Spain holiday homes: Which nationalities favour which coastal regions?

Where do Brits, German, French and Americans look to buy and rent homes on the Spanish coast? New stats reveal some answers.

Spain holiday homes: Which nationalities favour which coastal regions?
Potential house buyers look at property for sale in Ibiza. AFP
The Spanish coastline is almost 5,000 km long.
It has long been at the top of the list for foreigners searching for a holiday home abroad, but different regions are popular depending on the nationality of second-home owners or renters.
Based on website visits from June, the Spanish real estate portal Idealista shows the areas that are most popular among holidaymakers from different countries, whether they are looking to buy or rent.
Germans represent the largest foreign group in 127 Spanish towns and villages, mostly on the country’s islands. They tend to search for properties in Mallorca, where in some towns demand from Germans surpasses that of locals. In fact, Germans make up over 60% of website visits for properties in towns like Cala d’Or, Cala Ratjada and Santanyi.
Brexit has not stopped UK buyers buying homes in Europe and Spain continues to be the top holiday location for Brits, who represent the largest foreign population in 193 Spanish coastal towns.
Their favourite region is, unsurprisingly, the sunniest place in Spain: the Costa del Sol. Estepona, Torremolinos and Marbella are among the most popular towns, but they are also keen on houses for sale in Ibiza, particularly in the eastern coastal town of Santa Eulalia del Río.
The area around Barcelona is popular among Americans, who are particularly interested in buying houses in the coastal towns of El Masnou or Sant Andreu de Llavaneres.
However they are also fond of towns in other provinces across the country, like Vizcaya, Cádiz and La Coruña. Interestingly, Americans represented over 50% of website visits for houses in Los Silos, a town in the northwestern part of the island of Tenerife.
The French seem to prefer to stay closer to home, with most of their searches located on the Costa Brava, in the northern province of Gerona.
Roses, Tossa de Mar, L’Escala or Sant Feliu de Guíxols are favourite spots. However some do venture further down the coast to the Valencia region, where towns like Meliana, Miramar or Cullera are popular.
Italians continue to manifest a keen interest in the Balearic Islands, specifically Formentera and Ibiza. But the more adventurous also venture to Fuerteventura in the Canary islands, in villages like La Oliva, San Bartolomé or Puerto del Rosario.
The Swiss seem to be partial to the lush greenery and sweeping coastal views of Galicia, with a particular interest in the towns around the port city of La Coruña. However, they also concentrare in the town of Gualchos in Granada, where demand from Swiss residents is higher than from national buyers.
The beach-side properties of Nerja in the Costa del Sol are in high demand among Swedes, who represent 63% of website visits to properties in this area in June, compared to 37% by Spaniards. They are also keen on the little resort town of Torrevieja, located on a strip of land between a lake and the Mediterranean in the province of Alicante.

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REVEALED: The cheapest most in-demand areas in Spain to buy a house

If you're considering making the move and buying property in Spain, but don't fancy purchasing in a rural village in the middle of nowhere, you should know where the cheapest, most in-demand parts of the country are.

REVEALED: The cheapest most in-demand areas in Spain to buy a house

If you’re thinking about relocating, Spain is a fantastic place to do it. Foreigners have been moving to Spain for decades, not only for its fantastic food and weather, along with a laid-back lifestyle, but housing is generally affordable – if you know where to look.

Though the rise in the Euribor has sent interest rates spiking, house prices in Spain are expected to flatten somewhat in 2023 and it could be a good year to find a bargain, depending on your financial situation.

Knowing what type of house you want and where in Spain you want to live is one thing, but knowing the cheapest, yet most in-demand parts of the country could really help you narrow down your search.

Fortunately, Spain’s leading property website Idealista has put together a list of the most ‘in demand’ municipalities of Spain and where you can find the most expensive and, more importantly for the house hunters among us, the cheapest municipalities of Spain to buy property.

It’s based on data from the last quarter of 2022 and is the average price of housing in towns with more than 1,300 sale announcements and costs valued at more than €1,100 per square metre. 

You can find the ten cheapest areas of Spain to buy property by average price below, but it’s worth noting that Idealista did these rankings by average price across the entire municipality, so there are likely individual towns and villages dotted around Spain where prices are significantly lower.

That said, this list gives you a good idea of the areas to look out for.

READ ALSO:  What will happen with property prices in Spain in 2023?

The 10 cheapest municipalities in Spain to buy property 

Santa Pola (Alicante) – Santa Pola, in the Alicante province, is the cheapest most in-demand municipality to buy a house, according to Idealista’s rankings. The average price for a house in Santa Pola costs just €151,796, though this may come as a surprise given its prime location in a foreign hotspot on the sought-after Costa Blanca. The main town of Santa Pola itself is a small beachfront community with a population of around 35,000. It also has a large foreign population and is a short drive or bus away from both Alicante and Elche.

Ourense (Galicia) – Next on the list is Ourense in Galicia where the average price is €154,941. The municipality is home to several towns and villages, surrounding the main medium-sized town of Ourense itself in southern Galicia. The town has a population of around 105,000 and is a little over an hour’s drive from both Santiago de Compostela and the coastal city of Pontevedra.

Oviedo (Asturias) – Third on the list is the municipality of Oviedo where you’ll pay an average of €154,968 for a property. Another area in northern Spain, the main city Oviedo itself, which is the capital of Asturias and has a population of 220,000. It sits between Cantabrian mountains and the Bay of Biscay. It’s known for its picturesque medieval old town and impressive architecture. 

Jerez de la Frontera (Cádiz) – Properties cost an average of €155,563 in the municipality of Jerez de la Frontera, or Jerez as it’s commonly referred to. It’s located in the Cádiz province of Andalusia and is a real piece of ‘traditional’ Spain. Jerez city is a decent-sized place with a little over 200,000 people and is known for horses, flamenco dancing and sherry, as well as the Alcázar de Jerez, an 11th-century fortress that harks back to Andalusia’s Moorish past.

READ ALSO: Is it better to buy or rent in Spain right now?

Torrevieja (Alicante) – Another municipality in Alicante and another incredibly popular with foreign homeowners. Properties here go for an average of €155,787. Torrevieja itself has a population of 82,000 and is another coastal town, but also has nature trails and salt plains nearby.

Murcia (Murcia) – Murcia is often overlooked, wedged between Alicante and Andalusia, but you could grab a bargain here with average prices of €157,119. Murcia capital is a bustling city of almost 450,000 people, and is strategically placed for trips to the Costa Blanca, Costa Calida, Costa del Sol, and Costa de Almeria.

Parla (Madrid) – The municipality of Parla lies just 20km south of Madrid and the town of the same name is home to 130,000 residents. It’s a great commuter area for those who work in Getafe or the capital. A house here costs an average of €160,652. 

Salamanca (Castilla y León) – The municipality of Salamanca surrounds the capital of Salamanca in Castilla y León in northwestern Spain. Buying a property in this area costs an average of €162,909. The main city of Salamanca is known for its university, which is the oldest in Spain and dates back to 1218. Understandably, much of Salamanca’s roughly 150,000 residents are students, which gives the town a lively atmosphere.

Burgos (Castilla y León) – Another northwestern Castilla y León municipality, is Burgos has around, where you can buy a house for just €163,164. The city of Burgos has around 180,000 inhabitants and is known for its medieval architecture and grand cathedral. 

Dos Hermanas (Sevilla) – The second most populous municipality in the province of Seville, properties cost an average of €163.274 here. The Andalusian town is just 15km south of Seville, making it great for commuters or those who want plenty of culture nearby.