Moroccans have overtaken Europeans, including the British, as the largest group of foreign home buyers in Spain, and they are paying less per square meter. This shift marks a significant change in the Spanish property market, where for decades the typical foreign buyer was British, seeking a holiday home near the coast.
According to data from the Notary Association, during the first half of 2026, Moroccan nationals completed 4,960 home purchases in Spain, surpassing the 4,541 by British buyers. This is a sorpasso (overtaking) by 419 homes, a notable reversal from 2025 when the British were still ahead with 10,925 purchases versus 10,829 by Moroccans.
Why Moroccans Are Buying More Spanish Homes
The rise of Moroccan buyers is driven by several factors. Morocco is the largest foreign community with valid residence permits in Spain, with 910,001 people. In some regions, such as certain towns in Cáceres, Moroccans even outnumber Spanish residents. This demographic weight translates into greater demand for housing.
Unlike British buyers, who often purchase holiday homes, Moroccans are predominantly residents. Of the 4,960 Moroccan purchases, 4,897 (98.7%) were made by residents, compared to only 52.6% of British purchases (2,388 out of 4,541) by non-residents. This means Moroccans are buying primary residences, not vacation properties.
The Price Factor: Lower Cost per Square Meter
Moroccan buyers tend to purchase less expensive properties, often in areas with lower price per square meter. This is partly because they are buying homes for living rather than as investment or holiday retreats. The average price per square meter paid by Moroccan buyers is lower than that of other foreign nationalities, reflecting different location and property type preferences.
This trend has implications for the Spanish housing market. As Moroccan residents buy in more affordable areas, they may contribute to demand in regions that have been less popular among traditional foreign buyers. This could help balance the market and provide opportunities for sellers in those areas.
Who Are the Other Major Foreign Buyers?
Behind Morocco, the United Kingdom remains the second-largest foreign buyer group with 4,541 purchases, followed by Italy (4,109), Romania (3,974), and Germany (3,907). Together, these five nationalities account for 34.6% of all foreign purchases, with Moroccans alone contributing 8%. The longer history behind the story is traced in Spain's Chia Seed Boom: 672% Growth and the Rise of Intentional Eating.
The British presence, while still significant, has been declining gradually. The throne has not fallen suddenly but has been emptying over time. In 2025, the British were ahead by only 24 operations in the second half of the year, indicating a narrowing gap. The background to this story is set out in New Rule: Slow Down 20 km/h to Overtake Cyclists. A related thread runs through Spain's Watermelon Crisis: Moroccan Imports Sink Local Prices. Earlier coverage in Spain's Biggest Real Estate Fraudster Arrested in Mother's Home shows how the argument developed.
What This Means for the Spanish Property Market
The shift toward resident buyers like Moroccans could lead to more stable demand, as residents are less affected by economic fluctuations than holiday home buyers. However, it also means that the profile of the foreign buyer is changing, with implications for the types of properties in demand and the regions that attract them. A closer look at the same subject appears in Moroccan Spyware Pegasus Targets Journalists and Politicians. Anyone following the wider picture can start with Pegasus Spyware: Moroccan Insider Reveals Widespread Hacking. The same theme surfaces in Flight Attendants Reveal Drunk Brits and Air Rage Secrets, which takes a different angle.
For investors and real estate agents, understanding these demographics is crucial. The Moroccan community's growth and integration into Spanish society suggest that this trend may continue, shaping the future of the housing market. Context on how this played out before sits in Flight Attendants Reveal Secret Lives: Drunk Brits and Air Rage. A companion piece, El Niño Warning: Brits Urged to Stock Up on Emergency Supplies, approaches the same subject from another angle.
FAQ
Why are Moroccans buying more homes in Spain than British buyers?
Moroccans are buying more homes because they are predominantly residents, not holidaymakers. With 910,001 Moroccans holding valid residence permits, they represent the largest foreign community in Spain, driving demand for primary residences.
Do Moroccans pay less for homes in Spain?
Yes, Moroccan buyers tend to pay less per square meter than other foreign buyers. This is because they often purchase in more affordable areas and buy homes for living rather than as vacation properties.
Which nationalities are the top foreign buyers in Spain?
The top foreign buyers are Moroccans (4,960 purchases), British (4,541), Italians (4,109), Romanians (3,974), and Germans (3,907) in the first half of 2026, according to Notary data.
How has the British presence in the Spanish property market changed?
The British presence has gradually declined. In 2025, they were still the largest group by a narrow margin, but by 2026 they were overtaken by Moroccans. This reflects a shift from holiday home buyers to resident buyers.