Spain is now among the top countries for expensive housing, but behind Hungary, Portugal, Bulgaria. So. In 2025, Spanish real estate went up in price by 9.3%. In Europe – by 6.1%. In 2027 experts expect growth of 7.4%, in 2028 – 6.2%.
The reasons are the same: the increase in population, reducing the size of households, a chronic shortage of supply, new restrictions, which Spain is already full. The forecast for Spaniards is not optimistic – prices will grow faster than income, that is, housing will become even more expensive.
The situation with prices in Western Europe
Each country of the European Union has its own specifics, so there is no general trend. For example, in Portugal and Ireland, prices are rising above expectations due to a strong labor market. In Sweden and the UK, on the contrary, there are problems with employment. In Germany, construction is constrained by the high cost of materials and electricity. In France, demand is suppressed by the political situation.
S&P Global analysts believe that the price situation in Portugal and Switzerland is still the most stressful. Whereas in France and Belgium it is more stable.
