Real Estate Investment, market data - Figures third quarter 2024 Spain

Up to the third quarter, prime yields on all real estate products in the various European markets have stabilized. With the expectation of further interest rate cuts, a reduction in financing costs is expected, which will compress prime yields in the long run, and will encourage a gradual increase in investment volumes during 2025.

Real estate investment in Spain has registered a transacted volume of 8,054 million euros during the first nine months of the year, an increase of 6% over the same period last year. During the third quarter, investment amounted to €2,539 million, reflecting a slight increase of 9% compared to the same quarter of 2023.

Living sector continues to lead real estate investment in Spain

The Living segment accounted for 31% of investment in the first 9 months of the year, with 2,484 million euros. This weight increased in the third quarter (39% of the total), accounting for a volume of 987 million euros. In second place is the hotel sector, whose investment amounted to 1,715 million euros, although it recorded a drop of 21% compared to 2023. The retail segment is in third place, with a growth of 72% and an accumulated investment of 1,337 million euros.