Historic Record: Belgians Have Never Been So Numerous in Owning a Home in Spain
- Estelle Cocomazzi
- Aug 27
- 3 min read
Despite rising prices, the appeal of Costa del Sol remains intact for our compatriots
Spain continues to massively attract Belgian investors. Two recent studies confirm a remarkable trend: Belgians have never been so numerous in acquiring a residence in Spain, despite a significant increase in real estate prices.
Numbers That Speak for Themselves
The first semester of 2025 sets new records:
2,389 Belgians acquired real estate in Spain (source: Het Laatste Nieuws)
352,703 total sales concluded (+18% year-on-year)
An average of 13 daily transactions by Belgians demonstrates constant appetite
Despite a 10% price increase per square meter, Belgian purchases also increased by 10%
This dynamic positions Spain as the most active real estate market since the third quarter of 2007, well before the economic crisis.
Costa del Sol: Still Among Top Preferences
While Belgians have historically ranked in the top 5 foreign buyers, they now occupy 8th position in the international ranking. This evolution is explained by the massive arrival of investors from around the world, notably from the UK, France, Germany, but also Poland and Romania.
On the Mediterranean coastal zone, from Costa Blanca to Costa del Sol, second homes have seen their prices increase by 15%. In Marbella, the average price now reaches €5,213/m², compared to a provincial average of €3,794/m² in Malaga.
Why Does This Attractiveness Persist?
According to Jonathan Buchet, CEO Belgium of Zapinvest: "We see no signs of slowdown. Prices continue to rise because demand is not weakening."
The reasons for this enthusiasm remain multiple:
Still attractive prices compared to other European coastal regions
Regular air connections from Belgium
Generally lower cost of living
Mediterranean climate particularly appreciated
Market stability and investment prospects
Opportunities for All Budgets on Costa del Sol
Our area of expertise offers a range of investments suited to different buyer profiles:
Accessible Segment:
Manilva and Casares: sea view apartments from €350,000
Estepona: newbuild apartments near the center between €400,000 and €600,000
Residences with communal pools and beach proximity
Intermediate Segment:
Estepona New Golden Mile: modern 2-3 bedroom apartments between €500,000 and €800,000
Benahavis: apartments from €500,000
Residential complexes with high-end services
Premium Segment:
Benahavis: sea view villas from €1,200,000
Marbella: from €800,000 to several million euros depending on location
Puerto Banús: luxury apartments facing the port from €1,200,000
Sotogrande: exclusive villas in golf and polo environment
Golden Mile: exceptional properties with private beach access
Costa del Sol presents the unique advantage of offering all price segments within a restricted geographical radius, allowing each investor to find the property corresponding to their expectations and budget, while benefiting from the same exceptional climate and Mediterranean quality of life.
Our Expertise at Your Service
At Signature Properties, we observe this dynamic daily in the field. Our thorough knowledge of the Belgian-Spanish market and our network of local experts allow us to accompany our clients in this favorable but demanding situation.
"The stability of our sales attests to the strong motivation of Belgians to acquire property in Spain. Due to higher prices, we now also attract our clientele seeking higher-end properties," confirms our market analysis.
Are you considering a real estate investment on Costa del Sol? Our team accompanies you in your project, from search to acquisition, with the expertise of a partner who understands the specificities of the Belgian-Spanish market.
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