Compared to many European Cities, the Spanish Real Estate market remains affordable in the big cities, and therefore offers better return on investment. According to Deloitte, Barcelona and Madrid, along with the Costa del Sol, the Balearic Islands and Valencia, are some of the top locations for good rental income. The Balearics have recovered from the crash the quickest, reaching almost 90% of their pre-crash peak. Madrid has achieved the biggest growth this year, boasting a 10.9% increase in house prices in 2018, the region has grown to just over 80% of its highest recorded levels. Other regions that have experienced strong recovery are Andalusia, the Canary Islands, Galicia, Murcia, Valencia and Catalonia, all of which have recovered to at least three quarters of their peak prices. |