Mallorca, Madrid, and the Costa del Sol continue to dominate Spain’s ultra-prime residential landscape.
According to the latest annual study released by property portal Idealista, Camí des Salinar in the coastal municipality of Andratx (Mallorca) has officially claimed the top spot as Spain’s most exclusive address, with asking prices averaging an astonishing €15 million.
The nationwide study—which tracks average absolute listing prices for all property types across Spanish streets with a high volume of transactions—reveals that every address in the national top 10 now commands an average asking price well above €6.3 million.
|
Rank
|
Street / Urbanisation
|
Municipality
|
Region / Province
|
Average Asking Price
|
|
1
|
Camí des Salinar
|
Andratx
|
Mallorca (Balearic Islands)
|
€15,000,000
|
|
2
|
Paseo de los Lagos (La Finca)
|
Pozuelo de Alarcón
|
Madrid
|
€11,000,000
|
|
3
|
Coto Zagaleta
|
Benahavís
|
Málaga (Costa del Sol)
|
€10,500,000
|
|
4
|
Carrer Mossa
|
Palma de Mallorca
|
Mallorca (Balearic Islands)
|
€9,800,000
|
|
5
|
Paseo del Conde de los Gaitanes
|
Alcobendas (La Moraleja)
|
Madrid
|
€8,900,000
|
|
6
|
Carrer Binicaubell
|
Palma de Mallorca
|
Mallorca (Balearic Islands)
|
€7,900,000
|
|
7
|
Calle Osa Menor
|
Marbella
|
Málaga (Costa del Sol)
|
€7,850,000
|
|
8
|
Calle Serrano
|
Madrid (Salamanca District)
|
Madrid
|
€6,950,000
|
|
9
|
Calle José Ortega y Gasset
|
Madrid (Salamanca District)
|
Madrid
|
€6,950,000
|
|
10
|
Urbanización Cascada de Camoján
|
Marbella
|
Málaga (Costa del Sol)
|
€6,395,000
|
Climbing to the very peak of the national ranking, Camí des Salinar in Andratx reflects the intense global demand for prime coastal sanctuaries in southwest Mallorca. Overlooking dramatic cliffs, secluded coves, and the luxury marina of Port d'Andratx, properties here attract ultra-high-net-worth foreign buyers seeking complete privacy and sea views.
The Balearic capital of Palma also features prominently, securing two additional spots in the national top ten with Carrer Mossa (€9.8M) and Carrer Binicaubell (€7.9M), reinforcing the island's reputation as one of Europe’s most lucrative residential investment markets.
Madrid commands four of the top ten positions, illustrating the dual nature of prime real estate in the capital:
- Gated Suburban Compounds: Paseo de los Lagos (€11M), situated inside the ultra-secure La Finca development in Pozuelo de Alarcón, took second place nationwide. Known as a haven for athletes, executives, and celebrities, it is rivalled by Paseo del Conde de los Gaitanes (€8.9M) in the historic leafy enclave of La Moraleja.
- The "Golden Mile" Penthouses: In the historic urban core, the iconic Calle Serrano and Calle José Ortega y Gasset—the twin arteries of Madrid's Salamanca district—tied with average property values of €6.95 million, driven by demand for restored period buildings and bespoke luxury penthouses.
Andalusia’s presence is anchored by the exclusive hillside enclave of Coto Zagaleta in Benahavís (€10.5M). Long considered one of Europe's most private residential country clubs, La Zagaleta offers private golf courses, equestrian centres, and dedicated heliports.
Neighbouring Marbella accounts for two further top-tier addresses: Calle Osa Menor (€7.85M) and the secluded hillside retreat of Cascada de Camoján (€6.395M) along the prestigious Golden Mile foothills.
Beyond the dominant triumvirate of the Balearics, Madrid, and Andalusia, research highlights that five other autonomous communities have addresses where average home prices surpass the €1 million benchmark:
- Catalonia: Top street averages €5.98 million
- Canary Islands: Top street averages €5.95 million
- Valencian community: Top street averages €4.20 million
- Galicia: Top street averages €1.98 million
- Basque Country: Top street averages €1.79 million
At the opposite end of the spectrum, the most accessible regional peaks were recorded in Castilla-La Mancha (where the top street averages €335,000), Extremadura (€475,000), and Asturias (€490,000).
With cross-border capital continuing to drive European wealth migration, Spain's prime residential addresses remain among the most competitive trophy assets in the global property arena.
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