Alicante, the Balearics and Málaga lead foreign rental demand
Spain's rental market is also feeling the impact of international demand. According to idealista, foreign renters account for around a quarter of demand in provinces such as Alicante, the Balearic Islands and Málaga. In some towns and cities, international interest even exceeds domestic demand, particularly in well-known tourist destinations. Andratx (60%) and Calvià (52%) in the Balearic Islands lead the ranking, alongside Calpe (53%) and Moraira (52%) in Alicante, highlighting the strength of foreign demand for rental housing during the first quarter of 2026.