Name: Spain Condominiums & Apartments Market Size, Share, Growth and Industry Report
Creator: IMARC Group
License: https://www.imarcgroup.com/privacy-policy
Keywords: Spain Condominiums & Apartments Market

Spain Condominiums & Apartments Market Size, Share, Trends and Forecast by Type and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A29560

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Spain Condominiums & Apartments Market Size and Share:

The Spain condominiums & apartments market size reached USD 130.40 Million in2024. Looking forward, IMARC Group expects the market to reach USD 226.33 Million by 2033, exhibiting a growth rate (CAGR) of 5.80% during 2025-2033. Rapid urbanization, rising demand for rental properties, tourism growth, foreign investment, government housing policies, economic stability, and increasing sustainability concerns are the factors propelling the growth of the market. Additionally, factors like remote work, infrastructure development, and demographic shifts contribute to market expansion and pricing trends.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 130.40 Million
Market Forecast in 2033	USD 226.33 Million
Market Growth Rate (2025-2033)	5.80%

Spain Condominiums & Apartments Market Trends:

Continuous Growth in Spanish Housing Prices

Housing prices in Spain have gradually risen throughout the years, indicating a strong real estate market. Newly built homes have increased value quicker than older residences, indicating a rising preference for contemporary constructions. While all housing types have appreciated, new buildings have witnessed more significant price rises, most likely due to a preference for modern designs, increased energy efficiency, and greater amenities. The consistent growth in property values indicates an upward trend in which buyers and investors remain confident. This continued rise emphasizes the appeal of new home alternatives while also bolstering the country's overall real estate industry stability. According to industry reports, since 2014, housing prices in Spain have steadily risen each year. The house price index, which analyzes price movements using 2015 as a baseline (index value of 100), reveals that new housing prices went up by 8% between 2021 and 2023 while existing home prices increased by 3.2%. This suggests that newly built residences have seen more value appreciation than older homes.

Ongoing Growth in Housing Sector

Property values in Spain have steadily increased, with certain locations hitting new highs. The average price of properties for sale has surpassed records established during prior property booms. This continued increase reflects strong demand, a limited supply of available houses, and evolving buyer preferences. Modern projects and freshly constructed homes continue to fuel appreciation, while older properties see value gains. The market is dynamic, influenced by economic conditions, investment activity, and changing housing demands. With property values constantly rising, the real estate sector in Spain demonstrates resilience and continued interest from both domestic and foreign purchasers, confirming its role as a key economic development driver. As of the third quarter of 2024, the real estate sector in Spain has seen continuous growth in property values, reaching record levels in certain provinces. According to industry reports, the average listing price for properties has risen to EUR 2,182 per square meter, surpassing the peak recorded during the 2007 housing boom, when prices were at EUR 2,115 per square meter.

Spain Condominiums & Apartments Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on type.

Type Insights:

Spain Condominiums & Apartments Market

Condominiums
Apartments

The report has provided a detailed breakup and analysis of the market based on the type. This includes condominiums and apartments.

Regional Insights:

Northern Spain
Eastern Spain
Southern Spain
Central Spain

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Spain, Eastern Spain, Southern Spain, and Central Spain.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Spain Condominiums & Apartments Market News:

In February 2025, the Golden Visa program was announced in Spain, which is a key driver of foreign investment in the country’s real estate market, set to end on April 3, 2025. The initiative, which requires a EUR 500,000 property investment, has fueled demand in prime locations such as Madrid, Marbella, and Alicante.
In January 2025, Dar Global launched Marea Interiors by Missoni, a USD 108 Million premium home project located in Spain's famous Finca Cortesin. As part of its global growth, the development strengthens Spain's high-end condominium and apartment sector, luring rich customers looking for exclusivity. This move demonstrates Spain's expanding popularity in the global luxury real estate sector.

Spain Condominiums & Apartments Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Type Region
Types Covered	Condominiums, Apartments
Regions Covered	Northern Spain, Eastern Spain, Southern Spain, Central Spain
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Spain condominiums & apartments market performed so far and how will it perform in the coming years?
What is the breakup of the Spain condominiums & apartments market on the basis of type?
What are the various stages in the value chain of the Spain condominiums & apartments market?
What are the key driving factors and challenges in the Spain condominiums & apartments market?
What is the structure of the Spain condominiums & apartments market and who are the key players?
What is the degree of competition in the Spain condominiums & apartments market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Spain condominiums & apartments market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Spain condominiums & apartments market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Spain condominiums & apartments industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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