The luxury real estate market in Spain is experiencing the best moment in its history. The Balearic Islands and Marbella are home to the vast majority of homes whose value is only suitable for the pockets of billionaires.
The most expensive property is located in Florida, where the market is also flourishing. The market has opened to more nationalities, especially as a result of the pandemic in the Middle East and the invasion of Ukraine by the Russians. The number of houses over 20 million euros are scarce, when in Malaga and Mallorca they are relatively common.