Marbella's luxury property market continues to reach new heights, with home sales above €10 million becoming increasingly common rather than exceptional. According to luxury real estate agency Drumelia, it has brokered more than 20 deals worth €10 million or more over the past five years, with a combined value approaching €430 million. Areas such as La Zagaleta and Sierra Blanca remain key hubs for ultra-prime real estate on the Costa del Sol.

International buyers are now the main force behind the luxury housing market on the Costa Blanca, accounting for 72% of premium property transactions, according to Berkshire Hathaway HomeServices Spain. Most demand comes from Northern and Western Europe, particularly the United Kingdom, the Netherlands and Germany, highlighting the area's enduring appeal among overseas buyers seeking high-end homes in Spain.

In Barcelona's Eixample district, just a short walk from the centrally located Plaça d'Urquinaona, there is a spectacular 214 m² penthouse that is for sale on idealista for €3 million. The apartment occupies the fifth floor of an early 20th-century Modernist building.

Mallorca's luxury property market has welcomed a striking new listing in one of the island's most established coastal locations. Situated in Cala Serena, this Mediterranean villa enjoys a dramatic clifftop setting overlooking the sea and is currently on the market on idealista for €3.5 million. The property offers 526 m2 of built space on 915 m2 of land, with three bedrooms, three bathrooms and generous outdoor areas. It also holds a tourist licence, making it suitable as both a private residence and a holiday rental investment.

Spain remains one of Europe's most dynamic property markets, although it still trails the continent's largest economies in total investment volume. According to Scenari Immobiliari's European Outlook 2027 report, real estate transactions in Spain are expected to reach €156 billion in 2027, while overall European investment is forecast at €1.36 trillion. The study projects growth of 10.7% in 2026 and 10.2% in 2027, the strongest rates in Europe. Despite this momentum, Spain remains behind Germany (€338 billion), France (€234 billion) and Italy (€194.1 billion) in total market size.

The Canary Islands government is stepping up its efforts to limit home purchases by foreign buyers. In November, Canary Islands President Fernando Clavijo is due to meet Raffaele Fitto, Executive Vice-President of the European Commission for Cohesion and Reforms, to present the proposal. The regional government is pursuing a two-pronged strategy: a national initiative targeting non-EU buyers and a European approach that would allow restrictions on EU citizens who do not intend to use the property as their main residence.

In El Rebollodo, a rural area on the outskirts of Alicante, stands an estate that needs no introduction in the Spanish equestrian world: Yeguada La Gloria, one of the most renowned and unique stud farms in the area, which has just been listed for sale on idealista for €4.5 million. Nestled amidst landscapes that blend Mediterranean aridity with the bounty of the Alicante countryside, this Andalusian-inspired property is perfectly integrated into its surroundings, boasting 2,382 m2 of built area on over 100,000 m2 of land.

Just five minutes from the Nus de la Trinitat interchange and close to the centre of Badalona, a striking neo-Moorish castle is on the market for €1.5 million. Built in 1925, the property stands on a hillside surrounded by vineyards, offering views of the Mediterranean Sea. Its distinctive architecture, featuring pointed arches and decorative mosaics, reflects the Moorish-inspired styles popular in the early 20th century. The estate combines historic character, natural surroundings and easy access to Barcelona.

Valdebebas will become the epicentre of the motorsport world this weekend, as Madrid hosts another Formula 1 Grand Prix. This will positively impact the hotel and restaurant sector and, of course, the real estate market. Although the sporting epicentre is in the north of the capital, demand for accommodation has shifted to the city centre, where prices for premium seasonal rental properties have risen by up to 1,000% compared to a normal week, according to the luxury real estate agency Barnes.