As the real estate market in Spain continues to show signs of growth and resilience, a recent report by Fotocasa reveals that a quarter of Spaniards are planning to buy a home in the next five years. This figure represents a one percentage point increase compared to the previous year, indicating a strong interest in property ownership among the population.
The search for a better quality of life, emancipation, and profitability are driving factors behind the increasing interest in buying a home. With attractive interest rates expected to continue, experts predict that 2026 could be one of the most dynamic years in the history of the real estate market in Spain.
However, despite the high level of interest, the lack of affordable supply is slowing down purchases for some buyers. The study shows that 18% of individuals have already tried to buy a home in the last year, which is a significant increase compared to the previous year. Obstacles such as lack of savings, economic and employment situations, and high prices are cited as reasons for delaying the purchase decision.
Among those who do not currently have plans to buy a home in the medium or long term, the employment situation and budget incompatibility are the main reasons. However, mortgage conditions are softening, which could potentially make homeownership more accessible for some individuals.
Overall, the housing market in Spain is expected to remain vibrant and active in the coming years, driven by a combination of economic factors and individual aspirations for homeownership. Despite challenges, the desire to own a home remains strong among Spaniards, pointing towards a positive outlook for the real estate market in the future.
