Spanish cities in the spotlight of investors
In 2025, Madrid and Barcelona ranked among the European leaders in prime real estate price growth. According to recent data, both cities continue to show steady increases in property values in prestigious neighborhoods. Madrid holds fifth place in the Europe-wide ranking with a 0.9% increase over the first half of the year. Barcelona follows, showing a 0.5% rise and ranking seventh. This result puts the Spanish metropolises ahead of traditional hubs where prices have fallen, such as London and Paris.
Affordability and development prospects
Despite the positive trend, the cost per square meter in Madrid and Barcelona remains lower than in most other major European cities. In the Spanish capital, the average price is €11,100 per square meter, while in Barcelona it’s €9,300. Experts predict that growth may accelerate by the end of the year, reaching 2–3.9%. This potential is attributed to a combination of high quality of life, developed infrastructure, and the appeal for international buyers. Expectations for continued demand are supported by a stable economic environment and the positive image of these cities on the international stage.
Global trends and local features
Globally, about 60% of major cities are also seeing a rise in luxury real estate prices, although growth rates are generally slowing compared to previous years. The highest increases have been recorded in Berlin, Amsterdam, and Lisbon, with prices rising by 7.2%, 3.6%, and 2.4% respectively. At the same time, cities such as Dubai, Tokyo, and Seoul continue to lead globally, showing growth rates above 5%.
Factors affecting the market
Analysts note that the main drivers remain a limited supply of exclusive properties, renewed interest from foreign buyers, and growing investment appeal. Madrid and Barcelona are further strengthening their status as international hubs, offering stability, a high quality of life, and a rich cultural scene. Investors are increasingly opting for long-term strategies, focusing on stable returns rather than quick resale. Additionally, city branding is playing a bigger role, further supporting demand for premium properties.
