THE PROPERTY
S PE CI AL
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Housing hustle
Spain’s housing market is on track for another strong year in 2025 ACCORDING to leading real estate firm Solvia, property sales are expected to keep rising, even though prices may grow faster than the number of transactions. The biggest changes are expected in the rental market, but buyers and investors still have reasons to be optimistic, especially in sought-after areas like the Costa del Sol. In 2024, the market showed solid performance, particularly in the second
half of the year. Lower interest rates, stable job numbers, and continued interest from international buyers all helped boost activity. Although more homes are now being built, supply is still falling short of demand. This shortage is one of the main reasons property prices continue to rise across much of Spain. Solvia predicts home sales will grow by around 3 per cent to 4 per cent in 2025, a sign of steady, ongoing demand. Con-
tributing factors include lower borrowing costs, a backlog of interest from previous years, and a rising preference for smaller, more affordable homes, the kind that tend to sell faster. By late 2025, mortgage conditions may improve further, making it easier for more people to buy. Coastal regions like the Costa del Sol remain particularly attractive. Known for its sunny climate, relaxed lifestyle, and strong rental potential, the area conti-
nues to draw both holiday-home seekers and long-term residents, including many from overseas. With three million more people now living in Spain compared to 2008, and all needing housing, demand is likely to remain high. Whether you’re planning to buy, invest, or relocate, Spain’s property market still offers solid opportunities, with the Costa del Sol standing out as one of the most desirable regions to watch.