idealista report

The sale of homes without possession is notably impacting the Spanish property market. Once virtually unheard of, these properties now account for 2.6% of all homes for sale in Spain, according to a study published by idealista based on listings from the Q4 2024.

It has been five years since the onset of the coronavirus pandemic, and the real estate market has undergone significant changes, particularly in the rental sector. During the period of isolation, the supply of long-term rental properties doubled, peaking in December 2020 as prices fell. However, since then, rental supply has declined by 56%, while prices have risen by 30%. Political measures implemented in response have only reduced stock to minimal levels, placing further strain on the market with heightened demand and record-high prices in many capital cities.

idealista reports confirm that the luxury housing market in Spain is growing rapidly.

17% of the homes rented through idealista in Q4 last year were on the market for less than 24 hours – one percentage point lower than during the same period in 2023, according to a study by idealista, the leading real estate marketplace in southern Europe.Vitoria and Girona recorded the highest perc

The luxury housing market in Spain is firmly established with over 45,000 properties listed for sale above €1 million at the end of November, according to an idealista study. Of these, more than 20% exceed prime prices, above €3 million, totalling nearly 9,800 homes.

Nearly half of those searching for a home on the market are focusing on properties priced up to €210,000, according to a recent relative demand study conducted by idealista during the last quarter. A significant portion of residential stock in the provincial capitals falls within this price range.

According to a study published by idealista, the Balearic Islands contain seven of the ten municipalities where the effort required by families to purchase a home is the highest.

Andalusia is home to four of the ten towns and cities with the highest household effort to rent a home, according to a study published by idealista.

Many people aspire to own a property near a golf course in Spain. Location and surroundings have always been crucial factors when choosing a second home, and golf has become an important consideration for both Spaniards and international buyers.

Rental demand in the major provincial capitals, with the exceptions of Vitoria and Barcelona, is outstripped by towns such as Hospitalet de Llobregat, Badalona and Terrassa, which exert greater pressure on the existing supply in the rental market, according to idealista's latest ranking.

Renting a two-bedroom property costs 83% more than the mortgage payment required to purchase the same home. However, buying needs a down payment of €48,480, according to a study published by idealista.

Every one of Spain's 50 provinces has at least one property listed for over €1 million on idealista, but their distribution is uneven. Notably, the provinces of Malaga, the Balearic Islands, Madrid, Alicante, and Barcelona account for 79.6% of all such properties.

Spain's luxury real estate market is thriving, attracting affluent buyers with its stunning properties and prime locations.

The top 10% of homes with the highest prices in each market represent its most exclusive segment.

Demand pressure in the property market has returned the Spanish capital to its position as the most sought-after city among those with a large stock on idealista in the second quarter of the year. Provincial cities have regained the prominence that nearby cities like Alcalá de Henares (2nd) and

Five of the 10 most popular locations to find a rental apartment during the second quarter of the year are in the metropolitan area of Barcelona. According to the idealista study, Hospitalet de Llobregat leads the relative rental demand between April and June, followed by Badalona and Vitoria, the first provincial capital on the list. After them, Terrassa, Manresa and Sabadell complete this Barcelona quintet, all of them ahead of Barcelona (8). Still in this 'top 10' the Madrid town of Alcala de Henares and two cities in Tarragona such as Salou and Reus also appear.

Average property and rent prices in Spain have seen two consecutive months at maximum prices, according to the latest idealista reports. At the end of June, up to seven provincial capitals saw record property and rent prices on the real estate platform. We analyse property and rent prices of the districts in the cities of Barcelona, Madrid, Valencia, Malaga, Palma, Las Palmas de Gran Canaria and Cadiz.

Homes equipped with air conditioning systems currently represent 41% of the entire residential stock, according to a study by idealista. The capitals most prepared for extreme heat are Seville (75%), Cordoba (70%), Valencia and Jaen (66% in both cases). More than half of the houses in the large cities of Madrid (65%) and Barcelona (58%) also have air conditioning.

More than 60% of the supply of rooms for rent is found in the cities of Madrid, Barcelona and Valencia. The Catalan capital has the most expensive average price in Spain (550 euros per month), where Ciutat Vella (625 euros) and Sarrià-Sant Gervasi (605 euros) stand out, according to idealista data in the first quarter.

According to a study published by idealista, the southern European real estate marketplace, 18% of the properties that were rented through idealista during the first quarter had not even been on the market for 24 hours, compared to 16% in the same period in 2023. This immediate rental phenomenon increases in 26 provincial capitals between January and March, where Tarragona (31%) and San Sebastián (29%) stand out. In Barcelona and Madrid, express rentals remain stable and account for 17% and 15% of the supply that has left the market in the first three months of 2024, respectively.

The demand from abroad in over 100 Spanish coastal districts, neighbourhoods and towns accounts for over 50% of the total interest in buying a house in these sun, beach and relaxation destinations, according to the idealista report, with data from the first trimester.

The growth in the most expensive residential prices on the market reached 7.7% year-on-year in April. The rise in properties located in the 90th percentile of prices, or in other words the 10% of the most expensive homes, was higher than that recorded by the market as a whole, which increased by 6.9% year-on-year, according to the study published by idealista.

Shared flat supply increased by 43% year-on-year during the first quarter, while demand has barely decreased by 1%, which has caused the price to only increase by 3%, to €400 per month, according to a report by idealista. At this time, there is a greater stock of rooms available compared to a year ago in all provincial capitals, except Palencia, Huesca, Segovia and Soria.

Rental prices keep breaking records amid a shortage of supply and an increase in demand. Among the towns with the greatest demand pressure, those on the outskirts of the major capitals continue to dominate, with Getafe and Hospitalet de Llobregat as the main examples, compared to the large cities.

Rental listings posted on idealista in the first quarter of 2024 received an average of 27 leads before they were removed, a figure that is 55% higher than that recorded in the same period of 2023. This surge in demand pressure, caused by the decrease in available supply, has led to rental prices rising by 12.6% in the last year, according to a study published by the southern European real estate marketplace. The contacts received per advertisement in Madrid (41) and Barcelona (40) skyrocketed, while Vitoria, Guadalajara and the Canary Islands capitals reached the highest volume of interested people.