Spain Sees Major Housing Approval in Huesca and Record Hotel Investment in 2025
Huesca approves a major housing project while Spain's hotel investments soar to a historic €4.275 billion in 2025.
- • Huesca Council approves over 1,000 new homes near Coso Real with legal and feasibility conditions.
- • Spain's hotel investment reaches €4.275 billion in 2025, second highest ever, up 30% from 2024.
- • National investors dominate hotel deals with 72% of transactions and €2.673 billion invested.
- • Vacation segment leads with 55% of hotel investment, driven by Mare Nostrum Resort sale for €430 million.
Key details
In early 2026, Spain's housing and accommodation investment sectors show robust growth highlighted by two major developments. The city council of Huesca has recently approved the construction of over 1,000 new homes adjacent to the Coso Real shopping center, marking a significant boost in residential development. This approval, given in an extraordinary session, is contingent upon the developer correcting some identified deficiencies and an ongoing feasibility assessment related to an electrical substation supplying much of the city's power. Huesca’s mayor, Lorena Orduna, stressed the importance of designing a sustainable city while maintaining legal compliance for urban development projects.
On the accommodation front, Spain's hotel investment reached a remarkable €4.275 billion in 2025 through 194 transactions, according to the Colliers "Informe de Inversión Hotelera en España 2025." This figure represents the second-best year on record, with a 30% increase over 2024's investment levels. Existing hotels dominated the market with €3.986 billion invested, alongside €160 million in hotel reconversions and €130 million in land acquisitions for new developments. National investors led the charge, accounting for 72% of operations and €2.673 billion of total investment, while hotel chains made their highest-ever investment with €1.384 billion across 42 deals.
The vacation segment attracted 55% of investment, driven by the landmark €430 million sale of the Mare Nostrum Resort, Spain’s largest single asset hotel transaction. The Canary Islands remained the top region for hotel investment with €1.039 billion, while urban hotel investments concentrated heavily in Barcelona with €712 million. Málaga province also saw significant vacation asset investments amounting to €309 million. There was notable interest in secondary areas like Cádiz, Valencia, and Sevilla, comprising 32% of the total market. The outlook for 2026 remains optimistic with expectations of sustained investor appetite and market stability fueled by strong tourist demand and a diverse range of investors.
This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.
