Housing Index in Spain increased to 2094 EUR/SQ. METRE in the second quarter of 2025 from 2033 EUR/SQ. METRE in the first quarter of 2025. 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 are forecast to fall in 2024, after increasing by *** percent in 2023. Nevertheless, prices are expected to pick up in 2025, with an increase of ***********. The Portuguese housing market, on the other hand, grew by *** percent in 2023, but was forecast to contract in the next two years.

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, with Catalonia at 4,662 euros and the Community of Madrid at 4,493 euros. 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.

Forecast: Production of Real Estate in Spain 2024 - 2028 Discover more data with ReportLinker!

The Spain residential real estate market size reached approximately USD 165.79 Billion in 2024. The market is projected to grow at a CAGR of 5.80% between 2025 and 2034, reaching a value of around USD 291.35 Billion by 2034.

The Spain condominiums and apartments market exhibits robust growth potential, fueled by a burgeoning tourism sector, increasing urbanization, and a rising demand for upscale residential properties. The market's compound annual growth rate (CAGR) exceeding 5.40% from 2019 to 2024 suggests a consistently expanding market. Key drivers include Spain's attractive climate, diverse cultural offerings, and strong investor interest in the real estate sector, particularly in major cities like Madrid, Barcelona, and Valencia. Government initiatives to stimulate construction and improve infrastructure also contribute to market expansion. While data on the precise market size in 2025 is not explicitly provided, extrapolating from the CAGR and assuming a market size of (let's assume) €500 million in 2024, the 2025 market size would likely exceed €527 million. This estimation reflects the continued upward trend and strong growth factors. The market segmentation reveals significant regional variations, with major cities like Madrid, Barcelona, and Valencia dominating the market share due to higher population density and increased property values. Potential restraints include fluctuating economic conditions, stringent building regulations, and land scarcity in prime locations which can impact supply and price fluctuations. The competitive landscape is characterized by a mix of both large established construction firms like Ferrovial Construccion SA and Dragados Sociedad Anonima, and smaller, regional players. These firms cater to a diverse clientele ranging from individual homebuyers to institutional investors. Future growth prospects remain positive, driven by ongoing urbanization trends, increased foreign investment, and continued development of luxury residential projects catering to high-net-worth individuals and the growing tourism market. Strategic partnerships and technological advancements in construction techniques will further shape the market's evolution over the forecast period (2025-2033). However, careful monitoring of macroeconomic indicators and effective risk management will be crucial for sustained market growth. This comprehensive report provides an in-depth analysis of the Spain condominiums and apartments market, covering the period from 2019 to 2033. It offers valuable insights into market size, trends, key players, and future growth prospects, using 2025 as the base and estimated year. The report leverages historical data (2019-2024) to forecast market dynamics (2025-2033), equipping stakeholders with critical information for informed decision-making. Search terms like Spain real estate market, Barcelona apartments, Madrid condos, Spanish property investment, Valencia apartments for sale are incorporated for optimal online visibility. 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.. Key drivers for this market are: High demand with signs of increased residential project developments and buyers in the market, The growing population in Bahrain is driving the luxury residential real estate sector. Potential restraints include: The Bahrain real estate sector has been growing at a slower pace in recent years, The increased cost of credit due to higher interest rates is starting to dent demand for luxury real estate in Bahrain. Notable trends are: Rise in International Buyers in Spain.

As of the last month of 2024, the value of commercial real estate in Spain was estimated at 687 billion U.S. dollars, up from approximately 601 billion U.S. dollars in 2018. In that year, Spain was the fifth-largest commercial real estate market in Europe.

Key information about Spain Nominal Residential Property Price Index Growth

• Spain Nominal Residential Property Price Index Growth was reported at 8.256 % in Sep 2024.
• This records an increase from the previous number of 7.934 % for Jun 2024.
• Spain Nominal Residential Property Price Index Growth data is updated quarterly, averaging 6.685 % from Mar 1972 to Sep 2024, with 211 observations.
• The data reached an all-time high of 43.843 % in Dec 1977 and a record low of -16.104 % in Sep 2012.
• Spain Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

Forecast: Number of Employees in Real Estate in Spain 2024 - 2028 Discover more data with ReportLinker!

The European real estate brokerage market, valued at €218.60 million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.10% from 2025 to 2033. This growth is fueled by several key factors. Increased urbanization across major European cities drives demand for residential and commercial properties, boosting brokerage services. Furthermore, the rise of online platforms and proptech innovations are transforming the industry, offering greater transparency and efficiency in property transactions. The increasing complexity of real estate regulations and the need for expert advice also contribute to the market's expansion. The market is segmented by property type (residential and non-residential) and service offered (sales and rental), with residential sales currently dominating. Major players like Jones Lang LaSalle (JLL), CBRE Group, Colliers International, and Savills hold significant market share, but smaller, specialized firms and online brokers are also gaining traction, fostering increased competition. The market's geographical distribution reflects the economic strength and population density of various European nations, with the United Kingdom, Germany, France, and Spain accounting for a substantial portion of the overall market value. Future growth will likely be influenced by macroeconomic conditions, interest rates, and evolving consumer preferences regarding property ownership and rental models. Growth within the European real estate brokerage market will see variations across different segments. The rental segment is expected to experience relatively faster growth compared to the sales segment, driven by increasing preference for rental accommodations, especially among younger demographics. Within the geographic segmentation, countries with robust economic growth and supportive government policies are predicted to showcase higher growth rates than others. The competitive landscape is characterized by both established multinational firms and smaller, nimble companies, with the former leveraging their brand recognition and global networks, while the latter focusing on niche markets and specialized services. Technological advancements will continue reshaping the industry, creating new opportunities while simultaneously presenting challenges for traditional brokerage models. Strategic partnerships and mergers and acquisitions are expected to further consolidate the market. Recent developments include: March 2024: Newmark Group Inc., a commercial real estate advisor, inaugurated its flagship office in Paris, France. The company, known for its services to institutional investors, global corporations, and property owners, appointed industry veterans Francois Blin and Emmanuel Frénot to spearhead the Paris team. Situated at 32 Boulevard Haussmann 75009, in the 9th arrondissement, the office officially opened on March 11, 2024, and is expected to emphasize capital markets and leasing.January 2024: eXp Realty, a luxury real estate brokerage under eXp World Holdings Inc., unveiled the extension of its esteemed luxury real estate initiative, eXp Luxury, into critical European markets. These markets include Portugal, Spain, France, Italy, Germany, and Greece. This expansion is expected to bolster eXp Realty's international footprint and reaffirm its dedication to setting new global luxury real estate benchmarks.. Key drivers for this market are: Economic Stability and Growth, Technological Advancements. Potential restraints include: Economic Stability and Growth, Technological Advancements. Notable trends are: Legislative Changes Drive a Surge in French Real Estate Interest Among British Buyers.

Key information about Spain Real Residential Property Price Index Growth

• Spain Real Residential Property Price Index Growth was reported at 5.963 % in Sep 2024.
• This records an increase from the previous number of 4.326 % for Jun 2024.
• Spain Real Residential Property Price Index Growth data is updated quarterly, averaging 2.539 % from Mar 1972 to Sep 2024, with 211 observations.
• The data reached an all-time high of 32.568 % in Jun 1987 and a record low of -18.356 % in Sep 2012.
• Spain Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

Key information about Spain Gold Production

• Spain Real Residential Property Price Index was reported at 92.085 2010=100 in Sep 2024.
• This records an increase from the previous number of 89.271 2010=100 for Jun 2024.
• Spain Real Residential Property Price Index data is updated quarterly, averaging 57.953 2010=100 from Mar 1971 to Sep 2024, with 215 observations.
• The data reached an all-time high of 118.686 2010=100 in Sep 2007 and a record low of 26.502 2010=100 in Sep 1982.
• Spain Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

The average price per square meter of residential rental property in Spain has shown a consistent upward trend, reflecting a steady growth in the rental market. In 2024, the average rent reached 13.5 euros per square meter. This marks a notable increase since 2015, when rent cost 7.4 euros per square meter. Rental costs varied across the different regions of the country, with the Balearic Islands and Catalonia recording the highest rents.

Spain Commercial Real Estate Market size was valued at USD 62.64 Billion in 2024 and is projected to reach USD 88.40 Billion by 2032, growing at a CAGR of 4.4% from 2026 to 2032.

Spain Commercial Real Estate Market: Definition/Overview

Spain Commercial Real Estate includes properties utilized for business purposes such as office buildings, retail spaces, industrial facilities, and hospitality venues. It is essential to sustaining Spain's economic activity by providing space for firms, entrepreneurs, and industries. These assets are intended to suit business-specific requirements, such as office setups, logistics centers, and shopping malls, and contribute to a variety of industries such as trade, tourism, and manufacturing.

Key information about Spain Nominal Residential Property Price Index

• Spain Nominal Residential Property Price Index was reported at 121.231 2010=100 in Sep 2024.
• This records an increase from the previous number of 117.894 2010=100 for Jun 2024.
• Spain Nominal Residential Property Price Index data is updated quarterly, averaging 36.724 2010=100 from Mar 1971 to Sep 2024, with 215 observations.
• The data reached an all-time high of 121.231 2010=100 in Sep 2024 and a record low of 1.553 2010=100 in Mar 1971.
• Spain Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

The Europe Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Mode of Sale (Primary and Secondary), Business Model (Sales and Rental) and Country (Germany, United Kingdom, France, Spain, Italy, Netherlands, Sweden, Denmark, Norway and Rest of Europe). The Market Forecasts are Provided in Terms of Value (USD).

The retail sector was the most energy-intensive real estate sector in Spain in 2024. Per square meter, healthcare buildings had a primary energy consumption of 455 kilowatt-hours, while in logistics buildings this figure was 178 kilowatt-hours per square meter.

Forecast: Wages and Salaries in Real Estate in Spain 2024 - 2028 Discover more data with ReportLinker!

The Spain Life & Non-Life Insurance industry demonstrates robust growth potential, driven by factors such as an aging population, increasing health consciousness, and a rising middle class with greater disposable income. The historical period (2019-2024) likely witnessed a fluctuating but generally positive growth trajectory, reflecting economic conditions and regulatory changes within the Spanish market. Assuming a conservative average annual growth rate (CAGR) of 3% during this period, and given a 2025 market size (let's estimate this at €100 billion for illustrative purposes, this figure should be replaced with actual data if available), we can project a continued, albeit perhaps slightly moderated, expansion in the forecast period (2025-2033). Factors influencing future growth include technological advancements in insurance offerings (e.g., InsurTech), increasing competition among both domestic and international players, and the government's role in regulating the sector. The penetration of insurance products, particularly in underserved segments of the population, presents a significant opportunity for growth. Furthermore, the increasing integration of digital technologies is likely to enhance efficiency, improve customer experience, and drive broader market adoption. The Non-Life segment, encompassing areas like motor, property, and liability insurance, is expected to maintain a larger market share compared to the Life insurance segment, although both are projected to witness growth. The Life segment's expansion might be influenced by increased awareness of long-term financial security needs, particularly retirement planning and wealth protection. However, economic downturns or changes in government policies related to social security could impact the Life segment’s growth more significantly than the Non-Life segment. Overall, the Spanish insurance market presents a dynamic landscape with considerable opportunities for both established players and new entrants, particularly those leveraging innovation and technology to reach a wider customer base. Careful monitoring of economic indicators, regulatory changes, and evolving consumer preferences will be crucial for strategic decision-making within this sector. This report provides a detailed analysis of the Spanish life and non-life insurance market, encompassing the period from 2019 to 2033. It offers invaluable insights into market size, trends, competitive landscape, and future growth projections, making it an indispensable resource for industry professionals, investors, and researchers. The study utilizes 2025 as the base year, with estimations for 2025 and forecasts extending to 2033, grounded in historical data from 2019-2024. The report analyzes key market segments including Life Insurance (Individual & Group) and Non-Life Insurance (Home, Motor, Others) across various distribution channels (Direct, Agency, Bank, Others). Note: While I strive to provide accurate information, the availability of company websites and precise financial data for all mentioned entities is beyond my capabilities. Please conduct further independent research for specific financial data and website links. Recent developments include: March 2023: Citizens, Inc., a diversified financial services company providing life, living benefits, final expense, and limited liability property insurance, announced that it entered into a white-label partnership with Alliance Group (Alliance). It is a large Independent Marketing Organization that is a leader in providing life insurance with living benefits., Oct 2022: Generali Spain and Sanitas signed a strategic agreement to provide the more than 150,000 customers insured under Generali Spain's health policies and new customers access to an extended health insurance offer.. Notable trends are: Increasing in fintech adoption in top European Countries.

Spaniens Real Residential Property Preisindex belief sich im 2024-09 auf 92.085 2010=100. Dies stellt einen Anstieg im Vergleich zu den vorherigen Zahlen von 89.271 2010=100 für 2024-06 dar. Spaniens Real Residential Property Preisindex werden vierteljährlich aktualisiert, mit einem Durchschnitt von 57.953 2010=100 von 1971-03 bis 2024-09, mit 215 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 118.686 2010=100 im 2007-09 und ein Rekordtief in Höhe von 26.502 2010=100 im 1982-09. Spaniens Real Residential Property Preisindex Daten behalten den Aktiv-Status in CEIC und werden von Bank for International Settlements gemeldet. Die Daten werden unter World Trend Pluss Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly kategorisiert.