At Emede ETL Global, we would like to emphasise the significance of this development, which we view as a noteworthy trend in the realm of international property investment. Spain is strengthening its position as a leading destination for high net worth individuals seeking to acquire luxury residences.
This is not solely for the purpose of real estate investment, but also as a component of a comprehensive strategy related to well-being, international mobility and wealth preservation. This context is of great interest to investors and professionals in the sector, and it deserves careful analysis.
High net worth individuals – defined as those with assets exceeding £25 million – are focusing on Spain as a preferred destination.
According to the Private Office Market Report 2026, produced by Engel & Völkers in collaboration with Henley & Partners, the country is among the four markets with the highest global interest in luxury housing.
The report identifies the enhancement of personal wellbeing as a primary motivator of investment and relocation decisions for ultra-high-net-worth individuals. In this context, high-end housing is no longer viewed exclusively as a financial asset; it now plays a strategic role in wealth preservation, international mobility and quality of life.
This evolution is occurring in a scenario marked by geopolitical uncertainty and the growing movement of capital globally. During the past year, Italy has seen the largest surge in international enquiries from this category of investor, with France, the United Arab Emirates and Spain following closely behind.
Greece and Switzerland are also showing positive trends, while Canada and the United States have experienced a slight decline in demand. As Stuart Siegel notes, the allure of the Italian lifestyle and its more relaxed rhythm holds particular appeal for those seeking experiences and well-being.
In the current landscape of international real estate investment, Spain is a prominent choice due to its attractive combination of climate, lifestyle, legal security, excellent international connections and cultural wealth. The aforementioned factors are contributing to its status as one of the top destinations for high net worth individuals.
The study also notes that Spain is among the countries where prices in the prime segment have experienced an increase over the past year. Interest is predominantly focused on large urban centres and high-end residential areas.
Madrid has confirmed its status as one of the most robust markets, thanks to its cultural, educational and business offerings, as well as its role as a European hub for international executives and professionals. In addition to the capital, coastal destinations and island areas are also gaining prominence, especially Mallorca, which offers conditions highly valued by this type of buyer, such as climate, air connectivity, security and a wide range of international schools.
Engel & Völkers Private Office anticipates that Spain will continue to attract high net worth individuals in the coming years, affirming its reputation as a premier destination for the globally ultra-wealthy.
The report’s findings underscore a paradigm shift in the perception of well-being among the world’s wealthiest individuals. The primary motivation for acquiring overseas property is the pursuit of an enhanced lifestyle, with the aspiration of downsizing being a close second.
Other significant factors to consider include considerations of security, stability, and climate resilience. Stuart Siegel has stated that luxury home buyers are becoming more open to compromising square footage for a higher quality of life.
This trend is characterised by a clear focus on experience, with a preference for privacy, exclusive locations, access to leisure activities and proximity to natural environments. The value of outdoor experiences is also reflected in the most sought-after features in this type of property.
A global survey of private office experts has revealed that more than half of them consider outdoor spaces and outdoor living to be the most important attribute in a luxury home. Privacy and security, as well as cultural and experiential components, were cited as the second and third most important attributes, respectively.
(El Economista, 15-01-2026)
