Foreign demand for Spanish property has hit a new high, with overseas buyers purchasing nearly 100,000 homes in the latest year.
At the very top of the market is a narrow segment of large homes with five or more bedrooms and seven‑figure price tags, which is where many foreign buyers are now looking.
A tiny top tier in a record year
Within this record year for foreign buyers, the segment of large, luxury homes remains narrowly defined. For every hundred homes sold in Spain, fewer than one fell into this large, million‑euro category.
The 10 locations attracting the most foreign interest in ‘super apartments’
idealista’s search data for the fourth quarter of 2025 shows that international interest in large apartments is highly focused.
Top 10 Spanish municipalities by share of foreign views for large apartments (5+ bedrooms)
Rank | Municipality | Province | Share of foreign views |
|---|---|---|---|
1 | Marbella | Málaga | 2.5% |
2 | Madrid | Madrid | 2.4% |
3 | Barcelona | Barcelona | 1.8% |
4 | Jávea / Xàbia | Alicante | 1.4% |
5 | Palma | Balearic Islands | 1.2% |
6 | Alicante (city) | Alicante | 1.1% |
7 | Málaga (city) | Málaga | 1.1% |
8 | Valencia (city) | Valencia | 1.1% |
9 | Denia | Alicante | 1.0% |
10 | Mijas | Málaga | 1.0% |
Three clear patterns emerge from this list:
- Big‑city hubs: Madrid, Barcelona and Valencia attract a substantial share of searches for large apartments from abroad.
- Costa del Sol favourites: Marbella and Mijas anchor a wider strip of demand along the Málaga coastline.
- Mediterranean resort towns and islands: Jávea, Denia, Alicante and Palma show how much attention is focused on the Costa Blanca and the Balearic Islands.
The wider circle: 30 towns that capture a quarter of foreign searches
Including the top 10, there is a 30‑strong group of municipalities that together account for more than 25% of all foreign searches for large apartments.
Beyond the leading destinations, some of the most prominent are:
- Costa del Sol: Estepona, Benalmádena, Benahavís and Sotogrande, alongside Marbella and Mijas
- Costa Blanca/Alicante: Altea, Moraira, Calpe, Benissa and Torrevieja
- The Balearic Islands: Calvià, Santa Eulalia del Río and Sant Josep de Sa Talaia
- Cities and exclusive enclaves: Seville, Las Palmas de Gran Canaria, Pozuelo de Alarcón, Sitges, Lloret de Mar, Almuñécar and Oliva
Taken together, these 30 locations show that foreign demand for large, high‑end homes is concentrated in a network of resort towns, island municipalities, major cities and affluent suburbs.
How foreign demand is reshaping Spain’s luxury map
The latest data underline how concentrated and competitive Spain’s top‑end housing market has become.
However, the map of luxury is also being defined by coastal belts and by select suburban locations. This mirrors broader trends in where foreigners look to buy property on the Spanish coast and in major cities.
Different nationalities are contributing to this pattern in distinct ways, with British, German and Dutch buyers leading Spain’s international property market.
- British buyers look strongly to the Costa del Sol and Costa Blanca, as well as Madrid and Barcelona
- Germans concentrate particularly on Mallorca
- French and Italian buyers show a marked preference for the main cities
- North American and Mexican buyers are helping entrench Madrid and Barcelona, together with a handful of regional capitals
At the very top of the market, activity in Spain’s luxury mansions and “super apartments” shows how global buyers are investing in a narrow band of prime locations. Plus, a reshuffle led by Dutch buyers is adding further depth to Spain’s foreign‑buyer landscape.
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