Madrid
Driven by its status as an affluent capital city and cultural hub, providing excellent international schools and an enviable quality of life, Madrid is highly sought after by foreign investors. Demand is ever-increasing within central, super-prime areas such as Salamanca, Chamberí and Retiro, but low supply will continue to fuel rising property prices throughout 2025. Major investment is underway to improve the city’s transport infrastructure, older buildings are being renovated, and the luxury sector has steadily been edging in, making Madrid one of the top five most popular cities amongst the super wealthy. Combined with economic stability, tax incentives, notably the “Beckham Law”, also appeal to UHNW buyers looking to invest in Madrid’s real estate.
The Balearic Islands
There’s a strong demand for super-prime luxury villas on the Balearic islands of Mallorca, Ibiza and Formentera, with particular interest in premium oceanfront locations and beautifully restored farmhouse-style estates. With their mild climate, exquisite countryside, crystal clear sea, and gentle island life pace, the Balearics have long appealed to artists, yoga enthusiasts, musicians, and those who appreciate a laidback, nature-inspired way of life. Yet, come summer, glamorous yachting harbours and up-tempo beach clubs awaken, and visitors take up residence in some of the most upscale private villas and boats in the Mediterranean. With the recent overhaul in wealth tax laws, relatively straightforward accessibility, and year-round appeal, the Balearics offers plenty to attract international investors.