The real estate sector in Spain achieved a significant milestone in the first quarter of 2025, reaching a record 184,100 jobs. This marks a notable increase as it surpasses the 180,000 mark of employed individuals in this field for the first time. This growth highlights the strength of the real estate market, which has experienced various structural dynamics in recent years.
Carlos Bajo, managing director of the real estate consulting firm Laborde Marcet, has stated that the sector is experiencing a historic moment. According to Bajo, this development is primarily driven by the increased demand for rental housing, especially in urban areas, necessitating greater professionalism in property management and real estate brokerage.
The rise in rentals, fueled by the scarcity of homes available for purchase and the growing dynamism of the secondary market, has led to an increase in the number of real estate transactions. This, in turn, has generated more work for agencies and consultancies. Additionally, Bajo highlights the ‘build to rent’ model, which has gained traction thanks to the interest from institutional funds and national operators, creating new opportunities and technical profiles in the sector.
Investment, both national and international, along with digital transformation, has raised the stakes in the real estate market. This has led to greater professionalism, and the outlook for the future is optimistic. Bajo points out that the combination of high housing demand, new residential models, and digitalization is creating a favorable environment for the emergence of quality jobs.
The managing director of Laborde Marcet concludes that the real estate sector is undergoing a transformation that is redefining its activities. This evolution not only attracts qualified talent but also solidifies new professions, positioning real estate as a significant driver of employment within the Spanish economy.
Source: MiMub in Spanish
