Number of foreigners who buy
The figures speak for themselves. In 2013, the total of 329.146 sale and purchase made, according to the annual report ofthe Association of registrars, an 11.15% were foreign nationals.
This represents a significant growth of three percentagepoints with respect to 2012. In fact, since 2009, a year in which there was minimal purchases of foreign (4.24%), thepercentage has
not stopped growing: 4.45% in 2010, up 6.04% in 2011 and 8.12% in 2012, to 11.15% last year, which wasthe record of sale of foreigners since the beginning of the historical series in 2006.
A series that does provide for anincrease in the demand for housing by foreigners over the next several quarters.
What are the nationalities who invest more?
The crisis and the rise in unemployment have made to vary the ranking of countries that traditionally bought housing. Thus,while in years prior to 2007 that more invested they came to work,
now buyers do so because they come from tourism. It'speople from countries that are little affected by the crisis who faced difficulties with which citizens are accessing credit,have ease to buy.
Foreigners who invest more in housing in Spain are, once again, Britons, 15.10% of the percentage of foreigners that they bought last year, according to registrars. In fact, the citizens of
United Kingdom accounted for 1.68% of the total number ofsale and purchase in 2013. Followed by the French, with a 9.84% of foreign transactions, and Russians, with 8.58%.
The top ten end it, by order, Belgian(7.26%), Germans (7.01%), Swedes (5.63%), Norwegian (5.27%), Italians (3.65%), Algerians (3.23%) and Chinese (3.06%).Seeing the ranking,
it can be said that almost all foreign demand housing for tourism.
The Mediterranean coast and Islands, the selected areas
As it has been before, since the beginning of the crisis has been a change of trend in the nationality of the buyers and theuses to which these give housing: while before first House was bought,
now most are made with second homes in which tospend your holiday. That is why they are the areas of the Mediterranean coast, Balearic Islands and Canary Islands whichexperience largest
increase in buying and selling by foreigners.
Thus, according to the 2013 Yearbook of registrars, the autonomous community where they buy more foreigners is Balearic Islands, with 30.73% of total transactions. This is followed by Valencia (24.83%) and Canary (24.60%). Murcia (13.77%),Andalusia (12.35%) and Catalonia (11.54%) are high and far, with rates
below 4%, Madrid (3.86%) and Aragon (3.64). Disaggregated data by provinces, Alicante is preferred by foreigners to buy housing, where copan 40,51% purchases.Follow Malaga (31,77%),
Tenerife (31.50%), Baleares (30.73%), Girona (30.23%), Las Palmas (18.56%), Murcia (13.77%),Tarragona (9.83%), Almeria (9.30%) and Castellón (8.26%). All located on the coast.
But, do each of the nationalities prefer which areas? According to the Association of registrars, the British are more buyersin the communities of Murcia (45,95% of purchases by foreigners),
Andalusia (19.68%) and Canary Islands (18.98%). TheFrench opt for Catalonia (27.81% of total foreign purchases); the Russians by the Comunidad Valenciana (13.21%) and theGermans,
for their part, copan 36,13% of purchases by foreigners in the Balearic Islands.
Percentage of purchases by nationalities on the total purchases and sales of foreign
Foreigners who bought housing in 2013 in Spain spent half €381.860. This follows from the resulting analysis of cross salesdata of housing according to nationality and areas most in demand by foreigners, of the Association of registrars, with thetype of home you bought and the average price for the area, according to the real estate index fotocasa.
The data show five nationalities more invested in Spain last year were Russians (€678.424), Germans (€338.716), Belgians(€346.728), English (€190.633) and French (€171.644), who bought housing,
especially in the provinces of Alicante, Málaga,Santa Cruz de Tenerife, Balearic and Girona.
The Costa Blanca, the most demanded
One of the areas with highest demand in recent years is the coast of Alicante, primarily of English and Russians, althoughhousing preferences are very different for all and sundry.
In 2013, the British invested media on the Alicante coast €190.633 for the purchase of apartments, flats or small semi-detached houses, with an average of 138 m2 area.
For his part, House acquired by Russians in Alicante were exclusive houses of high standing, with an average price of€638.077 and an average area of 462 m2 that correspond to large apartments,
townhouses or detached. In addition to thecoast of Alicante, the Russians the Costa Brava like: lured by the high standing of this area housing, bought houses worth€718.771, mainly in terraced
houses and detached houses with an average of 398 m2.
Belgians and Germans invested more than €300,000
After the Russians, who invested more money in buying House in 2013 were the Belgians, who acquired the townhousesand detached by a mean value of €346.728 in areas off the coast of Malaga,
Canary Islands and Murcia. In particular, they invested half €414.087 in the coast of Malaga, in 252 m2 of average homes. In addition, in the Canary Islands they boughthomes of 241 m2 by a mean value of €334.749. On the murcian coast, dwellings that invested the Belgians had 233 m2 andcost of media €291.348.
The Germans occupied third place which invested more money in housing by 2013. They did in the Balearic and Canary Islands, by an average value of €338.715. Like the Belgians, they acquire
townhouses and detached houses. Those whobought in the Balearic Islands spent an amount of half €342.682 in 188 m2 of average houses. In the case of the Canary Islands, the Germans spent
€334.749 in homes that have average with 241 m2.
The French, who invest less
The French are in fifth place of the nationalities most invested in Spain in 2013. Mainly in Catalonia, especially on the CostaBrava, bought properties with an average value of €171.644 and an
average of 83 m2, most of them apartments and flatsarea. A very small percentage of French acquired of the Catalan Coast luxury homes, but those that did were spent half€793.000 in houses of 385 m2.
Picture summary investment by nationality
The entrepreneurs law, approved the fourth quarter of 2013, establishes the granting of the residence permit for foreignerswho make real estate acquisitions in Spain by an amount equal to or greater
than €500,000. A measure that is intended toencourage the sale of international investors. However, and although it is still early to see how it is affecting transactions,registrars say that just a 4.72% of
purchases of foreign equaled or exceeded it is figure last year.
To verify that this measure works or not, fotocasa has extracted data from searches of homes priced over € 500,000 and hasseen how are increasing every month. Indeed, this type of real estate searches
grew by 21% from April to July.
In terms of areas, highlight that where more searches of homes of more than €500,000 being taken is in the community ofMadrid, followed by Catalonia, Andalusia, Balearic Islands, Basque country and Valencia.
These regions are consistent withthose set forth by the Association of registrars such as those where more homes bought foreigners, although the ordervaries. According to this agency, Balearic Islands was the community that recorded more transactions sales by foreigners,followed by Catalonia, Andalusia, Basque country and Madrid.