The districts of Salamanca, in Madrid, and Sarria-Sant Gervasi, in Barcelona, are in the 'top 10' luxury neighbourhoods in Europe's most important cities for buying a home, according to the estate agency Evernest.
The top spots among these most exclusive neighbourhoods to buy a home are Kensington-Chelsea, at €22,061/m2, even though prices have fallen slightly in recent years, according to Housemetrics.
Kensington-Chelsea is one of the most exclusive areas of London, attracting great interest to investors from all over the world. Situated in the west of the city, yet still very central, it is a neighbourhood full of shops, bars and private gardens and home to museums such as the Natural History Museum, the Victoria & Albert Museum and the Science Museum. Chelsea is even more exclusive with its stately feel and historic buildings.
Next on the list is Vienna's First District, with €19,826, according to immopreise.at. Here, you will find the Imperial Palace and some impressive baroque properties, declared a UNESCO World Heritage Site. Most of them are divided into stylish flats.
Besides the tasteful buildings in the Austrian city's central district, it is an ideal place for those who work in the centre, as well as for those who want to make the most of Vienna's cultural richness, with bars, pedestrian zones and boutique shops.
Completing the 'top 3' of the most sought-after neighbourhoods to buy luxury housing is the 8th arrondissement of Paris, at €19,425/m2, according to the latest Paris Residential Focus by Savills. Better known as the Opera district, on the right bank of the River Seine, very close to some of the main tourist destinations in Paris. It is the haute couture and luxury shopping district and home to the Arc de Triomphe and the Champs Elysées.
Behind them comes Brera (Milan) at €11,206 per square metre and the De Pijp district (Amsterdam) at €8,691 per square metre. The Mitte district (€8,360/m2) in Berlin is undoubtedly another of the most expensive and exclusive areas to live in Europe.
In seventh position in this luxury housing market is the Madrid district of Salamanca, with an average cost of €7,714/m2 for luxury residential housing, while in eighth place is the Barcelona neighbourhood of Sarria-Sant Gervasi, with €6,054/m2.
"Compared to the reference neighbourhoods in the rest of the most important European cities, these locations are consolidated as two attractive alternatives for investors, taking into account the prices and profitability options in two areas in high demand, both by Spanish and international clients," explained Evernest.
For Óscar Larrea, Senior VP of Evernest in Spain, "The Salamanca district is one of the soundest real estate markets in the 'premium' segment in the whole of southern Europe, where in recent years a small residential revolution has been taking place, with the development of numerous refurbishment projects of historic buildings, converted into homes".
Completing this list are the Kolonaki district of Athens (€6,500/m2), where foreign investment represents between 12% and 15% of the total, with a high growth potential, and the Santo Antonio district of Lisbon (€5,825/m2). The Principe Real area – full of old, residential buildings under renovation – has attracted high demand, both for living and for setting up innovative businesses in recent years, adds the expert.
Maresme cements its status as Catalonia’s luxury oceanfront hotspot
Over the past five years, lifestyles and housing preferences have evolved significantly. In Spain’s real estate sector, a key trend has been rediscovering Maresme as a prime luxury location. This coastal area north of Barcelona has grown beyond being just an extension of the city to becoming a sought-after destination with its high standards.
Kronos plans to expand its branded residences model in Spain
Kronos Real Estate Group, through its subsidiary Kronos Homes, is considering rolling out its branded residences model in “strategic locations” across Spain, following the “remarkable success” it has achieved in Portugal in partnership with international brands such as Marriott and Hilton.
Turmalina Mansion: a landmark of luxury in the heart of Mallorca
In one of Mallorca’s most prestigious enclaves, nestled between the iconic peaks of Puig d'Alaró and Puig d'Alcadena, Turmalina Mansion is an estate of exceptional calibre. Just 20 minutes from Palma yet entirely immersed in nature, this €24,500,000 property offers the ultimate in Mediterranean sophistication, privacy, and architectural refinement.
Barcelona home for sale at €1.1m with a helicopter in the garden
A house for sale in Barcelona is turning heads on social media and property portals thanks to one truly surreal feature: there's a helicopter parked in the garden. Literally. It’s not a model or a decorative replica, but a real helicopter – complete with cockpit, propellers, military-style paintwork and even a licence plate. Unsurprisingly, the property has gone viral within hours – and for good reason.
Spain’s 30 most exclusive neighbourhoods revealed: prices top €10,000/m2
Property prices for resale homes in Spain have reached €2,391/m², the highest level recorded in idealista’s historical series. According to the latest market report, which analyses districts and neighbourhoods across the country, the areas with the highest average property prices are concentrated in just seven municipalities: Madrid, Barcelona, Palma, San Sebastián, Marbella, Estepona and Adeje. In these prime locations, prices surpass €7,000/m², reaching over €10,000/m² in sought-af
Costa del Sol luxury market attracts buyers from 28 different nations
The Costa del Sol has firmly established itself in recent years as one of the most sought-after and prestigious destinations in southern Europe. Its unique blend of an exceptional climate, high quality of life, modern infrastructure, and a premium residential offering has transformed the Malaga coastline into a magnet for discerning international buyers.
Discover luxury villas for sale in Mallorca’s finest locations
Looking to buy a luxury villa in Mallorca? This sun-soaked Balearic island offers an irresistible blend of Mediterranean beauty, world-class amenities, and a relaxed lifestyle, making it one of Europe’s most desirable destinations for luxury real estate.