chart), you see that demand is reasonably diversified by nationality in the Valencian region, Andalusia, and the Canaries, but the French dominate in Catalonia, the British in Murcia, the Germans in the Balearics, and the Chinese in Madrid.
And the next three charts illustrate how foreign demand is distributed by region for the three main markets of the UK, Germany and France. I was surprised to learn that more Brits buy in Murcia than in the Canaries, the Balearics or Catalonia.
Data Hub subscribers can explore this data in much more depth.
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