Your Gateway to the Iberian Real Estate Market from the Benelux Region

Why More Benelux Buyers Are Investing in Iberia

In recent years, residents of Belgium, the Netherlands, and Luxembourg have shown increasing interest in buying property in Spain and Portugal. The reasons are clear:

• Lifestyle appeal: More than 300 days of sunshine per year, a relaxed pace of life, and rich cultural heritage.

• Affordability and value: Property prices in Spain and Portugal remain highly competitive compared to Western Europe, while offering attractive rental yields (6–8%).

• Accessibility: Frequent direct flights from Brussels, Amsterdam, and Luxembourg make weekend getaways and flexible living possible.

• Investment potential: Both markets have shown strong growth and stability — even through shifting economic cycles.

For Benelux buyers, the Iberian Peninsula is not just a place to spend holidays; it’s a long-term opportunity to diversify investments, secure lifestyle assets, and generate passive income through holiday rentals.

Spain: High Demand, High Potential

The Spanish real estate market continues to be one of Europe’s most dynamic. In 2024, transaction volumes increased by 7% and national housing prices rose by 6%. Demand is particularly strong in:

• Madrid and Barcelona – for city-living and long-term investments

• Costa del Sol and Costa Blanca – for second homes and rental properties

• Balearic and Canary Islands – for exclusive lifestyle properties

Northern European buyers — including many from the Benelux region — are drawn to Spain’s balance of lifestyle and profitability. Luxury real estate remains especially active, with prime properties in Madrid’s Salamanca district reaching €8,600/m².

Whether you’re looking for a beachfront apartment, a modern city penthouse, or a countryside villa, Engel & Völkers Spain offers premium listings, transparent guidance, and tailored investment advice.

Portugal: Stability Meets Lifestyle

Portugal’s property market has also gained impressive momentum. In 2024, luxury home transactions grew by more than 200%, and key destinations such as Lisbon, Cascais, Estoril, and the Algarve continue to attract international buyers.

The country’s economic stability, low unemployment rate, and favorable tax environment make it a smart choice for both investors and retirees. The price-per-square-meter remains lower than in most Western European capitals, offering excellent value for Benelux clients looking to enter the market.

From Lisbon’s vibrant city life to the serenity of Comporta or the Algarve’s golden coast, Portugal offers not only solid returns but also an exceptional quality of life.

Your Trusted Partner Across Borders

At Engel & Völkers, we understand that buying property abroad can feel complex. That’s why our Benelux offices work hand in hand with our Iberian network to ensure a smooth and secure experience from start to finish.

Here’s how we make the difference:

• Multilingual Support: Our agents speak Dutch, French, English, Spanish, Portuguese, and more — ensuring nothing is lost in translation.

• Remote Transaction Management: We can coordinate the full buying or selling process, even if you’re not physically present.

• Legal & Tax Guidance: We connect you with trusted local partners for expert legal and fiscal advice in Spain and Portugal.

• Personalized Property Search: Whether you’re looking for a city apartment, a golf villa, or a coastal retreat, we find the right fit for your goals.

• Long-Term Client Care: Beyond the purchase, we provide continuous market updates and investment insights.

With Engel & Völkers Benelux, you have one dedicated contact point at home — and the full strength of our Engel & Völkers Iberia network working for you abroad.

Buying a Property in Spain or Portugal: A Simple, Guided Process

The buying process in Spain and Portugal may seem daunting at first, but with professional guidance it’s straightforward and transparent.

In both countries, the steps include:

1. Defining your preferred region and budget.

2. Obtaining a tax identification number (NIE in Spain, NIF in Portugal).

3. Reviewing property documentation and legal status.

4. Signing the purchase agreement before a notary.

5. Registering your new property and finalizing payment.

Every Engel & Völkers advisor across Iberia works closely with legal and notarial professionals to make the process effortless — whether you’re in Belgium, Amsterdam, Luxembourg City, or already visiting the Mediterranean coast.

For personalized advice and to receive our step-by-step buyer checklist, contact your local Engel & Völkers team today.

Why Choose Engel & Völkers for Your Iberian Investment

• Global brand with local expertise: Over 45 years of real estate experience and offices in more than 35 countries.

• Market leadership in Iberia: Over 100 shops, 1,650 advisors, and €180M in sales across Spain and Portugal in 2024.

• Cross-border collaboration: Direct coordination between Benelux and Iberian offices for a seamless client experience.

• Premium listings: Access to exclusive properties not always available on the open market.

• Legal and fiscal transparency: access to trusted partners ensuring a fully compliant process across Spain and Portugal.

Start Your Iberian Property Journey Today

Whether you’re planning to buy a holiday home in Spain, invest in a rental property in Portugal, or relocate to Andorra, our Engel & Völkers local teams are here to guide you every step of the way.

Contact your nearest Engel & Völkers office in Belgium, the Netherlands, or Luxembourg to schedule an appointment.

We’ll connect you directly with our colleagues across Iberia to help you find your ideal property — safely, efficiently, and with complete peace of mind.