market update

Dutch and Belgian Buyers Conquer the Spanish Housing Market

Dutch and Belgian buyers dominate the Spanish housing market in 2025, especially in Costa Blanca and Costa Calida. Discover prices, trends and statistics

The Spanish housing market flourished in 2025 like never before, with rising prices and a record number of transactions.

But what stands out is the rise of "Dutch buyers" – a term often referring to Dutch-speaking buyers from the Netherlands and Belgium.

Where the British traditionally dominated the market, the Dutch and Belgians are now closing in fast – and in regions such as the Costa Blanca they are by far the largest group of foreign investors.

In this blog we dive deeper into the statistics from official Spanish sources, such as the Instituto Nacional de Estadística (INE) and the Registradores de la Propiedad.

We focus on the general market in 2025, the role of foreign buyers distinguishing between Dutch and Belgians, and specifically on the Costa Blanca and Costa Cálida: house prices, types of homes and trends.

Whether you are considering buying or are simply interested, this article provides a complete and comprehensive overview.

The Spanish Housing Market in 2025: A Year of Growth In 2025 the Spanish housing market reached new heights.

According to the Registradores the average price of homes rose to €2,354 per square meter, an increase of 9.5% year-on-year.

The total number of transactions climbed to more than 705,000, an increase of 10.7% compared to 2024 – the highest since 2008.

This growth is driven by strong demand, low interest rates and an attractive economy.

In Q4 2025 alone around 178,000 homes were sold, with a focus on resale (about 80% of transactions) due to a shortage of new build.

Regionally this varies: In the Comunidad Valenciana (including the Costa Blanca) prices rose by about 15-17%, and in Murcia (Costa Cálida) by 9.2% to €1,261/m².

This illustrates how coastal areas are growing faster than the inland.

Foreign Buyers: Dutch and Belgians Close In on the British Foreign investors play a crucial role: in 2025 they bought nearly 97,300 homes, accounting for 13.8% of the total – a record.

More than half came from the EU, with the British still in the lead (around 7-8% of foreign buyers), followed by Germans, Dutch, French and Belgians.

Dutch and Belgians – often grouped as "Dutch buyers" due to linguistic and cultural similarities – are growing the fastest.

The Dutch bought around 6,232 houses in 2025 (based on 1,558 in Q2, an increase of 40% compared to 2024), which equals on average 17 houses per day.

Belgians bought around 2,908-4,000 houses (with growth of 20%), or on average 8-11 per day.