Spain’s property market remains red hot and despite rising prices and economic uncertainty, several leading experts say now is still a smart time to buy.
After years of spiralling rents, more Spaniards and foreign residents are turning to home ownership as a safer long-term option.
The shift has triggered a surge in demand, particularly in major cities and coastal areas, where rental shortages have pushed buyers back into the market.
The result is a housing sector under pressure, where demand is rising faster than supply, prices continue to climb, and waiting could mean paying much more in the near future.
According to María Matos, head of research and spokesperson for Fotocasa, the current environment still favours buyers, especially those able to secure financing.
‘We’re in the best mortgage period of the last three years,’ Matos told 20Minutos, pointing out that mortgage conditions remain attractive even as property prices rise.
She believes the strong demand for homes will continue, driven by social and economic factors that took hold after the pandemic.
Supply, however, remains tight, in a combination that she says will likely push prices even higher next year.
‘Anyone buying now is almost certainly avoiding a double-digit price increase in the coming months,’ Matos added.
That sentiment is echoed by Miguel Angel, president of the Federation of Real Estate Associations (FADEI), who urged buyers to take advantage of the current low interest rates before they change.
‘It’s a good time to buy, even if prices are a little higher,’ he said, noting that in many areas, mortgage payments are already lower than rent.
Both experts agree that conditions in 2025 present a unique window for buyers, especially those planning long-term investments or seeking stability after years of volatile rental costs.
While supply remains limited and uncertainty persists, the broader consensus is that Spain’s property market continues to offer solid opportunities for buyers who act now.
For some, like Rebeca Perez, CEO of Inviertis, the future is harder to predict, but even she acknowledges that delaying could mean losing out.
‘There are no quick fixes to Spain’s housing problems,’ she said. ‘But waiting for the perfect moment might be riskier than buying now.’
With mortgage conditions at their best in years, and demand showing no sign of cooling, experts agree that for those able to take the plunge, 2025 could prove a favourable moment to buy.
