In 2025, Paseo de Recoletos in Madrid became the most expensive street in Spain for property purchases. The average price per square meter reached 19,000 euros, allowing this avenue to surpass even the well-known Calle Serrano in the capital.
According to recent market data, among the country’s most expensive districts are Nou Llevant and Portixol in Palma de Mallorca, where the price per square meter is around 16,000 euros. In Marbella’s prestigious Puente Romano area on the Golden Mile, property sells for 15,000 euros per square meter. In Barcelona, on Paseo de Gràcia, prices already exceed 10,000 euros per square meter.
Experts note that high prices in these areas are sustained by several factors. These include limited supply, strong demand from foreign buyers, and the unique characteristics of the properties themselves. As a result, prime locations remain resilient to general market trends and continue to attract investors.
In the premium real estate segment, buyers are seeking not just square meters but also the unique lifestyle each of these locations offers. Here, value is placed not only on location but also on architecture, service level, privacy, and exclusivity. International demand supports record prices, and unique properties become symbols of status and investment appeal.
The study also shows that the gap between property prices in upscale and regular neighborhoods continues to widen. In Madrid, for example, prices range from €950 per square meter in southern districts such as San Cristóbal de los Ángeles to €19,000 on Paseo de Recoletos. In Andalusia, the range is even greater: from €525 in Jerez de la Frontera to €15,000 in the luxury real estate hub on the Costa del Sol coastline.
This trend confirms that the premium market segment not only remains resilient but is pulling further ahead of conventional housing. Experts believe these areas are becoming genuine enclaves of investment stability and symbols of exclusivity in Spain’s real estate market.
