In January–June 2025, foreigners purchased 71,155 homes in Spain, which is 2% more than a year earlier; with their transactions accounting for 19.3% of all home sales, according to the Spanish Notary Council. The British lead the way with 5,731 transactions, followed by Morocco with 5,654 and Germany with 4,756, according to notaries.
Among the nationalities that showed historic highs was Ukraine: in the first half of the year, 2,165 home purchases by Ukrainian citizens were registered, which was a record for the series of observations. Citizens of the US, Portugal, Italy, Morocco, Colombia, and the Netherlands also set new records.
According to notarial statistics, the main concentration of transactions with foreigners is recorded in the coastal provinces and islands—Alicante, the Balearic Islands, Malaga, and Santa Cruz de Tenerife. The market continues to show price differences: American buyers paid an average of €3,465 per square meter, the highest among foreigners; Ukrainians paid around €1,832 per square meter, and Moroccans paid €747 per square meter.
According to notaries and the regional press, purchases by Russians fell by 17.4% and remain below pre-crisis levels; they did not feature among the top nationalities in terms of the number of transactions.
According to an analytical report by Relocation, the average price of secondary housing in Spain reached a historic high of €2,555 per square meter in October 2025, which is 15.7% more in annual terms and 1.5% more than in September. In some markets, the growth was even higher: in the province of Malaga, the average price of secondary housing rose to €3,842 per square meter in August, +13.8% year-on-year. The INE’s nationwide housing price index for the second quarter recorded +12.7% year-on-year, with secondary housing rising by 12.8%.
Prices in Spain are being driven by a shortage of supply, high demand in coastal provinces and on the islands, and sustained activity from foreign buyers. According to Relocation, up to 80% of potential buyers face the problem of affordability and a lack of suitable properties, which further pushes prices up.
The leaders in terms of regional dynamics are the Costa del Sol, the Balearic and Canary Islands, and the provinces of Alicante and Valencia. In the large agglomerations of Madrid and Barcelona, demand is sustained by the rental market and limited construction.
Spanish business publications forecast further growth of 4-6% for 2025-2026, with a shortage of new supply on the market.
Spain’s GDP grew by 0.6% in the third quarter of 2025 compared to the previous three months, according to preliminary data from the national statistics agency INE. Economic growth compared to the same period last year was 2.8%.
Analysts had forecast an average increase of 0.6% for the first indicator and 3% for the second.
The pace of growth slowed: in the second quarter, GDP rose by 0.8% quarter-on-quarter and 3.1% year-on-year.
Consumer spending in Spain rose by 1.2% in July-September compared to the previous quarter, business investment by 1.7%, and government spending by 1.1%.
Exports of goods and services fell by 0.6%, while imports rose by 1.1%.
Industrial production rose by 0.5%. The services sector showed an increase of 0.8%, and the construction industry also rose by 0.8%.
http://relocation.com.ua/vvp-ispanii-v-iii-kvartali-zris-lyshe-na-06/
Spain has agreed to join the PURL project to purchase American weapons for Ukraine, Prime Minister Pedro Sánchez said in response to renewed criticism from US President Donald Trump over Spain’s unwillingness to increase military spending.
“We are a reliable country,” Sanchez said upon arrival at the European Council, where he also confirmed that Spain would purchase weapons from the US for Ukraine, El Pais reported on Thursday.
According to the publication, the country will participate in the US arms supply program (PURL), but the exact amount that Madrid is willing to spend has not yet been determined.
Spanish Foreign Minister José Manuel Albares announced that a new batch of electric generators will be sent in the coming days through the Spanish Agency for International Development Cooperation (AECID) to help Ukraine get through the winter amid a wave of Russian attacks on Ukrainian infrastructure.
“On the eve of a new winter, it is necessary to ensure the stability and operability of the power system. The Spanish Cooperation Agency has planned 70 new generators, which will be sent to Ukraine in the coming days to provide electricity and heating this winter, which is predicted to be harsh,” the minister said during a media briefing ahead of the EU Foreign Affairs Council meeting in Luxembourg on Monday.
Albares noted that he will meet with Ukrainian Foreign Minister Andriy Sybiga on Monday to personally convey information about support for Ukrainians
According to Serbian Economist , Spain’s economy grew by 0.8% in the second quarter of 2025 compared to the previous three months, according to final data from the national statistics agency INE. The increase in GDP compared to the same period last year is 3.1%.
Consumer spending in Spain in April-June grew by 0.8% compared to the previous quarter, business investment by 1.8%, and government spending by 0.1%.
Exports of goods and services rose by 1.3%, imports by 1.6%.
Industrial production increased by 0.9%, the service sector showed an increase of 1%, and the construction industry by 2.3%.
In the first quarter, the country’s GDP grew by 0.6% quarter-on-quarter and by 2.8% year-on-year.
