Figures
Real Estate Investment, market data - Figures third quarter 2025 Spain
We analyze the data and the investment market in Spain during the third quarter of 2025. Learn about the sector's situation, the aspects that have most influenced its evolution, along with investment and yield data.
October 31, 2025 5 Minute Read
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Spain records the third-highest volume of real estate investment in the first nine months of 2025, behind only 2022 and 2018. So far this year, real estate investment in Spain has reached 12.9 billion euros, 44% more than in the same period of the previous year. A 20% growth in investment is expected by the end of the year compared to 2024.
National investors lead the market, concentrating half of the total volume, followed by US (17%) and Canadian (8%) capital. Madrid and Barcelona together account for more than 50% of the investment in Spain, with 33% and 18% respectively. Secondary locations maintain their weight (37%), in line with the average of the last five years and with special prominence from the Valencian Community and the Canary Islands.
The Living segment leads with 3.75 billion euros, while the hotel sector accelerates strongly and adds 2.6 billion.
The Living sector continues to be preferred by investors, with more than 3.75 billion euros (29% of the total invested). It is followed by the hotel sector, which occupies the second position with more than 2.6 billion euros (20%) after an increase in investment in the third quarter.
Retail, for its part, has concentrated 1.935 billion, 15% of the total. Along with it, the Healthcare and alternative assets sectors also contribute 15% of the investment. The office market exceeds 1.677 billion euros (13%) and industrial and logistics reaches 1.064 billion euros (8%), showing signs of reactivation thanks to the progressive increase in activity and a greater product release to the market.