Introduction: Spain's Real Estate Market in 2023 and Beyond
In 2023, the Spanish real estate market was valued at approximately USD 13.11 billion , marking a robust position in the European property landscape. Spain has long been a popular destination for both domestic and international investors due to its favorable climate, vibrant cities, and rich cultural heritage. Looking ahead, the...
The residential real estate market in Spain has seen significant growth in recent years, and this trend is set to continue in the coming decade. In 2023, the market reached an approximate value of USD 165.79 billion. With a compound annual growth rate (CAGR) of 5.8% forecasted from 2024 to 2032, the market is expected to grow to a value of around USD 276.69 billion by 2032. This growth can be...