Taxation and housing: a barrier to real estate investment?

The high tax burden, which far exceeds the European average, presents significant challenges for access to housing.
real estate investment

The high tax burden, which far exceeds the European average, presents significant challenges for access to housing.

Andalusia attracted €837 million in direct foreign capital, a 41% increase compared to 2023.

The current economic context, shaped by the tariff storm and an interest rate-cutting monetary policy, leaves retail investors facing a scenario where making a decision is not straightforward.

Starting in September, it will be possible to purchase both new-build and second-hand properties through Urbanitae Direct Investments.

We spoke with Daniel Barbero from Urbanitae’s Technology team.

The dynamism across all segments is evident, supported by a favorable economic environment.

The geographical distribution of hotel investment has been concentrated in four main areas, accounting for 80% of total investment.

Real estate investment is expected to grow by 15% in 2025, bringing the total volume to around 16 billion euros.

The preferred IRR sets a minimum annual return for Urbanitae investors thanks to the equity contributed by the developer. But the final IRR may be higher.

The US tariff shift could impact €500 million in material exports. But it might also bring some advantages for Spain.