Staff Reporter
SPAIN is teeming with culture, charm, and beauty. These inviting qualities draw people to its cities, islands, and coasts to live and enjoy a high quality of life.
The weather is warm and comfortable, the people are welcoming, the food is divine, and the places and activities are unmatched.
Adding to this, residents enjoy quality healthcare and decent living costs.
If you’re considering moving to or relocating within Spain, you’re not alone. In 2022, Spain saw a surge in migration, with nearly 730,000 people moving to the country.
The real estate market in the country is strong in 2024 and is set up to do well in 2025—making property here an investment to seriously consider.
There are many areas in Spain where buying property is worth considering, particularly in these six places.
Whether you’re looking for a humble abode, a rental property, a holiday home, or a luxury estate, you’ll find properties of all types in these cities, regions, and islands.
1. Madrid
Madrid, the country’s capital and most populated city, boasts a prosperous job market that offers a well-balanced lifestyle.
Daily siestas (though these occur around the country) allow workers to pause mid-afternoon and then return to work refreshed, and laid-back work atmospheres are the norm.
Around the city, there are plenty of local cuisine options and many arts and culture attractions to fill your free time, ranging from theatres and museums to festivals and thriving nightlife.
A few drawbacks to consider are that the city is an incredibly busy tourist destination during peak travel seasons and one of the country’s most expensive cities to live in.
However, it’s still more affordable than other major European cities.
2. Barcelona
Another of Spain’s well-known cities is Barcelona, and it turns out that it’s not just an appealing place for tourists but also an appealing place to invest in personal or investment property.
The city has dozens of neighbourhoods to choose from, allowing you to prioritise a beach paradise, a bustling city centre, or a peaceful place at the edge of it all where you can enjoy a slower pace of life but also to wander into the busyness of the city when looking for entertainment. (Although with casinos.com top casino analysis, you’ll find plenty of entertainment options without needing to leave your home.)
Owning a property anywhere in Barcelona puts you near some of Spain’s cultural gems like Casa Batlló, the Cathedral of Barcelona, and Barceloneta Beach.
3. Costa del Sol
The Costa del Sol region is filled with sunny coastal towns overlooking the Mediterranean Sea, making it prime for property investments.
The weather is warm and sunny year-round, and there are plenty of sandy beaches, world-class golf courses, and markets filled with local products.
Although Costa del Sol is a popular vacation destination, it also has a positive reputation for expats and families looking to settle here long-term.
The towns in Costa del Sol vary in affordability, with options for various budgets. The coastal towns tend to be the priciest, while inland areas offer more affordability while being close to beach amenities.
Popular cities in the region include Marbella and Malaga. Marbella is where you’ll find luxury properties with waterfront views.
It’s one of the more expensive areas to buy property in, but if you’re interested in a city with a resort-like lifestyle, this is the place to be.
Malaga is a rapidly growing city with a strong economy and opportunities for English speakers, drawing many expats to the region.
4. Valencia
Valencia is another tourist hotspot and worthwhile area to consider when buying property in the country. It has cultural attractions inviting you to explore Valencia and Spain’s history and modern life.
It also has more affordable property options than Madrid or Barcelona and a much more affordable cost of living.
The lifestyle in Valencia is hugely appealing to people worldwide, not just Spaniards. Valencia is home to over 100,000 expats, just shy of 13 per cent of the city’s population.
Life in the city is slower-paced and relaxed, includes a convenient public transit system, and benefits from Spain’s general approach to work-life balance.
5. Canary Islands
The Canary Islands consist of eight islands, each offering something unique to its residents. The volcanic islands are renowned for their white and black sand beaches, moderate year-round temperatures, and many resorts that welcome tourists.
Most properties available on the islands are apartments, usually with two or three bedrooms.
Tenerife is one of the most popular and populated islands in the region. It has many resorts and is a major kitesurfing spot, but there are less frequented and more affordable areas where you can settle down with minimal tourist disruption.
The second most populated island is Gran Canaria, and while it does get tourists, it has a more relaxed atmosphere for residents, making it an appealing place to find a property with a stunning waterfront view.
6. Balearic Islands
The Balearic Islands are renowned for being beach paradises with exciting nightlife and vibrant party scenes. However, that’s not all these islands offer.
Some islands, like Mallorca (also known as Majorca), are creative havens for musicians and artists. Others, like Menorca, contain a UNESCO Biosphere Reserve with fascinating flora and fauna that appeal to nature enthusiasts and outdoor lovers.
These islands are also worth considering for property investment. Properties vary from villas to apartments, allowing you to find something that matches your budget.
Conclusion
Spain offers numerous attractive locations for property buyers. Whether you’re seeking a luxurious holiday villa or a comfortable apartment for yourself, you’ll find options that meet your needs in these six beautiful and unique cities and regions.
