Ukrainians bought nearly €2 billion worth of real estate in Spain over four years of war

Over four years of war with Russia, Ukrainians have purchased nearly two billion euros’ worth of real estate in Spain.

This was reported by real estate expert Vitaliy Kotenko, citing data from the General Council of Notaries of Spain for 2022–2025.

During that period, Ukrainians concluded 14,399 agreements for the purchase of housing. The annual number of purchases grew by approximately 56% over the four years.

More than half of all transactions were in the Valencian Community, and 38% were in the province of Alicante. The average transaction amount in Alicante was approximately €129,000.

As of June 30, 2026, valid residence documents in Spain were held by 353,009 Ukrainian citizens. Of these, 262,782 were under temporary protection. At the same time, nearly 79% of housing agreements in 2022–2025 were concluded by residents of Spain. A Ukrainian national can simultaneously be under temporary protection and hold resident status in Spain.