Luxury real estate in Spain

In the south of Tenerife lies a property that defies easy categorisation. It is neither a traditional estate nor a conventional tourist resort.

Kylian Mbappé is experiencing one of the most intense periods of his career.

Facing the Mediterranean and just a short walk from Cala Serena beach, this luxury villa is one of the standout properties currently on Mallorca’s high-end real estate market. Built on 927 m² of land, the home offers 490 m² of living space, a prime seafront location and panoramic sea views. Listed on idealista for €3.5 million, it combines privacy, spacious interiors and direct access to one of the island’s most sought-after coastal settings.

In 1950, a French consul commissioned the construction of this villa in Terramar – one of Sitges's most exclusive and peaceful areas. More than 75 years later, the property remains true to its original design and is now listed for €7.5 million. It offers 1,294 m² of living space on a 3,006 m² plot bordered by three streets – with no adjoining neighbours and just 200 metres from the sea, ensuring exceptional privacy.

If you love tennis, this striking villa in Gijón stands out – though powerful shots could send the ball into the Cantabrian Sea thanks to its clifftop court. Listed on idealista for €2.3 million, the nine-bedroom property offers exceptional views, a dramatic coastal setting and generous living space – making it one of the most distinctive homes on the Asturian coast.

In the hills above Genova, just ten minutes from the centre of Palma de Mallorca, the luxury villa Can Beaus stands within nearly 10,000 m² of private grounds, discreetly removed from the rhythm of the city. Originally constructed in 1900 as a guesthouse for the Spanish royal family, the estate

Spain’s housing market slowed across most price brackets in the first quarter of 2026, according to idealista data. Yet one segment moved in the opposite direction.Homes priced above €1 million were the only properties to record rising demand nationwide, with contacts per listing increasing by 3%.

In recent years, purchasing exclusive properties has become an increasingly widespread choice among those who wish to safeguard their capital over the long term. Investing in luxury real estate provides financial stability, tends to act as a hedge against inflation and can generate potentially high returns.

Prefabricated homes are now one of the most sought‑after residential options – including among luxury buyers. The market offers a wide range of models to suit different tastes and budgets. While the concept of luxury varies, there are exclusive and elegant designs starting at around €200,000 and reaching well over one or two million euros. The price of a modular home depends largely on factors such as design, size, location, manufacturer, finishes and included features.

Spain’s high‑end housing market continues to draw both domestic and international buyers, but the very top tier of large, seven‑figure properties remains relatively small. Official figures show that a handful of regions concentrate most sales of large homes worth over €1 million, giving a clear

The Costa del Sol is one of Spain's most sought-after areas, both in Spain and internationally. It stretches from Manilva to Nerja, with the city of Málaga at its centre and Marbella, Benahavís, and Sotogrande as epicentres of glamour and luxury. This region, in addition to its pleasant year-round climate, is renowned for housing some of Spain's most luxurious residences. In this article, we showcase the most expensive luxury villas on the Costa del Sol, such as a Hispano-Arabic style villa in Los Flamingos, Benahavís, currently for sale for €34 million.

Finca Cortesín is one of the most exclusive resorts on the Costa del Sol, combining a luxury hotel, golf course and premium residences. It stands out for its privacy, architectural design and high‑end services. Green fees can reach €460, while the resort also features a spa, beach club and a range of exclusive experiences in a privileged Mediterranean setting.

The real estate market has added a new standout property in northern Spain. In Igeldo, a district of San Sebastián, an impressive villa overlooks the Cantabrian Sea, where the landscape becomes the defining feature of every room. Listed on idealista for €2.27 million, the property sits on a landscaped plot of over 1,200 m², arranged in terraces that descend towards the sea horizon.

American and Latin American buyers are playing an increasingly prominent role in Spain’s luxury real estate market. One of the key voices in this segment is Bruno Rabassa, CEO of Berkshire Hathaway HomeServices Spain, part of Warren Buffett’s real estate network. In an interview with idealista/news, he analyses the current market outlook and explains how US buyers are being drawn to Spain. He also describes the country as the “Florida of Europe” – an increasingly attractive destination both for retirement and for raising a family.

Previously the headquarters of the Andalusian Railway Company – and later home to the Southern Hydrographic Confederation (CHS) and the Andalusian Water Agency – the historic Palacio de la Tinta (which translates to Ink Palace) has now been transformed into a five‑star hotel. Designed by architect Julio O’Brien, the building dates back to 1908 and originally functioned as a railway administrative centre, when large amounts of ink were required daily for the manual issuing of tickets – a detail that gave the palace its distinctive name.

For years, Torremolinos was known for package tourism and 70s apartment blocks rather than high-end residential living.

The Armani Group is set to land on the Costa del Sol with Armani Residences Marbella – an exclusive development of 33 homes. The project is a joint venture between Sierra Blanca Estates and Playa Assets, led by Abel Matutes and Rafa Nadal. Set within a 50,000 m² plot, surrounded by nature and boasting panoramic views of the Mediterranean and Sierra Blanca mountains, construction is expected to begin in June and be completed in 2028.