Mallorca Luxury Property News

The 10 Most Expensive Streets To Buy A Home in Spain

01.09.26

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.

The top 10 most expensive streets in Spain

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

Mallorca leads the Balearic coastal surge

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

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.

Costa del Sol

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.

The regional leaders across Spain

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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