Mark StücklinDutch buyers continue to surge ahead in Spain’s property market, with the latest quarterly figures showing demand at record levels compared to both recent years and the long-term trend.
Rapid growth compared to the wider foreign market
In Q2 2025, Dutch nationals bought around 1,560 homes in Spain — almost 40% more than the same quarter last year, and more than 60% above their ten-year average. By contrast, overall foreign demand grew by just 11%, meaning the Dutch market is expanding at a much faster clip than most other nationalities.
The strength of this growth is clear when looking at the long-term index. Set at 100 in 2015, Dutch demand now stands at 578, compared to 216 for the foreign market as a whole. In other words, Dutch purchases have grown almost sixfold over the past decade, while total foreign demand has just a little more than doubled.
Market share at a new high
This surge has translated into a growing share of the overall foreign market. Dutch buyers accounted for 6.5% of all foreign purchases in Q2 — their highest proportion in at least a decade, and up from a low of just 2.3% back in 2016.
Over the first half of 2025, Dutch buyers acquired more than 3,100 Spanish homes, an increase of 38% year-on-year and around 60% above their decade-long average.
Such sustained growth underlines the Netherlands’ position as one of the fastest-rising sources of foreign demand in Spain.
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