Moroccans are the foreigners who buy the most homes in Spain, after the British
- Foreign buyers of homes in Spain
- Main nationalities and real estate transactions
- Average price per square metre for foreign purchases
- Preferred destinations for Moroccan buyers
- Growth in home purchases by Moroccans
- Political and economic relations between Spain and Morocco
Foreign buyers of homes in Spain
According to a report by the General Council of Notaries of Spain, Moroccans rank second among foreign citizens who buy homes in Spain, behind only the British.
Therefore, Moroccans are very active in the acquisition of homes in Spanish territory, just at a time of significant growth in the market since, according to the report by the General Council of Notaries of Spain, there was an increase in the volume of real estate transactions during the first half of 2025, with 71,155 sales completed, 2% more than in the same period in 2024.
Main nationalities and real estate transactions
British citizens were the foreign buyers who purchased the most homes, with 5,731 property acquisitions, representing 8.1% of total real estate transactions, followed by Moroccans with 5,654 (7.9%) and Germans with 4,756 (6.7%). Rounding out the top 10 are Italians in fourth place with 4,513 homes, Romanians in fifth place with 4,480 properties, Dutch in sixth place with 4,166 homes purchased, the French in seventh place with 3,980 acquisitions, the Belgians in eighth place with 2,908 purchases, the Poles in ninth place with 2,768 acquisitions, and the Chinese in tenth place with 2,575 purchases in the first six months of 2025.
Average price per square metre for foreign purchases
The report indicates that the average price per square metre for properties purchased by foreigners reached €2,417, an annual increase of 7.6%, the highest in the historical series. Non-residents paid the highest prices, with an average of €3,100 per square metre, while Moroccans paid the lowest price, with €747 per square metre, which shows that perhaps the level of properties purchased by Moroccans was in the ratio of the most modest or cheapest properties.
Preferred destinations for Moroccan buyers
The preferred destinations for citizens from Morocco or of Moroccan origin are the regions of Murcia, Navarre, La Rioja and Extremadura, where the percentage of property transactions exceeded 30% of total foreign sales in certain areas.
Unlike the British, Moroccan citizens who buy property in Spain are mostly residents. This factor explains the strong presence of buyers of this nationality in inland and southern communities of the peninsula, where prices are lower and there is a greater concentration of foreign residents. The highest percentages are found in the Region of Murcia (38.7%), Navarre (37%), La Rioja (26.8%) and Extremadura (23.5%), followed by Castile-La Mancha (21.3%), Andalusia (19.9%) and Aragon (19.4%). Castile and León (15.2%), Catalonia (12.1%) and the Basque Country (9.2%) also have noteworthy percentages.
Growth in home purchases by Moroccans
The growth in home purchases by Moroccans has been steady since 2011, and the boom grew exponentially after the pandemic. In 2021, only 904 transactions were recorded; fourteen years later, the number exceeds 5,600 in just the first six months of the year.
Political and economic relations between Spain and Morocco
These figures once again demonstrate the important connection between Spain and Morocco, two countries on opposite sides of the Mediterranean Sea with historical, social and cultural ties that have been deeply rooted for centuries. They also have with a fairly significant political and economic link that has been strengthened in recent years with a very solid diplomatic relationship, endorsed after the Spanish government's state support for the Moroccan kingdom in its sovereign aspirations over Western Sahara, a political move that strengthened ties between the two countries and led to the development of all kinds of economic and political agreements that have strengthened a link that has always been very notable.
