Luxury real estate investment consolidates in Spain

PUBLISHED ON

Junio 18, 2025

CATEGORY

Real Estate

The real estate market in Spain has entered one of its most active periods, consolidating our country as one of the most attractive destinations for international investment, thanks to being the locomotive of economic growth in Europe. International buyers also value our country for its quality of life, excellent gastronomy, varied cultural and educational offer, high safety standards and an attractive cost of living compared to other European countries.

In addition to these attractions, the price per square metre in cities such as Madrid and Barcelona continues to be more competitive than in other destinations also considered prime. Not surprisingly, the Spanish capital has overtaken Paris for the first time as the second most attractive destination for real estate investment in Europe, behind only London, according to PwC and the Urban Land Institute. The American continent accounts for a large part of the source of investment, especially from the United States, which has increased its purchases of luxury homes by 255% in four years, rising from 620 purchases in 2020 to 2,199 in 2024, according to data from the Association of Registrars.

Two million euros
Single-family homes account for 62% of the supply of the luxury real estate market in Spain and have an average price of over two million euros. The villa is followed by the luxury flat (with 13% of the offer and an average price of 1.5 million), the rustic property (7% of the total and an average price of 2.2 million), the penthouse (6% of the offer and with an average value of 1.6 million), the flat (5% and 1.6 million) and the semi-detached house (4% and 1.4 million), according to a report prepared by Fotocasa and Infinitum.

In addition to the interest in property ownership, the sector has detected an increase in rental requests from professionals, entrepreneurs or families who move in for medium periods and who, after a first positive experience, end up acquiring a permanent residence or a second home. 

Luxury is not only an exclusive product, but also an experience, a lifestyle and a demand for excellence, quality and sophistication. This segment of the real estate market is evolving, driven by innovation, personalisation and the demand for exceptional services. 
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