Once Under the Radar, Americans Are Buying Homes in Spain More Than Ever Before

'I've never seen anything like it.' American buyers are flocking to Spain and scooping up homes in places like Andalusia, the region that includes Marbella, Malaga and Seville.

The strength of the dollar, an increase in direct flights and an appetite for the ‘Spanish way of life’ has driven more U.S. buyers to the country’s real-estate marketGabriel Navas for The Wall Street JournalRon Hale ushered in 2023 by relocating from landlocked Orlando, Fla., to a primary residence in Marbella, on southern Spain’s Mediterranean coast.

Mr. Hale, who wanted a base to better supervise his company’s diverse European interests, chose Marbella, a glamorous resort known for its balmy year-round climate, because of “the food, the golf and the international flair of it all,” he says. And his newly remodeled turnkey purchase—what he likes to call a place to lock and leave—has easy access to Málaga airport, the gateway to Spain’s Costa del Sol region, a 45-minute drive away.

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