Spain

In welcome news, the regional government of the Balearic, which includes the islands of Ibiza, Mallorca, Menorca and Formentera, has announced significant changes to its wealth tax.

The improved outlook for inflation is weighing on borrowing costs across Europe.

Brought to you by our local experts, the European real estate outlook provides a high-level summary of European economies and real estate markets in 2024.

A robust economy, positive outlook for house price growth and low purchase costs point to Madrid being one of Europe’s best-kept secrets.

Regional election results sees foreign buyer restrictions put on the backburner.

Mallorca’s property market is in top gear, welcoming over 200,000 cyclists each year with many looking to rent or buy property in Spain.

Nearly 30,000 professionally managed units delivered with a growing pipeline in the capital and other provinces.

Educational operators are breathing life back in to prime central locations as growing international student numbers attracts investment into living sectors.

Investments in assets in Spain Private Rented Sector sees volume increase of 160% compared to 2019.

Competitive prime average rents, pro-business policy and transport connections are encouraging occupiers into the thriving Madrid and Barcelona hubs.