Spain continues to experience increasing housing demand driven by population growth, urbanization, and foreign interest, especially in popular regions such as Madrid, Barcelona, Valencia, Alicante, and Málaga. According to the Banco de España, between 2022 and 2024, Spain accumulated a housing deficit estimated at 400,000 to 450,000 homes. This shortfall is expected to grow by an additional 150,000 homes in 2025, bringing the total estimated housing need to around 600,000 units.

Short-term rental conversions have further reduced the stock of homes available for long-term residents, particularly in tourist-heavy areas where up to 50% of housing is allocated to vacation rentals or owned by non-residents (Idealista, 2024).

The shortage of available homes has caused a rise in property prices. In 2024, resale prices rose 10.7% nationwide, averaging €2,244 per square metre (Banco de España, 2024). In 2025, Fitch Ratings anticipates additional price growth of 6% to 8%, driven by persistent supply constraints.

Due to high demand and limited supply, real estate prices in the Costa Blanca North region, which is particularly popular, currently range between €3,000 and €4,000 per square metre (Idealista, 2024).

Alongside addressing the housing shortage, new construction must meet evolving sustainability standards. The European Union mandates that all new buildings achieve nearly zero energy consumption by 2030. This transition toward energy-efficient housing is essential for reducing environmental impact and long-term operational costs. New homes built today will need to comply with these upcoming regulations, making sustainable construction a critical consideration for the future Spanish housing market.

As Spain continues to face a growing housing shortage and rising property prices, new construction provides a clear path forward. Building with Madera Flex Construcciones offers an effective solution, not only by contributing to the much-needed housing supply, but also by ensuring that all homes fully comply with the European energy efficiency regulations coming into force by 2030.
If you are considering building a home in the Costa Blanca North region and want to learn more about sustainable, future-proof construction, feel free to contact us for more information.