SPAIN has been crowned as southern Europe’s top property market, attracting more investment than France, Italy and Portugal combined.
According to a report by global real-estate firm Colliers, Spain’s property market attracted €6.4 billion in investment in the first quarter of 2026.
Spain’s figure surpasses the combined investment in Italy (€2.9 billion), France (€1.9 billion) and Portugal (€915 million).
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This €6.4 billion in investment represents a 45.4% increase compared with the same period last year, while average investment across the Eurozone fell by 26%.
Growth was led by the residential sector, with €2.4 billion, followed by retail (€1.14 billion) and office buildings (€923 million), while hotels attracted €811 million.
Despite fears that the crisis in the Middle East and broader market uncertainty would damage Spain’s real estate market, it has instead attracted more investment.
Colliers say that, “Despite global volatility and geopolitical risks, investor interest in Spain remains strong, with no delays in transaction.”
The latest figures follow a highly lucrative year for Spain’s real estate sector, which attracted €17.5 billion in investment in 2025.
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