By autonomous community, the islands lead the results with more foreign buyers. The Balearic Islands achieved the highest result with 32.9% of property sales being to foreign buyers, while the Canary Islands saw 30.49% sold to foreigners. By province, Alicante topped the rankings with 43% of homes sold to foreign buyers. Following was Tenerife (40%), Malaga (34%), the Balearic Islands (32.9%) and Girona (30%). The lowest figures are seen in Lugo, Cáceres, A Coruña, Orense and Salamanca, where foreigners barely make up 1% of home sales.
Surface Area
Regarding the surface area of homes bought in 2017, buyers continue to opt-in most cases for a medium to a large property. Properties with a surface area of 40m² or under accounted for 4% of sales. Those with an area of 40-60m² accounted for 17.6% of sales. Properties with an area between 60 and 80m², accounted for 28.7% of sales. Larger properties, those above 80m², accounted for almost half of home sales reaching 49.7%.
|