Spain - 4th most attractive real estate investment in Europe by 2024

In a new study conducted by the international company CBRE, Spain ranked fourth in the rating of the most attractive European countries for investors in 2024. This is the only country where two cities, Madrid and Barcelona, made it into the top 10 of this rating. According to experts' forecasts, the real estate market in Spain will have a strong development.

According to a study conducted by CBRE, Madrid ranks third and Barcelona seventh among European cities preferred for investment. Both cities showed high potential for development in real estate. The commercial director of Capital Markets in Spain, Paloma Relinke, said that it is very good news that investors see Spain as one of the most attractive markets this year.

The investor survey revealed that participants are optimistic about the investment market and expect it to recover in the second half of the year.

In addition, the study showed that southern Europe is one of the priority areas for investors. Spain and Italy have made significant progress in environmental, social and governance standards, as well as digitalization, which is increasingly being taken into account by investors.

Real estate sales in Spain are expected to exceed last year's results. More than half of the investors surveyed believe that market activity will return to the levels seen before the increase in global interest rates in the first half of 2025.

However, investors will face some challenges this year, such as differences in buyer and seller expectations, high interest rates and stricter financing terms.

At the same time, CBRE's survey results show that only 27% of respondents believe that the geopolitical landscape will be a major obstacle to real estate investment. Last year there were 42% of such respondents.