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House Purchases by Foreigners Fell by 25% in 2020 to 47,500 Operations

International buyers accounted for 11.3% of all home purchases in 2020, compared to 12.6% in 2019, according to the property registrars.

According to the latest data from the College of Registrars, 47,500 homes were purchased by foreigners in Spain in 2020, compared to 63,000 in 2019.

“The year began with an unprecedented health crisis, which had significant economic consequences, with the corresponding effects on the real estate market,” said the registrars in their Report on the housing market during the year of a pandemic, which was released by the professional group on Thursday.

Read the full article in Spanish.

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