Catalonia Real Estate Market in 2025: Crisis, Shortage, and Inevitable Price Growth
Only a week has passed since the SIMED 2025 construction summit in Malaga, yet the words of Spain’s крупнейших developers are still echoing like an alarm bell:
“This is no longer a crisis – this is a national emergency.”
The executives of AQ Acentor, Metrovacesa, Landco, and Neinor stated openly:
Spain’s housing market has reached its most difficult point in decades.
And as someone who works with Catalonia real estate every single day, I can say one thing:
every single word they said is the absolute truth.
There Is Almost No Land Left for Development. And This Is No Joke
Imagine a developer who has everything:
- financing,
- construction crews,
- buyers.
There is only one thing missing – land.
Around Barcelona and across mainland Catalonia, “ready-to-build” plots are either already taken, insanely expensive, or stuck in legal disputes for years. Municipalities are not approving new master plans, while the old ones no longer reflect today’s reality.
The result:
in 2025, fewer than 9,000 new apartments were delivered in Catalonia – three times less than what the market needs just to stay balanced.
Electricity Is the Main Enemy of Construction in 2025
Today, in Spain, you can build a house… but you cannot move into it.
Why?
Because Endesa and Iberdrola cannot provide power capacity.
- 83% of substations are overloaded.
- Completed residential complexes stand empty for months and even years.
- In Barcelona and Girona, waiting times for grid connection reach 3–5 years.
Developers openly say: “We are not launching new phases – there is no point.”
And this is happening not on the outskirts, but in one of the most economically active regions of Spain.
Catalonia Is the Epicenter of Tension and the Leader in Price Growth
The average housing price across Spain rose by 13–14% in 2025.
But Catalonia lives in its own reality:
+15–17% this year alone in coastal areas.
Price per square meter:
- Barcelona – from €3,200 per m²,
- Girona – around €2,900
and the growth continues.
Why is the situation so extreme here?
- Strong inflow of foreign buyers (USA, Germany, Latin America).
- Remote workers and digital nomads are not going anywhere.
- The lowest number of new homes per capita in the country.
The formula is simple:
huge demand + almost no supply -> prices rise and will keep rising.
What Developers Are Demanding (and Why They Are 100% Right)
At SIMED 2025, three key demands were voiced:
- Urgent reform of the Ley del Suelo
To simplify land approval and eliminate bureaucracy that blocks projects for years. - A “green corridor” for connecting residential projects to the power grid
Otherwise even completed and fully paid homes will remain empty. - Support for industrial and modular construction
This is the only way to rapidly increase supply volumes.
If nothing is done, housing prices in Catalonia will grow by 8–12% annually in 2026–2027.
This is not a guess – it is the forecast of industry leaders themselves.
Modular Homes Are Not the Future – They Are the Real Solution
In Northern Europe (Sweden, Germany), up to 40–50% of new housing is built in factories.
Spain is still at only 1%, but the trend is changing rapidly.
Key advantages:
- construction time – 6–9 months instead of three years,
- energy efficiency class A,
- costs 15–20% lower,
- minimal dependence on overloaded contractors.
Catalonia has already begun the active implementation of modular projects – and in 2026 this segment will grow explosively.
What This Means for the Average Buyer
Very simply:
there is less housing and more buyers. Prices only go up.
- Those who bought in 2022–2023 already gained +35–45%.
- Those who waited for a “price drop” are now paying 40% more.
The years 2026–2027 will bring even stronger price growth.
And this is no longer a matter of opinion – it is a matter of mathematics.
Why Now Is the Best Time to Buy in Catalonia
- Mortgage rates are at the lowest point of the cycle: 3–3.3% fixed.
- The weak euro gives buyers from the dollar zone a hidden 15–20% discount.
- The market has cleared itself of speculators – only real buyers remain.
- The best properties in Barcelona and along the coast are sold within months.
Now is the start of a new growth cycle.
Those who enter today win.
Those who wait – overpay.
What This Means for Clients of vivendanova.com
We work only with projects that will realistically be completed within the next two years – with verified permits, clear timelines, and real grid connections.
Most importantly:
we do not offer a list of “standard” properties.
We select a solution for each individual client.
Want an apartment by the sea?
Need a family home near Barcelona?
Looking for a modern energy-efficient new development?
We analyze infrastructure, legal security, delivery timelines, technical condition, and growth potential – and offer only those options that truly make sense for you.
By buying now, you lock in the price at the most выгодный level of the new cycle.
If you wait another year, the market itself will raise the price.
Conclusion: The Market Will Not Fall. It Will Become Even More Expensive
Spain’s housing crisis has already gone beyond an industry problem – it has become a national issue.
In the coming years, Catalonia will remain the region with the highest demand and the most limited supply.
Which means that prices here will grow faster than anywhere else.
And those who understand this are already acting today.