According to data from The Simple Rent, an online network specializing in the sale of luxury real estate in Spain, 60% of demand comes from foreigners – mainly from Latin America, Western Europe, the United States and the Middle East.
Luxury real estate remains a “safe haven for capital”
A study conducted by The Simple Rent showed that the luxury real estate market in Spain is experiencing one of the most stable and strategically important periods in its recent history. According to the company, the premium segment has strengthened its role as a “safe haven for capital” amid economic uncertainty, inflationary pressure and legislative changes.
During the last financial year, transactions worth more than €1.5 million showed steady growth, driven by foreign demand and increasingly limited supply. In addition, more than 20% of transactions in the premium segment involved foreign investors, confirming Spain’s structural appeal as a place of residence for high-net-worth individuals.
According to the analysis, the average price of luxury housing sold in 2025 was about €2.6 million, exceeding €5 million in the most exclusive locations. One of the most dynamic markets was Madrid, with annual price growth of more than 6% in prestigious areas such as Salamanca, El Viso, La Moraleja and Puerta de Hierro. On the other hand, on the Costa del Sol coast – especially in Marbella, Benahavís and Sotogrande – growth ranges from 4% to 7%.
Where the supply of luxury housing is concentrated
Around 90% of the supply of homes priced above €1 million is concentrated in six autonomous communities:
- the Balearic Islands;
- the Community of Madrid;
- the Canary Islands;
- Andalusia;
- the Valencian Community;
- Catalonia.
The Balearic Islands lead the ranking, accounting for approximately 43% of luxury residential properties listed for sale, with an average price exceeding €5,100/m2. They are followed by Madrid (24%), with an average price above €4,500/m2, the Canary Islands (12%), with an average price close to €3,200/m2, and Andalusia, namely the Costa del Sol (more than 10%), where the average price is around €2,800/m2.
The Valencian Community and Catalonia round out the leading group, accounting for more than 8% and about 7.5% of the luxury housing market respectively. At the same time, the strongest growth is observed in the provinces of Alicante and Valencia – around 18% year-on-year.
Boom in high-end rentals
Another fact highlighted in the report was the “boom in high-end rentals” as a strategic formula for buyers and investors. The rental market ended 2025 with annual growth of more than 8%, reaching historic highs. This phenomenon is driven by rising international mobility, delayed purchase decisions and limited supply on the market.
Demand for rental housing priced above €3,000 per month increased most noticeably in Madrid, Barcelona, Marbella and Ibiza. In this context, 2026 is expected to become the “year of premium rentals”, with special focus on corporate, family and mid-term rentals.
