Engel & Völkers Intelligence
Spain and Andorra
Passionate, sophisticated and devoted to living the good life, Spain is located in extreme southwestern Europe
Engel & Völkers presents its annual report on the real estate sector in Spain and Andorra, a new edition corresponding to 2020-2021. Our study is a broad X-ray of the real estate sector in Spain and Andorra: purchase and rental prices, customer profiles, type of properties, and supply and demand situation in each of the areas where Engel & Völkers is present in both countries.
In 2020, the average price of properties managed by Engel & Völkers in Madrid stood at 4.355 euros/sqn. After a completely atypical year, 2021 will see stable growth in prices for which we expect a 20% increase in sales figures, with a clear upward trend from the second quarter onwards.
