Spain is a country of contrasts, beautiful nature, large metropolises, and an impressive culture. The options it offers for living are endless, making it the fourth most important country for the luxury housing market, and it's no wonder. But, how to choose among so many options? According to the Luxury Report Outlook study by Sotheby’s International Realty, several cities stand out as the best destinations to buy luxury properties.
Madrid is a city that offers and has everything. Capable of enchanting those who visit it for the first time, this European capital has become in recent years an important luxury enclave on the continent. It’s not just about its growing and award-winning gastronomy (it has dozens of Michelin-starred restaurants), but also about the recent openings of luxury hotels in the city center, its exclusive neighborhoods full of history and life, its modern properties offering all advantages, or its impeccable and eclectic cultural offer. Madrid is the nerve center of the country, the place that gathers the most multinational companies, tourism, and international meetings, and boasts a mix of urban essence and calm that few cities can claim.Whether you want to buy a penthouse in the city center, in exclusive and interesting neighborhoods like Almagro, Salamanca, Retiro, Goya, Lista, or in more residential areas away from the city’s hustle and bustle, like La Moraleja or La Finca, Madrid is an ideal choice to acquire a luxury penthouse.
Another destination that has become an epicenter of luxury housing is the Balearic Islands. Their main cities on the islands of Mallorca, Ibiza, Menorca, and Formentera are ideal places to buy a luxury penthouse.Each with its special characteristics, these cities and their islands offer impressive natural landscapes, a wide range of luxury with stores of major international brands, exclusive hotels, and award-winning and diverse gastronomy.Whether in the center of one of the metropolises or inland, surrounded by stunning nature with views of the Mediterranean Sea, any of these charming cities offers a perfect place to live.
Spain offers multiple seaside destinations so paradisiacal that visitors often wish to live there. This is the case with Marbella, known as the jewel of the Costa del Sol and the preferred destination of national and international celebrities.Marbella is the epicenter of luxury on the Costa del Sol. Its hotels, restaurants, shops, marinas, and numerous golf courses offer options for those wanting to live in a luxury penthouse in an exclusive city blessed by spectacular nature.
The capital of Catalonia is famous worldwide for its cultural offerings, irreverence, and privileged location by the sea. Full of opportunities to enjoy luxury in all its forms, Barcelona offers the possibility of enjoying the advantages of living by the sea without sacrificing the vibrant world of a European metropolis with a luxury penthouse to match.Its wide boulevards, mountains, nearby beaches, old and historic neighborhoods, impressive and unique buildings – like the Sagrada Familia, Park Güell, or Casa Batlló – make Barcelona a unique place. And its luxury offerings in award-winning restaurants, impressive shops, and exclusive properties make it a perfect destination to acquire a property.
Legendary for its good weather and filled with history, good food, and culture, Seville deserves a special mention when talking about Spanish cities where you can invest in real estate, especially a luxury penthouse.The Giralda, the Real Alcázar, the April Fair, Holy Week, the Triana neighborhood, its food, wines, and people, among many other things that could be listed endlessly, make this city, close to both the mountains and the sea, a perfect place to live and enjoy.
Life by the sea is different, and in the case of the Costa Blanca, it’s a fact you can experience firsthand. It’s no coincidence that this area of Spain has become trendy. Alicante is one of those cities that captivates you as soon as you visit, and with its old town, beaches, 300 days of sunshine a year, growing gastronomic scene, and character, it invites you to stay and live there forever. And if it's in a luxury penthouse, it's an unbeatable plan.
Discover Calle Serrano: The Heart of Luxury in Madrid
Exploring Culinary Excellence: Top Michelin-Star Restaurants in Madrid
Why is it the right time to buy luxury villas in Spain?