House hunters in Spain hoping for a crash that will send property prices tumbling are in for a rude awakening.

That’s the verdict of property expert and influencer Sergio Gutierrez, who believes the country is heading towards an ‘unprecedented housing access crisis’ in 2027.

Sergio said in a video shared with his followers that millions will be unable to buy or rent homes next year.

‘You’ve been waiting years for the bubble to burst. I’m sorry to tell you: it’s not going to burst. Something worse is going to happen,’ he said.

His warning comes amid an increasingly difficult housing market in many parts of Spain, where prices have surged while would-be buyers continue to struggle with affordability.

Gutierrez believes there could be some price corrections next year, but warned those waiting for a dramatic crash that would suddenly make Spanish property significantly cheaper could be disappointed.

‘Yes, in 2027 we’ll see price corrections, but large falls are going to be difficult,’ he said.

‘An unprecedented crisis’

Gutierrez argues that the problem facing Spain is increasingly one of access rather than simply the headline price of property.

Demand remains high while available housing is limited and expensive, creating an imbalance that has pushed prices beyond the reach of many households.

Gutierrez warned that elevated borrowing costs and wider pressures on household finances could make the situation even more difficult.

‘The Euribor is high, inflation is through the roof with the price of diesel and the shopping basket at record highs,’ he said.

‘The problem in 2027 is going to be an unprecedented crisis of access to housing, because you won’t be able to afford it, you won’t be able to get it and, if you want to rent, you’d better be earning a lot of money.’

His assessment paints a bleak picture for people who have held off buying in the hope that Spain’s booming property market will eventually undergo a major correction.

Rather than a dramatic collapse in values, Gutierrez expects affordability to remain the central problem.

Buyers waiting for a crash

The debate over a potential Spanish property bubble has intensified as prices in many of the country’s most desirable cities and coastal areas have continued to climb.

For would-be buyers priced out of the market, a sharp fall could theoretically provide an opportunity to get onto the property ladder.

But Gutierrez’s prediction is that there will be no dramatic nationwide crash in 2027, even if certain areas experience corrections.

His comments are a forecast rather than a certainty, and the direction of Spain’s housing market will depend on factors including interest rates, economic growth, employment, housing construction and demand.

However, the imbalance between supply and demand remains at the heart of concerns about affordability.

The increasingly prohibitive cost of conventional homes is also helping generate interest in alternatives such as prefabricated and modular properties, which are being marketed as potentially cheaper routes to securing a home.