Dream NestResearch

Dream Nest Research · Partners' edition

International Buyer Report 2026–2027

Who is buying in Spain, where, with what product, how rates are moving and where the market is heading. Prepared by our team for the professionals who work alongside international buyers.

−18 %

Home purchases by non-residents in the first half. Price per m², meanwhile, is up 11.8%.

Consejo General del Notariado (Spanish notaries) · H1 2026
3.948 €

per m²: what US buyers pay, the highest price of any nationality.

Consejo General del Notariado (Spanish notaries) · H1 2026

Inside the report

    Dream Nest Research · 2026–2027

    Las claves del informe

    Seis datos del informe, con su fuente. El análisis completo va en el PDF.

    1. 22.940

      compras de vivienda de extranjeros no residentes en el primer semestre de 2026, un 18 % menos que hace un año.

      Consejo General del Notariado · 1S 2026
    2. 3.493 €/m²

      es el precio medio que paga el no residente, un 11,8 % más que hace un año. Menos operaciones, pero más grandes.

      Consejo General del Notariado · 1S 2026
    3. 15,98 %

      de las compras de vivienda en España las hizo un comprador extranjero en el segundo trimestre de 2026: récord trimestral.

      Colegio de Registradores · ERI 2T 2026
    4. 12,6 %

      de las compras de no residentes son de neerlandeses, los primeros, seguidos de alemanes (11,8 %), británicos (10,4 %) y polacos (8,1 %).

      Consejo General del Notariado · 1S 2026
    5. 3.948 €/m²

      paga el comprador estadounidense: el precio por m² más alto de todas las nacionalidades, un 49 % por encima de la media de los extranjeros.

      Consejo General del Notariado · 1S 2026
    6. ×3

      se multiplicaron las compras de estadounidenses en seis años, hasta 2025.

      Notariado vía Reuters, 9/4/2026

    Cita: «Dream Nest Research, octubre 2026». Las estadísticas públicas pertenecen a sus organismos de origen.

    Recibe el informe completo ↑

    Dream Nest Research · 2026–2027

    Key findings

    Six figures from the report, with their sources. The full analysis is in the PDF.

    1. 22,940

      home purchases by non-resident foreigners in the first half of 2026, down 18% on a year earlier.

      Consejo General del Notariado (Spanish notaries) · H1 2026
    2. €3,493/m²

      is the average price paid by non-resident buyers, up 11.8% year on year. Fewer deals, but bigger ones.

      Consejo General del Notariado (Spanish notaries) · H1 2026
    3. 15.98%

      of home purchases in Spain were made by foreign buyers in the second quarter of 2026: a quarterly record.

      Colegio de Registradores (Spanish land registrars) · Q2 2026
    4. 12.6%

      of non-resident purchases are by Dutch buyers, the leaders, followed by Germans (11.8%), British (10.4%) and Poles (8.1%).

      Consejo General del Notariado (Spanish notaries) · H1 2026
    5. €3,948/m²

      is what US buyers pay: the highest price per m² of any nationality, 49% above the foreign average.

      Consejo General del Notariado (Spanish notaries) · H1 2026
    6. ×3

      US purchases tripled in six years, to 2025.

      Notariado via Reuters, 9 Apr 2026

    Cite as: “Dream Nest Research, October 2026”. Public statistics belong to their original sources.

    Get the full report ↑

    Dream Nest Research · Partners' edition

    International Buyer Report 2026–2027

    A report we prepare for the professionals we work with.

    Every year we look at the international buyer in Spain the way a bank research desk would: the data first, then what it means for the people buying. This edition covers twenty years of history, the market today and our reading of 2026–2027.

    We share it with agents, lawyers, advisers and brokers who look after international clients. It is sent to your inbox: leave your details below and it will arrive within minutes.

    Dream Nest ResearchDream Nest Spain · Bank of Spain credit intermediary no. E156