Map of elite real estate in Spain 2024: Location of exclusive properties and buyers.

Spain is strengthening its position as a leading destination in the luxury real estate segment. Climate, culture, lifestyle, safety, and entertainment are some of the advantages that attract investors to our country, especially foreigners. Additionally, there is a wide and diverse selection of destinations and properties with particularly competitive prices compared to other markets like London or Monaco. Among the countries, the most sought-after market with the highest amount of inventory is the Balearic Islands. There is no doubt about that. Also in the spotlight are Castellón, Cádiz, Girona, Tarragona, and Alicante.

Balearic Islands

A market research study on luxury real estate in Spain conducted by Teknitasa explains that Mallorca offers the majority of luxury residential properties.

Madrid community

In the Madrid community, luxury homes are mainly located in the capital, especially in the Salamanca district. The areas of Pozuelo de Alarcón, Alcobendas, and San Sebastián de los Reyes in the northern part of the region also attract significant interest.

Catalonia

In Catalonia, the capital, Sitges, Gavà, Sant Andreu de Llavaneres, and Sant Cugat del Vallès are highlighted in the province of Barcelona; and municipalities of the Costa Brava, such as Begur, Blanes, Cadaqués, Castell-Platja d'Aro, and Sant Feliu de Guíxols, in Girona. Significant investments in luxury real estate have also been recorded in other provinces, such as Málaga, Cádiz, and Alicante.

Investor profile

The luxury segment is actively attracting foreign investors, mainly from Europe (Germany, the UK, Sweden, Switzerland) and increasingly from North and Latin America. Luxury buyers are looking for exclusivity, quality, and smart homes to manage their residences from anywhere at any time.