Villas in Formentera | Houses and villas with pool for rent and sale on the island of Formentera

Formentera leads the luxury housing market in Spain

Formentera, Formentera Island

July 19, 2023

The most expensive luxury residences in Spain can be found in the Balearic Islands and Madrid.

This is evidenced in Hiscox’s I Report on the Luxury Housing Market in Spain, which includes, among other data, prices per square metre by city and region.

According to this report, Formentera has the most expensive luxury properties with a price per square metre of €9,383, followed by Recoletos (Madrid) at €9,000/m2, Portals Nous in Calvià (Mallorca) at 8,319 €/m2, Castellana (Madrid) at €7,956/m2, and Costa d’en Blanes in Calvià (Mallorca) at €7,839/m2.

Formentera leads the luxury housing market in Spain

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Selection of villas and villas with pool in Formentera, Balearic Islands, Spain.

If you are looking to rent a house, a villa, a luxury retreat or a cottage for a romantic getaway, a charming cottage for a dream wedding or for a special honeymoon, this is the place ! ! !