Some of the 21 districts of Spain’s capital city are well far off the 2,800 euros per square meter that Spaniards had to pay on average to purchase a home in 2023. The Spanish capital is home to some of the wealthiest districts of Spain, such as the historic Salamanca district, which topped the list at almost 7,000 euros per square meter. Rents in SpainWhilst Madrid’s districts had the highest prices for residential real estate, the Spanish capital was not the most expensive place to rent. Ibiza topped the list of the least affordable properties to rent, with households hypothetically requiring over 162 percent of their full income to pay off the rent. Located in the Andalusian province of Malaga, Marbella ranked second on the list, with over 156 percent of the full household income. Spain: the rebirth of a property marketAfter a long period of time in which Spain’s real estate prices increased sharply, the market was hit by the global financial crisis of 2007, making the Spanish property bubble collapse and damaging home value. It can be seen that real estate prices in Spain initiated a solid recovery in 2015, reaching 131.9 house price index points in 2021 from a lowest point of 96.27 index points recorded in 2013. The property market has made great progress, but it is still far off the rest of its European counterparts, and it is positioned, in fact, at the bottom of the European list of the EMF’s house price index, which is led by Czechia.

Housing Index in Spain increased to 2033 EUR/SQ. METRE in the first quarter of 2025 from 1972.10 EUR/SQ. METRE in the fourth quarter of 2024. This dataset provides the latest reported value for - Spain House Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

House prices in Spain have risen year-on-year since 2013. The house price index measures the development of house prices, with 2015 chosen as a base year when the index value was set to 100. In 2023, the index stood at 147.28 index points, meaning that since 2015, prices have risen by almost 42 percent. Overall, newly built homes saw appreciated faster than existing homes. Catalonia, the Balearic Islands and Madrid were the Spanish regions where prices of both new and existing housing have risen the most in recent years.

House prices in Spain have risen year-on-year since 2014. The house price index measures the development of house prices, with 2015 chosen as a base year when the index value was 100. Between 2021 and 2023, the house price index in Spain rose by eight percent for new housing and 3.2 percent for existing housing. Overall, newly built housing has appreciated more than existing homes.

After a long period of steady increase in real estate prices in Spain, the market was hit by the global financial crisis of 2007, resulting in the burst of the Spanish property bubble. House prices have since picked up and in 2023, the average square meter price reached 2,809 euros - just slightly below 2008 levels. Though prices have risen across the whole country, some regions, such as the Balearic Islands, Catalonia, Madrid, and Andalusia, experienced faster growth than others. Additionally, the gap between newly built and existing home prices has widened. Spain’s real estate market behind others The property market has made great progress, but it is still far off the rest of its European counterparts, and it is positioned, in fact, at the bottom of the European list of the EMF’s house price index, which is led by Czechia and Portugal. Supply is a major factor influencing the price development. Many European countries suffer housing shortages due to sluggish construction activity, and Spain is no exception. In 2022, ranked among the countries with the lowest number of residential construction starts per 1,000 citizens in Europe. Buying vs renting As happens with many other countries, the affordability of buying a home and renting will differ considerably dependent on the area. In 2022, the average Spanish citizen needed between five and 18 years to purchase an average priced property in their region with their full salary, with Murcia and La Rioja being the most affordable regions. The house price to rent index shows that house price growth has been much faster than rental growth. That is good news for homeowners whose homes appreciate over time, but an issue for renters who are yet to purchase a property.

The Spain Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail and More), by Business Model (Sales and Rental), by End-User (Individuals / Households, Corporates & SMEs and Others) and by Geography (Key City) (Madrid, Barcelona, Valencia and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The Spain Commercial Real Estate industry is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5% from 2025 to 2033. This expansion is fueled by several key drivers. Strong tourism, particularly in cities like Madrid, Barcelona, and Valencia, is boosting demand for hospitality and retail spaces. Furthermore, a growing population and increasing urbanization are driving the need for more residential (multi-family) and office properties. Investment in logistics and industrial real estate is also significant, reflecting Spain's growing role in European supply chains. While challenges exist, including potential interest rate hikes impacting financing costs and fluctuations in the global economy, these are largely offset by the strong underlying fundamentals of the Spanish market. The sector's segmentation reflects diverse investment opportunities. Major cities like Madrid and Barcelona account for a substantial share of the market, but other cities like Valencia and Malaga are also demonstrating significant growth potential, reflecting a decentralization of economic activity and investment. Key players, including Merlin Properties, Via Celere, and Kronos Investment Group, are driving this growth through both development and acquisition. The study period (2019-2033) provides a comprehensive overview of the market's historical performance and future trajectory, allowing for informed investment decisions. The diverse segments within the Spanish commercial real estate market offer compelling investment prospects. The office sector remains a significant contributor, fueled by both established businesses and burgeoning startups. Retail real estate continues to evolve, with a shift towards experiential retail and a growing online presence requiring strategic adaptations. The logistics and industrial segments are experiencing particularly rapid growth due to increased e-commerce activity and the strategic location of Spain within the European Union. The hospitality sector, while sensitive to global economic conditions, benefits from Spain's enduring popularity as a tourist destination. The multi-family sector is also witnessing expansion to meet the housing needs of a growing population. Understanding the interplay between these segments, coupled with an analysis of regional variations and the key players involved, is crucial for investors seeking to navigate this dynamic market successfully. The forecast period (2025-2033) provides a valuable outlook on the future trajectory of this promising market. Considering the historical data (2019-2024) will help in creating a balanced understanding of the market fluctuations and potential future trends. Recent developments include: December 2022: GAena, the Spanish public company in charge of general aviation airports in Spain, announced today a call for tenders for 86 duty-free shops, all of which are indivisible, at 27 airports in its network. The bidding documents include six lots in total, which is twice the number of lots available in the previous tender. According to a press release issued by Aena, the tender will double the number of lots to increase and favor competition among global operators. The total commercial space available will exceed 66.000 square meters, allowing for the development of economies of scale., June 2022: Allianz Real Estate, acting on behalf of several Allianz group companies, paid EUR 185 million (USD 196.95 million) for a portfolio of nine prime residential buildings in Madrid's Chamartn district. The transaction consolidates Allianz Real Estate's ownership of the larger block and expands its exposure to the highly attractive Spanish PRS sector, particularly in Madrid. It is located next to Castellana 200, a mixed-use office and retail asset already owned by Allianz Real Estate. The nine assets include 245 residential units as well as additional retail space.. Notable trends are: Increasing demand for logistics property driving the market.

The Spanish residential real estate market, valued at €166.01 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 6.90% from 2025 to 2033. This growth is fueled by several key drivers. Increased tourism and immigration are boosting demand, particularly in major cities like Madrid, Barcelona, and Valencia. A growing younger population and a shift towards urban living further contribute to the market's dynamism. Government initiatives aimed at improving housing affordability and infrastructure development also play a significant role. However, challenges remain. Rising construction costs and limited land availability in prime locations could constrain supply. Furthermore, fluctuations in mortgage interest rates and broader economic uncertainty pose potential risks to market stability. The market is segmented by property type (apartments and condominiums, villas and landed houses) and key cities. Major players like MetroVacesa, Neinor Homes, AEDAS Homes, and Via Celere are shaping the competitive landscape, demonstrating both the consolidation and dynamism within the sector. The forecast for the Spanish residential real estate sector indicates continued growth, albeit potentially at a moderated pace in the later years of the forecast period. While the strong growth drivers are expected to remain, the influence of external factors like global economic conditions and potential regulatory changes should be considered. The segmentation analysis highlights the differing dynamics across property types and geographic locations. Areas like Madrid and Barcelona, with their strong economies and established infrastructure, are likely to continue attracting significant investment and showing higher growth rates compared to other regions. Analyzing these trends allows for a deeper understanding of investment opportunities and potential risks within specific segments of the market. Continuous monitoring of economic indicators, government policies, and consumer preferences is crucial for navigating this evolving landscape. Recent developments include: October 2022: A build-to-rent (BTR) cooperation between Layetana Living and Aviva Investors was established in Spain. According to the statement, the collaboration between Aviva and the Spanish developer Layetana will construct a more than EUR 500 million (USD 531.20 Million) residential portfolio, already securing its first development project. Based on the recommendation of international real estate consultancy Knight Frank, the partnership purchased a 71-unit residential building in Barcelona's Sants neighborhood. Construction is scheduled to begin at the end of 2023., September 2022: Berkshire Hathaway HomeServices, a global residential real estate brokerage franchise network, expanded its services in the Valencian Community. It is now running with Maryana Kim directing a new office in Denia, in the northern section of the Costa Blanca. It is the fourth facility that Berkshire Hathaway HomeServices Spain opened in 2022.. Notable trends are: Rise in International Property Buyers in Spain.

The Spain Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Business Model (Sales and Rental), Mode of Sale (Primary and Secondary) and Key Cities (Madrid, Barcelona, Catalonia, Valencia Community, Andalusia – Malaga & Costa Del Sol and Rest of Spain). The Market Forecasts are Provided in Terms of Value (USD).

The average square meter price of new residential real estate in Spain was the highest in Catalonia and the Community of Madrid in 2024. In the second quarter of the year, both regions boasted home prices of over 4,000 euros per square meter. That was substantially higher than the average for the country, which amounted to 2,930 euros per square meter. Overall, house prices in Spain have been on the rise since 2016.

The Spain office real estate market, exhibiting a Compound Annual Growth Rate (CAGR) exceeding 4.00% from 2019 to 2024, presents a robust investment landscape. Key cities like Madrid, Barcelona, Valencia, and Seville are driving market growth, fueled by a burgeoning tech sector, increasing foreign direct investment, and a robust tourism industry. The market is segmented by key cities, allowing for targeted investment strategies. Major players like Cushman & Wakefield, Savills Spain, and CBRE Spain are shaping market dynamics through their development projects and leasing activities. Factors such as evolving workplace strategies (demand for flexible workspaces), increasing sustainability concerns (demand for LEED-certified buildings), and economic fluctuations in the broader European market present both opportunities and challenges for investors. The forecast period (2025-2033) suggests continued growth, though potential economic downturns and shifts in global investment patterns warrant careful consideration. The market size in 2025 is estimated (based on extrapolation from historical data and industry benchmarks) at €15 Billion, a conservative projection that takes into account the fluctuations that are inherent in real estate markets. This prediction will require regular review and adjustment to account for evolving macroeconomic factors. Continued growth in the Spain office real estate market is anticipated through 2033, driven by ongoing urbanization, a growing population, and a strengthening economy. However, potential headwinds include regulatory changes influencing construction and development, and competition from other European markets. The market’s resilience will depend on adapting to shifting tenant demands for flexible workspaces, sustainable buildings, and technologically advanced infrastructure. Successful players will need to demonstrate strategic agility, technological prowess, and a deep understanding of local market conditions. The concentration of activity in key cities presents both opportunity for significant returns but also the risk of oversaturation in specific micro-markets. Careful due diligence is therefore crucial for investors looking to participate in this vibrant sector. Recent developments include: Feb 2023: Hospitality technology provider and apartment operator, limehome, has signed 82 flats in the Balgequartier district of Bremen. The Balgequartier, a new inner-city district along Langenstraße, is currently being developed by Joh. Jacobs and Co. Four buildings of the mixed-use development will house shops and office space., March 2022: Meta announced new, 2,000 Staff Meta Lab to be Developed in Madrid. The new office space will provide flexible base for Meta's remote workers in Spain with space for local tech entrepreneurs and small businesses start-ups.. Key drivers for this market are: Increasing geriatric population, Growing cases of chronic disease among senior citizens. Potential restraints include: High cost of elderly care services, Lack of skilled staff. Notable trends are: Office Take-up Remains Strong in Spain.

The Spain condominiums and apartments market, valued at approximately €XX million in 2025, is projected to experience robust growth with a Compound Annual Growth Rate (CAGR) exceeding 5.40% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, Spain's burgeoning tourism sector consistently demands increased accommodation options, driving investment in both new construction and renovations. Secondly, a growing urban population, particularly in major cities like Madrid and Barcelona, creates sustained demand for modern, comfortable housing. Thirdly, favorable government policies and incentives aimed at stimulating the real estate sector contribute to market dynamism. While challenges exist, such as fluctuating interest rates and potential construction material cost increases, the long-term outlook remains positive due to the strong underlying fundamentals of population growth and tourism. The market segmentation reveals significant regional variations. Barcelona and Madrid, as the largest cities, naturally dominate the market share, with Valencia, Malaga, and Catalonia also contributing substantially. Leading construction companies like Dragados Sociedad Anonima, Ferrovial Construccion SA, and Constructora San Jose SA play crucial roles in shaping the market landscape. Future growth will likely be influenced by evolving consumer preferences, including an increasing demand for sustainable and energy-efficient buildings, smart home technologies, and flexible living spaces. The market's continued success hinges on addressing challenges such as maintaining affordability in the face of rising construction costs and ensuring sustainable development practices. Recent developments include: Oct 2022: A build-to-rent (BTR) cooperation between Layetana Living and Aviva Investors was established in Spain. According to the statement, the collaboration between Aviva and the Spanish developer Layetana will construct a more than EUR 500 million (USD 531.20 million) residential portfolio, already securing its first development project. Based on the recommendation of international real estate consultancy Knight Frank, the partnership purchased a 71-unit residential building in Barcelona's Sants neighborhood. Construction is scheduled to begin at the end of 2023., Sept 2022: Berkshire Hathaway HomeServices, a global residential real estate brokerage franchise network, expanded its services in the Valencian Community. It is now running with Maryana Kim directing a new office in Denia, in the northern section of the Costa Blanca. It was the fourth facility that Berkshire Hathaway HomeServices Spain opened in 2022.. Notable trends are: Rise in International Buyers in Spain.

Approximately ****** residential real estate transactions were registered in Madrid during the first quarter of 2022. This was a slight decrease from the previous quarter when the record number of ****** homes were sold.

The house price index (HPI) in Spain has increased steadily since 2013, reaching a 10-year record value in 2023. In that year, the HPI reached a value of 167.33 index points for newly built and 144.19 index points for existing homes, meaning that house prices for new construction have risen faster than for existing homes. An index value of 160 suggests that house prices have risen by 60 percent since 2015 - the base year of the index. Catalonia, the Balearic Islands and Madrid were the Spanish regions where prices of both new and existing housing have risen the most in recent years.

This statistic displays the house price index (HPI) of private housing in the Community of Madrid from 2nd quarter 2016 to 2nd quarter 2020. During this period the house price index in the Community of Madrid increased slightly from 100 index points in 2015 to approximately ****** in the second quarter of 2020. The House price index (HPI) his an important measure for the residential real estate market. It is used to show changes in the value of residential properties

The Spain manufactured homes market exhibits robust growth potential, driven by increasing demand for affordable and sustainable housing solutions. The market's Compound Annual Growth Rate (CAGR) exceeding 5% from 2019-2033 indicates a consistently expanding sector. Several factors fuel this expansion. Firstly, the rising cost of traditional construction makes manufactured homes a more financially accessible option for a wider range of buyers, particularly first-time homebuyers and younger generations. Secondly, the inherent efficiency in the manufacturing process leads to faster construction times and reduced overall project costs compared to site-built homes. This efficiency aligns with the current market trend towards faster project turnaround and reduced construction delays. Thirdly, environmental concerns are pushing consumers towards more sustainable building practices, and manufactured homes, when constructed with eco-friendly materials, can offer a more sustainable alternative. Finally, the market is segmented by type, with both single-family and multi-family manufactured homes contributing to the overall growth. The presence of established players like ALUCASA Mobile Homes, Cofitor Prefabricated Houses, and others, combined with new entrants continuously innovating in design and technology, fosters competition and fuels market expansion.
The market's growth is further facilitated by supportive government policies aimed at boosting affordable housing initiatives. However, certain challenges exist. Regulatory hurdles relating to building codes and land use regulations can sometimes hinder growth. Fluctuations in material costs and labor shortages present ongoing considerations. Nevertheless, the long-term outlook for the Spain manufactured homes market remains positive, with continued growth expected across both single-family and multi-family segments. The increasing adoption of advanced building technologies and sustainable materials will further drive the market's expansion in the coming years. This presents significant opportunities for both established players and new entrants looking to capitalize on the growing demand for cost-effective and environmentally conscious housing in Spain. Recent developments include: December 2022 - CBRE Investment Management ("CBRE IM") acquired a new affordable residential asset in Madrid, Spain, on behalf of a fund it sponsors. The property is in San Sebastian de Los Reyes and has a total gross lettable area of 12,174 square meters. It is fully leased and consists of two adjacent buildings with 82 homes, 123 parking spaces, and 82 storage units. It was completed in 2009., August 2022 - Harrison Street and DeA Capital SpA (DEA) announced a new joint venture (JV) to develop built-to-rent (BTR) residential housing across Spain. The companies also announced the launch of their first project together, a seed portfolio of 441 BTR units spread across two properties in Seville. DEA Capital Iberia, DEA's Spanish subsidiary, will manage the portfolio's development and operations. JLL Spain served as a commercial advisor to the JV and the initial project acquisition.. Notable trends are: Increasing Home Ownership Driving the Market.

Dataset that contains data scraped from the websites of Fotocasa and Idealista between 4th and 7th April 2022 and it is meant only for academic purposes.

Each record describes a house for sale in the Salamanca and Villaverde districts of Madrid by the following fields: id, url, title, location, price, m2, rooms, floor, num-photos, floor-plan, view3d, video, home-staging, description, photo_urls and source.

The context of this project is the Data Science Master’s Degree of UOC (Universitat Oberta de Catalunya), specifically the subject Data Typology and Life Cycle’.

Amsterdam is set to maintain its position as Europe's most expensive city for apartment rentals in 2025, with median costs reaching 2,500 euros per month for a furnished one-bedroom unit. This figure is double the rent in Prague and significantly higher than other major European capitals like Paris, Berlin, and Madrid. The stark difference in rental costs across European cities reflects broader economic trends, housing policies, and the complex interplay between supply and demand in urban centers. Factors driving rental costs across Europe The disparity in rental prices across European cities can be attributed to various factors. In countries like Switzerland, Germany, and Austria, a higher proportion of the population lives in rental housing. This trend contributes to increased demand and potentially higher living costs in these nations. Conversely, many Eastern and Southern European countries have homeownership rates exceeding 90 percent, which may help keep rental prices lower in those regions. Housing affordability and market dynamics The relationship between housing prices and rental rates varies significantly across Europe. As of 2024, countries like Turkey, Iceland, Portugal, and Hungary had the highest house price to rent ratio indices. This indicates a widening gap between property values and rental costs since 2015. The affordability of homeownership versus renting differs greatly among European nations, with some countries experiencing rapid increases in property values that outpace rental growth. These market dynamics influence rental costs and contribute to the diverse rental landscape observed across European cities.

The house price to income ratio index in Spain increased by about 15 index points between 2015 and the second quarter of 2024. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Spain's index score in the second quarter of 2024 amounted to 115.5, which means that house price growth has outpaced income growth by more than 15 percent since 2015. This was slightly higher than the Euro area 17 average.

Price to Rent Ratio in Spain increased to 149.13 in the fourth quarter of 2024 from 145.61 in the third quarter of 2024. This dataset includes a chart with historical data for Spain Price to Rent Ratio.