Southern Spain has the most mature second-home infrastructure in Europe: management, schools, healthcare and resale depth all exist at scale.
- Where we look
- Marbella · Madrid · Barcelona · Mallorca · Ibiza
- Entry level
- EUR 600k for quality Costa del Sol villas
- Rental yield
- 4–6% gross with seasonal letting
- Foreign ownership
- Full freehold for foreign buyers
- Residency
- Non-lucrative and work-based visas; property no longer grants residency directly
- Taxes
- Transfer tax on purchase; annual property and wealth taxes in some regions
- Watch out for
- Regional tax differences are large — the province matters as much as the property.