At KENSINGTON Finest Properties International, we remain committed to providing our partners with high-quality insights and data-driven decision-making tools. That is why we have published the Spain Real Estate Market Report 2024, a comprehensive analysis of the key trends that have shaped the past year, along with strategic forecasts for the year ahead.
This study has been compiled with the utmost care. It is available for download and combines official sources with internal market research. The focus is on developments in the prime and super-prime markets and on national and international demand patterns.
Key findings from the report:
- A 10% increase in residential property transactions compared to the previous year, positioning 2024 as one of the best-performing years since 2007.
- An average property price increase of 8.4%, with the Balearic Islands leading the way (+11%).
- Strong presence of foreign buyers, accounting for 19.5% of all transactions.
- Sustained demand for new-build properties, despite a decline in new project launches.
- Positive outlook for 2025, with upward price pressure expected in high-demand areas with limited supply.
With this report, KENSINGTON provides its partners, franchisees, and investors with a key strategic resource to better understand the current market landscape, enhance their foresight, and strengthen their position in highly competitive environments.
