Spain luxury real estate

Higuerón Developments will bring the Waldorf Astoria brand, part of Hilton, to Spain with a €220 million investment. The project will transform Marbella Golf into Higuerón Marbella Golf Resort, set to open in 2029. It will include 120 rooms and suites, 120 branded residences, a 750 m² spa, indoor and outdoor pools, a gym, wellness areas and several dining options – further strengthening Marbella’s position as a leading destination for high-end tourism.

The massive influx of international capital – from American billionaires seeking refuge from regulatory uncertainty after the political shift in the US, to Middle Eastern investors drawn by new air and corporate links – has transformed Spain into Europe’s preferred haven for luxury residential property.

The first homes in Pinares Hills, a luxury development by Cogitari Homes and Homerun Brokers, are now listed on idealista. Located in the exclusive Pinares de San Antón, just 20 minutes from Málaga city centre, the project offers 13 villas ranging from 400 to 900 m². Prices start at €2.7 million and reach nearly €5 million for the most exclusive units.

This summer, Ibiza welcomes BLESS Ibiza The Site, the brand’s second property on the island. Developed by Palladium Hotel Group, it opens in June with 461 rooms, a luxury wellness centre, and a high-end culinary hub, setting a new benchmark in the island’s premium hotel market.

Lithuanian investment management company Reverest Fund Management has announced its first project in Spain. It is a luxury residential complex of 54 flats to be built on the Costa del Sol, in La Cala de Mijas (Málaga), where it plans to invest €40 million.

If Marbella’s original Golden Mile feels a bit too showy or high-octane, Spain’s New Golden Mile tends to appeal to people who want something more liveable.

On a peaceful residential avenue in Los Monteros, just moments from the shoreline east of Marbella, Villa Roma stands as a study in classical proportion and Mediterranean ease.

Foreign demand for Spanish property has hit a new high, with overseas buyers purchasing nearly 100,000 homes in the latest year. At the very top of the market is a narrow segment of large homes with five or more bedrooms and seven‑figure price tags, which is where many foreign buyers are now lo

Is Marbella still a smart investment in 2026?

Over the past decade, the Costa Blanca has quietly evolved into one of Spain’s most compelling destinations for discerning property buyers.

Madrid’s prime residential market is undergoing a quiet shift – beyond rising prices per square metre, genuine access to luxury is narrowing. Higher average purchase values, an ageing buyer profile and limited property turnover are restricting entry. A report by Diza Consultores suggests the true barrier is no longer price alone, but who can afford to access – and remain within – the capital’s most exclusive addresses.

High-end agency, The Agency Marbella, forecasts further price growth in this prime area of Málaga, driven by strong international demand and a structural shortage of well-located homes. Marbella remains the most dynamic market and will continue to attract high-net-worth buyers thanks to its climate, lifestyle and security. In the town, properties could rise by between 7% and 8% this year.

Between Huelva and Seville lies Villalba del Alcor, home to Hacienda La Hincosa, a striking early 20th-century mansion by Aníbal González, the architect behind Seville’s Plaza de España. The property offers nearly 2,500 m² of living space on a 30-hectare equestrian estate and is currently listed for sale on idealista for €3 million.

British and German buyers remain Spain’s top foreign property purchasers, now joined by a surge in Dutch investors, according to Property Registrars data. In 2025, these three nationalities dominated the country’s residential property transactions.

Spain continues to captivate foreign buyers seeking exclusive properties, particularly large homes with five or more bedrooms.

Perched dramatically on the iconic cliffs of Los Gigantes, this extraordinary penthouse represents one of the most exclusive residential offerings in all of Tenerife.

Estepona is establishing itself as a premier destination for luxury property on the Costa del Sol, with new-build prices now reaching €7,000 per square metre. Part of the celebrated Golden Triangle, alongside Marbella and Benahavís, Estepona’s allure stems from a combination of substantial private and public investment in recent years—a trend set to continue throughout 2026.

Caledonian is entering a new growth phase after closing 2025 with revenues exceeding €90 million and a real estate portfolio of more than €500 million. Specialising in prime residential development, the company is now preparing to enter the hotel sector with its first project, launch its first office development linked to its new Madrid headquarters, and explore opportunities to expand beyond Spain.

Luxury housing enters the year marked by more selective buying and rising wealth creation. According to experts, by 2026, the premium residential market will be defined by more than the pursuit of prime locations or extravagant amenities.

Las Palmas has emerged as a top residential destination in the Atlantic, prized for its climate, quality of life and expanding cultural and business scene. In Gran Canaria’s capital, exclusive areas feature historic villas, sea-view penthouses and modern buildings, often near some of Spain’s finest urban beaches.

The Paraguas Group, behind renowned restaurants like Amazónico, Ten con Ten and El Paraguas, has opened Club Metrópolis in Madrid’s iconic Metrópolis building. The space combines fine dining, a boutique hotel and a terrace with unrivalled views of the city, all beneath the emblematic dome topped by the Winged Victory, a symbol of Madrid’s skyline.

Mountain homes, popular year-round, have become true havens of sophistication, where luxury blends effortlessly with the surrounding landscape. Décor can range from traditional to contemporary, always maintaining harmony with nature.

In one of Málaga’s most talked-about residential developments, the renowned Térmica Beach, a nearly 500 m² flat has just come onto the market for almost €5 million, according to its listing on idealista. This new luxury residential icon is set on the beachfront and is designed to become a benchmark for premium urban development on the Costa del Sol, helping to shape the city’s emerging “golden mile.”

Spain has cemented its position as a top destination for international buyers with ultra-high net worths, thanks to lifestyle, climate, and the quality of its residential offerings, according to Engel & Völkers’ Private Office Market Report 2026.The study reveals that Spain saw the fourth-larges

Mallorca is increasingly regarded as one of the world’s most desirable residential retreats for entrepreneurs and high-net-worth individuals. This was underscored during two recent roundtable discussions at real estate events organised by Tecnitasa — one focusing on architecture, interior design and landscaping, the other exploring the evolution of the prime property market in the Balearics.