The Rise of Polish Buyers in the Spanish Real Estate Market



Discover the growing trend of Polish investors in Spain, particularly on the Mediterranean coast, seeking sunshine, good investments, and a potential safe haven.

A-2

The Spanish real estate market has long been a magnet for foreign buyers, with the British, Germans, and French playing significant roles for decades. However, in recent years, there has been a noticeable surge in Polish buyers investing in properties along the Mediterranean coast. Seeking sunshine, good investments, and possibly a safe haven in times of crisis, Polish buyers have become a prominent presence in the Spanish real estate scene.


The Rise of Polish Buyers in the Spanish Real Estate Market

In the second quarter of 2023, foreign real estate buyers accounted for 14.94% of total housing transactions in Spain, with more than 22,700 transactions. Of these, 890 transactions (3.92% of all sales) were made by Polish buyers. Throughout the year, Polish buyers purchased 3,118 Spanish properties, surpassing the previous year's record by 142. The weight of transactions made by Poles has steadily increased in recent years, rising from 1.9% in 2019 to 3.6% in 2023, surpassing both American and Russian buyers.

The growing interest in Spanish properties among Polish buyers can be attributed to a combination of factors. Soaring inflation has prompted many to view real estate as a solid investment, with the lower cost per square meter in Spain compared to Poland making it an attractive option. Additionally, the allure of Spain's low cost of living, beautiful beaches, and year-round sunshine has further fueled the interest of Polish real estate buyers.

Another contributing factor to the surge in Polish interest in Spanish real estate is the fear of war and instability in Poland following Russia's invasion of Ukraine. Many Polish buyers see a property in Spain as a safe haven and a potential backup plan in case of emergencies. The ease of the property buying process in Spain, along with its stability and relatively affordable prices, make it an appealing choice for those seeking security and peace of mind.

Furthermore, the desire for a better quality of life and a more adventurous Mediterranean lifestyle has also driven Polish buyers to invest in Spanish properties. The sunny climate, proximity to the sea, and vibrant coastal towns like Torrevieja in Costa Blanca have become popular choices for Polish investors looking for a change of scenery.

Overall, the increasing interest of Polish buyers in Spanish real estate reflects a combination of economic, geopolitical, and lifestyle factors that make Spain an attractive destination for investment and relocation. As Polish buyers continue to make their mark on the Spanish property market, the landscape of popular areas is evolving to cater to their needs and preferences.

A-3

The surge in Polish interest in Spanish real estate is a reflection of the changing dynamics of the global real estate market and the evolving preferences of buyers seeking security, stability, and a better quality of life. With the continued growth of Polish investment in Spanish properties, the relationship between the two countries is poised to strengthen further in the years to come.

The Rise of Polish Buyers in the Spanish Real Estate Market

Support Ogusyis by making a contribution – no matter how small.


Enter your amount
£
Enter your amount
£
Enter your amount
£
Yourname
Email
Phone

AD4


House Prices Fall in Switzerland: Key Insights Unveiled

Discover the shifting dynamics of Switzerland real estate market as apartment prices rise and single-family homes decline. Essential insights for buyers.

Discover the shifting dynamics of Switzerland real estate market as apartment prices rise and single-family homes decline. Essential insights for buyers.

Read more

Canada Real Estate: Positive Trends Amid Rate Changes

Discover how the recent interest rate cut impacts Canada real estate market, with a 9.1% rise in transactions in early 2024.

Discover how the recent interest rate cut impacts Canada real estate market, with a 9.1% rise in transactions in early 2024.

Read more

Controlling personal finance and budgeting app

What are Top Real Estate Hotspots in Portugal for Foreign Buyer?

Discover why Lisbon, Porto, and Faro attract over 50% of non-resident loans in Portugal real estate market. Explore these thriving hotspots now!

Discover why Lisbon, Porto, and Faro attract over 50% of non-resident loans in Portugal real estate market. Explore these thriving hotspots now!

Read more

Brussels Real Estate Market Update: Prices Cool, Homes Still €100,000 Pricier

Discover how the Brussels real estate market is shifting, with a cooling trend in prices but homes still commanding high premiums. 

Discover how the Brussels real estate market is shifting, with a cooling trend in prices but homes still commanding high premiums. 

Read more

Buy Land & Vacant Lots on Easy Monthly Payment Plans

New Zealand Real Estate Market Cools Further in June: A Comprehensive Analysis

Explore the latest trends as housing prices and sales decline across New Zealand. Get a comprehensive analysis of the cooling New Zealand real estate market.

Explore the latest trends as housing prices and sales decline across New Zealand. Get a comprehensive analysis of the cooling New Zealand real estate market.

Read more

Luxury Living: A New Investment Niche in UK Real Estate

Discover the resurgence of holiday let investments in the UK real estate market, presenting asset managers with lucrative opportunities in luxury living.

Discover the resurgence of holiday let investments in the UK real estate market, presenting asset managers with lucrative opportunities in luxury living.

Read more

Buy Land & Vacant Lots on Easy Monthly Payment Plans

Investment Property with Pool in Portugal: 61% Higher Costs

Explore why investment property with pool in Portugal are 61% more expensive. Understand the market dynamics and benefits of pool ownership.

Explore why investment property with pool in Portugal are 61% more expensive. Understand the market dynamics and benefits of pool ownership.

Read more

Why Foreign Investors Are Retreating from US Real Estate?

Explore the factors driving the decline in foreign investment in U.S. real estate and insights from experts on the shifting housing landscape.

Explore the factors driving the decline in foreign investment in U.S. real estate and insights from experts on the shifting housing landscape.

Read more

Cyprus and Greece real estate market: Rental Yields Soar to New Heights

Explore the surge in rental yields in Cyprus and Greece, fueled by increasing overseas interest. Uncover the investment opportunities now!

Explore the surge in rental yields in Cyprus and Greece, fueled by increasing overseas interest. Uncover the investment opportunities now!

Read more

Copyright © Ogusyis. All rights reserved. The Content may not be copied, distributed,  republished, uploaded, posted or transmitted in any way without the prior written consent of Ogusyis.