Spain’s Digital Nomad Visa – A New Driver for the Rental and Second-Home Market
1. A New Market Catalyst
Since 2024, Spain’s Digital Nomad Visa has allowed remote professionals from outside the EU to live and work in Spain for extended periods.
This has sparked a new wave of demand, especially in cities like Málaga, Marbella, Valencia, and Alicante.
2. Visa Requirements
- Valid for 1 year, renewable up to 5 years.
- Minimum income: approx. €2,400 per month.
- Flat 24% tax rate for the first 5 years.
- Family members can join the applicant.
3. Impact on the Real Estate Market
The influx of remote workers has boosted demand for modern, furnished apartments with reliable internet, coworking access, and urban proximity.
Rental prices in Marbella and Málaga have risen by 15–20% year-on-year.
Developers now focus on compact, energy-efficient apartments that combine investment potential with residential comfort.
4. The New Buyer Profile
Digital nomads are typically professionals from tech, finance, and creative industries, seeking flexibility and lifestyle balance.
They prioritize connectivity, safety, and modern amenities — preferring new builds near airports, beaches, and coworking spaces.
5. Outlook
The Digital Nomad Visa is expected to significantly influence Spain’s rental and small-property markets through 2026.
Regions like Andalusia and the Balearic Islands will likely remain at the forefront of this new demand wave.
Spain’s Digital Nomad Visa links the global work-from-anywhere trend with the country’s thriving real estate market.
For investors, it opens a strategic opportunity to meet the evolving housing needs of a global, mobile workforce.
