Un Ranking 2025 Of course, emerging neighborhoods by city, Budget type to start with and alerts of regulation and saturation. Quick Conclusion: Murcia maximizes monthly income, Valencia it's the full bet, Malaga seeks medium-term growth.
It's not Madrid or Barcelona: the best risk-return equation is between Murcia, Valencia and Malaga. Inside: simple tables, selection criteria (profitability, revaluation, demand, price) and strategies to buy or diversify without dispersing.
How we conducted the study
To identify the most attractive cities to invest in in 2025, we have cross-referenced data from more than 20 specialized sources, including reports from The Economist, Tinsa, real estate consultancy firms such as Homes by Gestilar and market analysis of La Casa.net.
Five key factors have been considered:
- Gross rental return — calculated as annual rental income divided by the average purchase price, based on data from portals such as Idealist and consultants mentioned.
- Revaluation perspective — based on price developments in 2024 and forecasts for 2025 from sources such as CaixaBank and Prime Invest.
- Dynamism of demand — volume of purchases, tourism, teleworking and population growth (source: INE, Percent Services).
- Average price per square meter — price comparison in capitals and metropolitan areas (source: Tinsa).
- Saturation level and regulation — presence of regulations that limit tourist or residential rental, drawn from La Casa.net and specialized media.
The result is an updated X-ray that allows us to identify Which city best fits each investor profile, from those looking for stable monthly income to those who bet on medium-term capital gains in order to make your work easier when looking for real estate opportunities. In addition, it must be remembered that you should always analyze the tax burden on each investment, since the taxes on real estate investments can significantly reduce final profitability.
The most attractive cities to invest in real estate in Spain
After analyzing the main indicators of the Spanish real estate market, this is the ranking of the capitals with the best prospects in 2025, according to profitability, revaluation, entry price and dynamic demand
Murcia — Leading return with low risk
With an average gross return of 7.6% and with a price per m² that is still low, Murcia tops the 2025 ranking. The demand for rent remains high thanks to its university population and internal migration. Bubble risk is low and competition between investors is much lower than in more media capitals. Neighborhoods such as El Carmen or Vistabella offer a good balance between price and demand.
Valencia — The Perfect Balance
Valencia combines returns from 6.2—7%, economic dynamism, stable tourism and quality of life. Emerging neighborhoods such as Ruzafa, Patraix or Benimaclet have the highest projection, while areas such as Malvarrosa or Benicalap are still affordable with high rental demand. Its international airport and the arrival of technology companies reinforce the potential for revaluation.
Malaga — Medium-term capital gain
The Costa del Sol has experienced rapid growth, with Malaga leading the 2024 revaluation (+18%). Teleworking, international tourism and foreign investment have boosted interest. The returns are around 6.5%, but the real attraction lies in the added value of areas such as Huelin, Theatinos and nearby municipalities such as Benalmádena or Estepona.
Seville — Stability and tourist projection
Seville maintains returns close to 6.2%, with prices per m² lower than other major capitals. Its tourist and cultural appeal supports the demand for both residential and vacation rentals. Areas such as Triana or Los Remedios combine stability and growth potential.
Zaragoza — Solid alternative
With returns of between 5 and 6%, Zaragoza It is a stable market, with lower volatility and affordable entry prices. Neighborhoods such as Delicias or San José are examples of areas with solid demand and room for revaluation.
Madrid and Barcelona — High volume, moderate profitability
Madrid and Barcelona they continue to attract investment because of their liquidity and international projection, but gross returns are around 5% or less in prime areas. Regulatory pressure, especially in Barcelona, and high prices reduce net returns, although peripheral neighborhoods such as Villaverde or Nou Barris exceed 6%.
Key factors that mark 2025
- Gross return greater than 6%: Murcia, Valencia and Malaga lead this indicator (The Economist, La Casa.net).
- Growing Demand: Teleworking and international attraction favor Valencia and Malaga (Prime Invest).
- Entry Price: Murcia and Zaragoza are still the most accessible (Domoblock).
- Revaluation perspective: Malaga (+18%), followed by Valencia and Seville (CaixaBank).
Investing in multiple cities without buying a single property?
It's a common dilemma for investors: There is no “perfect” city for everyone with which to avoid this way, the risks in real estate investment and get a ROI and TIR optimal. Although Murcia offers great returns, Valencia stands out for its balance between income and liquidity, Malaga promises revaluation potential and Seville offers secure stability. The problem is that to take advantage of these advantages, an investor would have to buy and manage properties in different parts of the country, which involves high cost, time and complex management.
This is where it comes in Reental.
Our platform allows you to easily invest in real estate projects in different cities from a single account and in one place. We already have active opportunities in Malaga, Valencia, Madrid and Seville, allowing you to diversify geographically and benefit from the strengths of each market without the burden of managing properties.
This strategy not only spreads risk, but it increases the chances of making profits in markets that behave differently. For example, while Malaga can offer capital gains due to its revaluation, Valencia and Seville can generate stable rental income, and Madrid can provide you with liquidity thanks to its high demand.
Simply put, you don't have to choose a single city to invest in. With Reental, you can be in them all at the same time.
Would you like to know more about how it works? Sign up and discover all the opportunities we have for you today.
Keep learning about real estate investment with the following articles:
- Real estate investment tax in Spain 2025: practical guide
- Risks in real estate investment: rent, squats and delinquencies, how to minimize risks
- How to invest in real estate in Spain with little money
- What is a good real estate investment?
- What is the ROI, IRR or IRR in real estate
- How is the net return on a rental calculated
