According to the Spanish College of Registrars' 2025 yearbook, the Balearics had the highest percentage of foreign property buyers in Spain - just under 30% of all purchases in the region (4,370). This percentage is in fact down on 2024, when the Balearics were also ranked number one in the country. In 2024, there were 4,515 purchases; 32.2% of the total.
In the Balearics there were more foreign purchases of properties which cost 500,000 euros and over. The forty-two per cent of foreign transactions in 2025 were well above Andalusia, Catalonia and Madrid, none of which registered 25%. The national average was 12%. A record high for the Balearics, the registrars observe that "the increase in the average price of housing has contributed to this rise".
As has long been the case, German buyers dominated the foreign market with 39% of the total. UK buyers were a distant second - 9.4%. German buying in Spain was concentrated in the Balearics, and like German tourism in the Balearics, that overwhelmingly meant Mallorca. In no other region of the country are German buyers at the top of the rankings. And the leading nationalities in the other regions don't come close to the almost 40% of the market.
Andalusia and Murcia are two regions where the British are market leaders. The French are number one in Catalonia, the Chinese in Madrid. Moroccans lead the way in three regions - Extremadura, La Rioja and Navarre.