How much property is really bought up by the foreign market in Barcelona ?

Let's have a look at some recent facts and figures...

In 2022, foreign buyers played a crucial role in Barcelona's housing market, driving property sales to record highs. The number of foreign homebuyers increased by 46%, reaching 2,871, which is 18% of the market share. This surge was particularly strong in the high-end sector, with significant investments in luxury properties. This heightened demand, coupled with a dwindling supply of new homes due to local regulations, led to increased prices and rental rates across the city.

For more details, you can read the full article below:

https://www.spanishpropertyinsight.com/2023/04/01/barcelona-housing-market-2022/