Nestled between Basque hills and the Bay of Biscay, San Sebastián is emerging as Spain’s new luxury hotspot. Once beloved by food lovers and surfers, it now attracts global investors, with property transactions doubling in early 2025 amid rising international demand for refined coastal living.

Despite a global property slowdown, Spain’s Costa del Sol luxury market thrived in early 2025. Keller Williams reports that Marbella and Benahavís lead the surge, driven by robust foreign demand and scarce supply in the region’s most exclusive and sought-after real estate segments.

Paloma Pérez Bravo, CEO of Lucas Fox Residential, highlights Spain’s luxury property evolution. Once valued for sun and sea, high-end buyers now prioritise lifestyle, amenities, and experience. The market increasingly attracts dynamic businesswomen, young entrepreneurs, and international investors from the US, Asia, and Eastern Europe.

Nestled in Cala Sa Nau’s exclusive enclave, this modern Mediterranean villa spans 485 m² on a 14,000 m² plot. Offering unmatched privacy, sophistication, and comfort, it exemplifies Balearic luxury, combining expansive interiors with the serene elegance of coastal living in one of the region’s most prestigious locations.

Portugal’s Algarve, celebrated for its beaches, lifestyle, and quality of life, is now dubbed Europe’s Florida. Wealthy US buyers are increasingly drawn to its luxury properties, seeking sun-soaked coastal living and the region’s blend of sophistication, comfort, and scenic allure.