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In Spain in 2002 non-residents purchased 90.000 homes with a value of 5.676 million Euros a 16% increase on 2001 (4.765 million Euros)
In Malaga Province in 2002 non-residents purchased 36.000 homes valued at 2.270 million euros. Of those purchasing homes, 42% were British, 28% German, 7% French, 5% Italians, 3% Belgians. The investment in second homes by Spaniards is estimated at 2.000 million euros.
In Spain 3.6 million houses are used for residential tourism providing a capacity of 12 million beds for tourists.
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