Spain remains attractive: Germans lead in mortgage inquiries – what does this mean for investors?
Real estate in Spain is more in demand than ever – especially among German buyers. New data from idealista/hipotecas shows: for the first time, German citizens are leading the market for foreign mortgage inquiries. What does this mean for investors from German-speaking countries?
Germans now lead over Brits in Spain’s mortgage race
In the first quarter of 2025, 16.9% of all foreign mortgage inquiries came from German buyers – a significant increase compared to the previous year. This marks the first time they have overtaken the British (14.2%), reaffirming their confidence in the Spanish real estate market.
Switzerland joins the real estate rush in Spain
With 9.7% of mortgage inquiries, Swiss investors rank second—ahead of the United States (9.2%) and France (8.6%). Nearly 60% of all international inquiries come from just five countries, a clear sign of the Spanish market’s continued attractiveness
Wealthy investors with elevated standards
Purchasing power among investors is rising significantly:
the average household income stands at €6,566 per month, with around 40% earning more than €6,000. This financially strong target group prefers to invest in high-quality properties with prime locations and modern amenities.
Spain's coast continues to attract the most buyers
Demand is concentrated in regions such as:
- Comunidad Valenciana
- Andalusia
- Catalonia
The region impresses with its climate, infrastructure, and potential for value appreciation – especially along the Mediterranean coast. For investors, this dynamic market offers excellent opportunities.
Fixed-rate loans are playing a growing role in the market
In a time of rising interest rates, many foreign buyers are opting for fixed-rate or mixed mortgages. The aim is maximum planning security. This is an indication that many buyers are not only looking to spend their vacations in Spain, but also to make it their permanent home.
Source: Idealista news