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More Chinese Investors Searching for Spanish Real Estate

Saturday, 01 April 2017 | 2 minutes reading time

More Chinese Investors Searching for Spanish Real Estate

Spain is becoming an increasingly popular destination for real estate investment for many middle and upper class Chinese citizens looking for good investment opportunities.

According to data compiled by the biggest Chinese portal for property abroad, searches on Spanish housing have increased by nearly 80% on average in the last year, placing Spain as the seventh destination worldwide for Chinese investors after the United States, Australia, Canada, United Kingdom, Thailand and New Zealand. Especially Spanish new build properties on the coastal areas are popular. 

Investment opportunities in Spain

Jan Kot, head of Juwai China explains: “Spain has never ranked among the five most popular destinations, but its appeal is growing very fast among Chinese investors due to the country’s good investment opportunities, and an increasing knowledge of the culture of the country”. The areas most in demand are Barcelona, Madrid, Alicante, Valencia and Marbella – the first two by merit of being large cities, and the others as attractive tourist destinations with competitive prices.

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