Spain Tops the Investment Ranking
In a landmark achievement, Spain has been ranked first among European countries for real estate investment attractiveness, according to a recent study by the consulting firm CBRE. In 2025, the total investment volume in Spain’s real estate market exceeded €18.4 billion, marking a 31% year-on-year increase—the highest growth rate since 2018 and well above the European average.
Looking ahead, CBRE projects continued momentum with an anticipated 5-10% rise in investment volumes in 2026, potentially reaching between €19 billion and €21 billion. This positive outlook is supported by monetary stability and improved financing conditions within the country.
The findings, drawn from the “European Investor Intentions Survey 2026,” which surveyed nearly 700 European investors, highlight a growing preference for southern Europe. Spain leads the ranking, followed by the United Kingdom, Poland, and Italy, with Portugal securing sixth place.
Madrid and Barcelona Among the Most Attractive Cities
Spain stands out as the only European country with two cities ranked among the top five most attractive destinations for foreign real estate investors for the second consecutive year. Madrid claims the second position, buoyed by its large market size and robust economic growth, while Barcelona holds the fifth spot.
Why Investors Choose Spain
The study reveals that nearly half of foreign investors identify Spain as their primary investment destination due to its strong yield potential. This is underpinned by a resilient economy, high housing demand, and a shortage of supply in key market segments.
Priority Property Segments
Investor preferences across property sectors are as follows:
- Residential real estate: 34%
- Logistics assets: 25%
- Office properties: 13%
- Retail premises: 12%
Investor Expectations for 2026
Looking forward, the report indicates strong confidence among investors, with approximately 89% expecting their purchasing activity to either increase or remain stable in 2026. Similarly, 83% anticipate that sales activity will grow or maintain current levels.