Residential sector Spain 2021

The residential sales in Spain increased by 38.1% in 2021, reaching 676,775 units, and the average price per square meter increased by 5.3% to EUR 1,507 per square meter. 

The greatest challenges for the metropolitan area segment are rent controls and public sector intervention in rental prices. 

The major opportunity in the residential sector will be in 2022 the new development housing in prime cities surroundings and tourism locations such as Costa Brava, Costa del Sol, Balearic Islands, Canary Islands and Levante.

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