According to the Union of Real Estate Credits (UCI), the purchase price of property could increase by 5%, while rents will continue to rise, with increases of up to 10% in some areas. This increase is due to high demand and a lack of supply in the market, indicating that the upward trend in prices will continue into 2025. Access to housing, both for purchase and rental, is consolidating as a challenge due to insufficient supply in the market.
The real estate sector in Spain is facing 2025 with expectations of price stability, attracting international investors in search of profitability and stability. Industry experts emphasize the importance of implementing housing policies that encourage the construction of new developments and the rehabilitation of existing properties. According to Idealista, the supply of homes for sale has decreased by 15% year-on-year, with notable declines in Madrid, Barcelona, and Zaragoza.
The UCI projects a 10% increase in mortgage approvals, with around 400,000 transactions throughout the year. The importance of sustainability and energy efficiency in the evolution of the real estate market is highlighted. A possible reduction in interest rates by the European Central Bank is expected to facilitate access to financing.
On the other hand, the UCI predicts that the profile of foreign buyers will continue to diversify, with an increase in the presence of investors from France, the Nordic countries, the United States, and Latin America.
