Buying a luxury house or villa in Spain. Where to look? What to know?

Luxury homes are one of the most lucrative ways to invest abroad. Spain offers a stable market and lucrative short- and long-term rentals. Find out everything you need to know about buying a premium property on the Iberian Peninsula.

The property market in Spain is very inviting for investors. You can expect an attractive return if you decide to buy a luxury villa or a rental apartment. The holiday season lasts almost all year round in this country on the Iberian Peninsula, attracting tens of millions of tourists every year. However, before you can apply for a mortgage and finalise the deal, you need to find the right property. Fortunately, Spain has luxury houses and apartments in attractive locations to offer.

26.02.2025

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Luxury properties are very popular because of their spaciousness, attractive location and numerous amenities. Staying in such properties is a pure pleasure. Add to this the breathtaking views of the Mediterranean Sea or traditional Spanish architecture - it sounds like the best possible investment. You can choose from luxury houses and apartments.

Luxury villas in Spain go far beyond the standard idea of a comfortable home. These residences are located in picturesque villages, often surrounded by nature. Spacious, comfortable interiors, a view of the mountains or the sea, and the opportunity to purchase a premium property. Such a villa in Spain has everything you could possibly need: a modern and elegant design, large glass windows and, of course, a swimming pool.

Luxury apartments, on the other hand, are synonymous with urban elegance and modernity. Their greatest advantage is their location. They are located in prestigious seaside resorts and housing complexes, often in new, newly built developments. This means they offer their residents comfortable interiors, large terraces, top-of-the-range fittings, lifts, parking spaces and even direct access to the beach. In addition, the owners of luxury apartments can – depending on the development – use the gym, solarium, swimming pool and spa area.

Where is the best place to look for and buy luxury homes? Spain is beautiful and diverse, making every location seem like a hit. However, there are two locations that are particularly worth considering: the Costa Blanca and the Costa del Sol. These are popular tourist regions, especially for investors who are interested in luxury apartments and houses for rent. They are also perfect for people who are looking for a property for themselves, e.g. for a long holiday or retirement.

 

• Costa Blanca – a region in central Spain with a coastline of around 244 km. It is home to the popular tourist destinations of Alicante and Benidorm. The so-called White Coast is the perfect place for both sunbathers and mountain enthusiasts. You can find luxury houses for sale in Polop, Altea, Moraira or Calpe.
  
   
• Costa del Sol – an Andalusian tourist region in the south of Spain. The sunny coast has a coastline of 185 km, including some of the most popular seaside resorts in the country – Marbella, Málaga or Torremolinos. The Costa del Sol is not only a paradise for beach lovers and water sports enthusiasts. Golfers should also take a closer look at the property market in this part of Spain. You can buy villas and apartments in Estepona, Mijas and Benahavis, for example.

Forecasts for 2025 predict an increase in property prices of around 3% (according to a report by the global rating agency S&P Global). This trend is expected to continue in the coming years, but the cost increases will gradually decrease. Currently, prices for premium homes start at around 450,000-500,000 euros. On the other hand, you will pay a minimum of 280,000 euros for luxury apartments.

The property market on the Iberian Peninsula is booming. Numerous investments mean that new luxury homes are constantly coming up for sale. Spain is very popular among investors for a reason. The reasons for its popularity are as follows:

• Location – long summer and warm winter, access to the sea and plenty of tourist attractions make Spain an attractive choice.
   
• High quality of life – Spain is unrivalled in this respect. This is confirmed, for example, by the ranking prepared by InterNations, in which Valencia won, with Alicante close behind. Málaga, on the other hand, came in 5th.
   
• Stable market – favours investors whose luxury villas continue to increase in value. At the same time, property prices are rising more slowly than in Poland.
   
• Possibility of year-round rental – the tourist season never really ends here. This means that an apartment or villa in Spain can generate a profit for 12 months.

If you are interested in luxury properties in Spain, you should first familiarise yourself with the regulations regarding the investment itself and how to finance it. Many people decide to take out a mortgage, which can cover up to 70% of the purchase price. In addition, you need to apply for a N.I.E. number and open a bank account. To make sure you can buy a luxury house or apartment in Spain without any problems, get help from a trusted real estate agency.

A luxury villa in Spain can be yours for less than 450.000 €. Such investments are waiting for you in Orihuela, Los Alcázares and San Fulgencio. The modern houses have private swimming pools and are located a short distance from the beach. In Finestrat, you can buy a modern semi-detached villa for 599.000€, while in Torrevieja, a fantastic house in an urbanisation is available for 449.000€. Do you have a bigger budget? Check out the luxury villas in Moraira, Marbella and Benahavis, where prices reach over 3.000.000€!

Which luxury apartments can you buy? For example, a modern apartment right by the beach in Torrevieja for only 155,000 euros. Do you like to play golf? Then you should definitely consider investing in a property just a stone's throw away from the course in Orihuela Costa. It costs just under 200,000 euros. Lovers of mountainous landscapes should take a look at the apartment for 335,000 euros in Monforte del Cid, while fans of urban scenery will certainly like the penthouse with a rooftop pool in Benidorm, which costs 465,000 euros.
 

Villas and apartments in Spain are the best investment – both for you and your family and for renting out. Check out the Elite World Estates offer and discover luxury properties for sale on the Costa Blanca, Costa del Sol and Costa Calida!

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Let us narrow down the search among the properties available through us, by contacting us and finding the best options for you. 
We are here to help you!
Please enter your contact details below and we will contact you as soon as possible.

Let us narrow down the search among the properties available through us, by contacting us and finding the best options for you. We are here to help you! Please enter your contact details below and we will contact you as soon as possible.

Let us narrow down the search among the properties available through us, by contacting us and finding the best options for you. We are here to help you!
Please enter your contact details below and we will contact you as soon as possible.