The profile of foreign buyers purchasing second homes in Spain is evolving. They are getting younger and increasingly using their properties for extended periods, rather than just short holidays.
A new report by TM Grupo Inmobiliario shows many buyers now view their home in Spain as a place to spend months each year—and in some cases, eventually settle permanently.
International buyers dominate new build sales
The study, based on the company’s 2025 property sales, highlights trends among foreign purchasers. In areas like the Costa Blanca, international buyers make up around two-thirds of new build sales.
One key shift is usage: over 42% of foreign buyers spend more than four months a year in their Spanish home. About 30% are considering turning their second home into their main residence.
During the peak season from May to September, occupancy levels of these properties exceed 85% on average.
The “hybrid residence” trend
According to Pablo Serna, this reflects a broader change in residential tourism. Buyers now see Spain as a place to live part of the year, not just a holiday destination.
This “hybrid residence” model sits between a holiday home and a main residence. Drivers include remote working, active retirement, and increasing international mobility.
The trend is creating a more stable property market, benefiting local economies and employment.
Buyers are becoming more diverse
The report also shows that foreign buyers come from a wide range of countries. In 2025, TM Grupo Inmobiliario sold to clients from 36 different nations.
Poland remains the largest source at 21.4%, down from 30% in 2024.
Germany rose to 8.2%, while Belgium reached 7.4%.
Other key markets include the Netherlands (6.8%), Ukraine (3.5%), the UK (3%), Romania (3%), Sweden (2.6%), Czech Republic (2.1%) and Hungary (1.8%).
The typical buyer is around 51 years old and married. Buyers from Georgia are the youngest, averaging 33, while those from Lithuania and Iceland are the oldest, with averages above 60.
Strong financial position
Spending levels are rising. The average budget in 2025 reached €560,000, a 22.5% increase from the previous year.
Polish buyers averaged €685,000, up 48%.
German buyers averaged €577,000, up 25%.
Around 85% of purchases are made without bank financing, showing that many international buyers are financially strong and less affected by interest rate changes.
Popular property types
Apartments remain the favourite, representing 64% of sales, with an average size of 117 m² and mostly two bedrooms.
Smaller one-bedroom apartments make up 9% of sales, often bought by younger buyers, singles, or remote workers.
Some new developments now include coworking spaces, such as:
- TM Tower, Benidorm – set to be Europe’s tallest residential building
- Sunset Sailors, Benidorm
- Santa María Sea, Valencia
- Marine Hills, Costa del Sol
Digital sales on the rise
Around 20% of property transactions are now completed online, reflecting growing confidence among international buyers in remote purchases.
Costa Blanca remains a top destination
The Costa Blanca continues to attract buyers thanks to climate, connectivity, healthcare, safety, and cultural and gastronomic offerings.
Within TM Grupo Inmobiliario’s figures:
- The Costa Blanca leads at 52% of sales
- Costa de Almería – 16%
- Costa de Valencia – 12%
- Costa del Sol – 10%
- Mallorca – 7%
