Spain continues to be one of the most desirable destinations for property buyers worldwide, offering a blend of luxury living, investment potential, and a Mediterranean lifestyle unlike anywhere else. As we step into 2025, there are exciting developments that make this year the perfect time to buy property in Spain, especially in sought-after areas like the Costa del Sol.
A Final Opportunity: The Golden Visa Program
The Spanish Golden Visa program, which has enabled non-EU buyers to gain residency through property investment, is coming to a close on April 3, 2025. This is the last chance for buyers to take advantage of a unique opportunity that has allowed thousands to call Spain their home, and to also work in the country, through the purchase of property.
If this is the approach you want to take, then now is the time to act. The Golden Visa’s conclusion only enhances the exclusivity of owning property in Spain, and buyers who secure their investment before the deadline can take full advantage of the program. With expert guidance, the process is straightforward and stress-free.
Even without the Golden Visa, Spain remains an attractive destination for property ownership due to its lifestyle, stability, and consistently strong property market.
Bulgaria and Romania Join the Schengen Zone
As Bulgaria and Romania join the Schengen Zone, travel within Europe is now more seamless than ever. For property owners in Spain, this means even greater connectivity and accessibility. For residents of these countries, Spain becomes an even more attractive option for property investment or relocation. The Costa del Sol, with its stunning beaches, world-class amenities, and luxurious properties, is well-positioned to welcome a new wave of European buyers from the two countries.
Costa del Sol Hits Record Number of Tourists in 2024
The Costa del Sol and Málaga province had a record-breaking year in 2024, welcoming 14.4 million tourists, a 3.17% increase from 2023, according to Turismo Costa del Sol. Visitors spent €21.2 billion, up 10.9% year-on-year, reinforcing tourism as the key industry for the region and Spain overall.
Employment in Málaga’s tourism sector grew by 7%, with 137,408 people now working in the industry. Hotel profitability also rose by 6%, showcasing the region’s resilience and appeal. “Málaga province remains the top tourist destination in Andalucía and one of the leading destinations in Spain and Europe,” said Francisco Salado, president of the Costa tourist board.
A Luxury Property Boom
The Costa del Sol continues to shine as one of the most prestigious property markets in Europe. In 2024, investment in high-end properties grew by 20%, reaching over €3.2 billion. This remarkable growth only strengthens the region’s ongoing appeal to international buyers seeking the perfect blend of luxury, lifestyle, and investment potential.
Areas such as Guadalmina, Marbella, Estepona, San Pedro de Alcantara and Benahavís offer an incredible array of properties, from modern villas with panoramic views to charming apartments in exclusive communities. These properties are not only ideal for holiday homes but also represent smart investments with strong rental demand and long-term value.
A Positive Outlook for Buyers
Spain’s property market is evolving, and exciting opportunities abound. While some legislative proposals, such as the potential tax on non-EU property purchases, have been discussed, the country remains one of the best places to invest in real estate. Spain’s enduring popularity, coupled with its world-class lifestyle, makes it a prime location for buyers from all over the world.
Your Path to Spanish Property Ownership
Now is an excellent time to invest in Spanish real estate, and at Winkworth, we’re here to make the process seamless and rewarding. Whether you’re looking for a luxurious villa, a stylish apartment, or an investment with high returns, our team of experts is ready to help you find the perfect property.
Contact us today to explore our exclusive listings and discover how owning property in Spain can transform your lifestyle and secure your future.