Market Opportunity — Spain

Spain has emerged as one of Europe’s most attractive real estate markets, driven by structural demand, record tourism and steady international capital.

Housing demand > supply. The stock of homes for sale fell 16% YoY in Q1 2025, the steepest drop since Idealista tracks began—tightening prices and reinforcing the case for residential development and long-term rentals. Idealista

Tourism at new records. Spain hosted 94 million international visitors in 2024 (all-time high), with €126bn in revenue—supporting hospitality and short-stay assets in prime coastal and urban locations. AP News

Opportunistic entry points. Distressed/complex assets are trading at discounts: occupied properties can sell up to 60% below market, while large institutional landlords (e.g., Blackstone: ~40,000 units in Spain; ~13,000 in Madrid) attest to scale and liquidity.

How We Capture Value in Spain

  • Transforming Demand Imbalances — We acquire undervalued or under‑supplied residential assets, reposition them, and exit via sales or long‑term rental strategies.

  • Leveraging Tourism Growth — We focus on hospitality, short‑stay and coastal/urban assets aligned with record visitor flows to maximize cash flow and resale value.

  • Unlocking Distressed Assets — We target NPLs, occupied and other complex transactions at significant discounts, restructuring and enhancing them for profitable exits.

  • Scaling with Institutional Liquidity — We operate alongside major funds (e.g., Blackstone) to ensure liquidity and structure deals that attract follow‑on capital.

top view photography of city during daytime
top view photography of city during daytime