Spain’s economy continues to outperform expectations, strengthening the nation’s property market and inspiring confidence among both domestic and international buyers.According to Spain’s National Statistics Institute (INE), GDP growth for 2024 has been revised upwards from 2.9% to an impressive 3.5
According to a report by the Real Estate Credit Union (UCI), 72% of buyers cite the price of the property as their top concern, while 49% prioritise finding a location that suits their needs. The ability to afford a home on one’s own salary has risen in importance by nearly two percentage points since the previous survey and is of particular concern to women, at 54%.
Soaring rents and fierce competition are pushing many people towards room rentals. On average, 22 prospective tenants compete for each listing on idealista, though demand remains lower than for full homes. Palma (65) and San Sebastián (62) record the most enquiries per room, while among the largest markets, Barcelona (22) edges ahead of Madrid (20).
Rental properties in the Balearic Islands (29.1%), Alicante (27.4%), Málaga (25.7%) and Santa Cruz de Tenerife (21.9%) are seeing strong international demand, each accounting for more than 20% of total rental interest in Q1, according to a study by idealista.
The property market in southern Europe’s three key countries continues to rise, with varying trends. According to idealista’s June report, Spain has hit record highs in both sales and rentals. Portugal remains the most expensive overall, though its price growth is more moderate. In Italy, sales prices are still below the peaks of over a decade ago, but rental prices have surged to historic highs, even surpassing Spain. We take a closer look at the property and rental markets in the main cities and top tourist areas of all three countries.
Spain’s housing stock experienced a significant 16% annual decline, marking the steepest drop in recent years. The shortage is driven by rising demand, slow construction rates, and economic pressures, intensifying concerns over affordability and housing availability across the country.
Purchasing power has varied significantly across luxury housing markets since 2014, with "drastic shifts in purchasing power over the past decade," according to real estate consultancy Knight Frank's latest report, The Wealth Report 2025, on the luxury real estate market.
The Spanish housing market is expected to remain buoyant throughout 2025. According to Solvia’s latest forecasts, property sales will continue to grow this year, although at a slower pace than house prices.
"It’s the economy, stupid." This phrase became famous during Bill Clinton’s successful 1992 presidential campaign against then-President George H. W. Bush. Since then, it has been widely used to highlight what is both obvious and essential.
The Spanish luxury housing market is in robust health and experiencing rapid growth. Increasingly, more deals are being closed each year at higher prices, positioning Spain at the heart of international investment.
House prices show no signs of slowing in the short term. According to economic and real estate experts, the upward trend is accelerating due to strong demand, improved economic prospects and falling interest rates.
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.
For the new year, experts forecast a continued rise in Spain's housing prices, driven by several key factors. Limited supply, falling interest rates, moderate inflation and population growth are key factors driving the housing market.
The real estate agency Pure Living Properties has reviewed the performance of the luxury property market in the Costa del Sol’s most exclusive areas, known as the "Golden Triangle" (Marbella, Estepona and Benahavís).
Housing is currently the most pressing issue facing Spain, surpassing concerns such as inflation and immigration, according to data from the latest Eurobarometer conducted in October and presented this week in Madrid.A significant 35% of Spaniards identify housing as the country’s primary problem, m
In 2024, Spain is increasingly being recognised as one of the premier destinations for luxury real estate, offering a compelling combination of high-end properties, exceptional value, and a lifestyle that is hard to beat.
Spain is one of the most attractive real estate markets in Europe, with significant growth potential, making it a top priority for investors, according to global real estate services firm Cushman & Wakefield.Their analysis indicates that 84% of prime assets in the office, retail and logistics se
ING is upping its stakes in the real estate sector in view of its imminent recovery.
According to a recent study by the Dutch bank on real estate, "the sector is on track for further recovery", driven by factors such as anticipated interest rate cuts in the eurozone and a stabilisation in pro
The excess demand and lack of supply in the real estate market have created an imbalance across the country, and Málaga, one of the nation’s most thriving cities, is no exception.
The housing market is gearing up for increased demand and further price rises.
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.
Rents for homes in Europe continue to rise, especially in capitals such as Dublin, Rome, Riga and Bucharest. This scenario makes renting a home an interesting business to invest in. Madrid (with a yield of 5.30%) is ranked 12th among European capitals where it is most profitable to rent a home in June this year, according to data from Global Property Guide.
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
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.
According to the latest report from the Tinsa IMIE General and Large Markets index, the price of new and used housing rose 0.5% in June compared to the previous month, placing the year-on-year rate of change at 3.2%. The tourist areas, particularly around the Mediterranean Coast and the Balearic and Canary Islands, stand out for their notable advance in prices.
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