After a very busy year, real estate activity is starting to slow down. According to the Association of Property Registrars’ Real Estate Registry Statistics, there were 67,600 home sales in October, which is 3.6% fewer than in October 2024.
The real estate market as a whole is also showing signs of the adjustment. There were almost 128,800 sales of all sorts of properties, which is a 2.7% decline from the previous year. This supports the slowdown that started in August, even though the numbers are still very high.
The rate of sales is 11.3% higher than in 2014, and it is getting close to 595,000 transactions. However, registrars say that sales have slowed down a lot in the past three months. A slight cooling, but demand is still strong enough that it won’t hurt it.
Still, Alicante is becoming more and more popular as a place to live, especially among foreign purchasers.
Its environment, quality of life, and prices that are even lower than those on the Costa del Sol have led to a boom that, according to all signs, is already bigger than those in other typical parts of the Mediterranean arc.
Alicante is the clear winner
The most recent data on Real Estate Registry Statistics for the third quarter of 2025, which came out in November, backs up this worldwide interest.
Overall, foreign demand in Spain has lost some of its relative weight; it is down 0.52 percentage points from the previous quarter. However, it is still moving extremely important numbers.
According to the College of Registrars, buyers from other countries signed a little under 23,700 transactions this quarter, down from over 24,200 in the previous quarter. This amount “maintains the strength of the international buyer, although with less intensity than in previous years.”
These acquisitions make up 13.58% of the total, which is less than the 14.85% from the same quarter in 2024, but they are still a major part of the market.
British, German, Dutch, Romanian, Moroccan, French, Italian, and Polish citizens are at the top of the list in both market share and total numbers. 57.65% of total foreign demand comes from people from the European Union.
Illes Balears (29.46%), Comunitat Valenciana (27%), Canarias (25.3%), Región de Murcia (21.89%), Cataluña (15.05%), and Andalucía (12.96%) are the communities with the most international visitors.
And it is at the provincial level that Alicante once again takes the lead. The third quarter had 43.29% of all house purchases by foreigners, which is a lot more than Málaga (31.84%) and Santa Cruz de Tenerife (29.56%).
According to the College of Registrars, there is a noticeable difference that responds to the high number of tourists and the loyal buyer profile. This includes second houses and an increase in foreign residents buying homes, who are becoming more settled in the area.
The cost of housing
Price trends also show that there is interest from other countries. According to data from the real estate website Idealista, the price of homes in the province of Alicante hit its highest point ever in November 2025, at €2,670/m2.
This number is 14.3% higher than it was in November of the previous year, which is one of the biggest rises in the whole Mediterranean region.
The most costly towns are also the ones that foreign purchasers like the most. The most recent data shows that the average costs per square metre are: Moraira (€4,364/m2), Jávea/Xàbia (€3,909/m2), Benissa (€3,656/m2), Altea (€3,476/m2), Calpe (€3,415/m2), Finestrat (€3,365/m2), and Benidorm (€3,362/m2).
An obvious chart shows that the northern coast of the province is still the most popular place for international purchasers. Even while there are some indicators that demand is slowing down, it is still forceful, which keeps Alicante at the top of the list for foreigners looking to buy a home in Spain.
Author: Derek Appleton
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