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Moroccans topped the list of foreign nationalities purchasing real estate in Spain during the first half of 2026, making 4,960 transactions, surpassing the British, who recorded 4,541 transactions. Despite a 12.6% decrease in purchase activity compared to last year, Moroccans remain in the lead, with the majority of their transactions carried out by Moroccan residents in Spain. The average price per square meter for Moroccan purchases was €801, the lowest among foreign nationalities, while Americans had the highest average at €3,948. This reflects the continued strong presence of Moroccans in the Spanish real estate market despite declining demand and rising prices, as the overall average price per square meter increased by 9.4% to reach €2,644.
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