We’re Gonna Need a Bigger Boat!
Spain’s real estate sector now employs 187,700 people, a record high that surpasses pre-2008 crisis levels. The workforce grew 14.1% over the past year, according to the National Statistics Institute (INE)’s Labour Force Survey for Q3 2025. This marks a significant milestone for the property market, which has dramatically expanded beyond its previous peak.
Approximately 70% of real estate professionals in Spain are 49 years or older as of Q3 2025.
The gender mix is evenly split between men and women.
Spain: National Employment Totals (Q3 2025)
Employment in Real Estate Activities has grown significantly faster than the overall national employment rate.
| Metric | Total (Number of People) | Annual Growth Rate |
| Employed in Real Estate Activities | 187,700 | +14.1% |
| Total National Employment (All Sectors) | 22,387,100 | +2.5% |
Source: INE Labour Force Survey (EPA) Q3 2025, as reported by idealista/news.
Regional Breakdown
The largest concentration of real estate professionals is found in three autonomous communities.
| Autonomous Community | Employed (Number of People) |
| Madrid | 54,500 |
| Catalonia | 40,200 |
| Andalucía | 32,800 |
| Valencia Community | 17,700 |
| Canary Islands | 6,900 |
| Balearic Islands | 5,400 |
Source: INE Labour Force Survey (EPA) Q3 2025, as reported by idealista/news.
| Gender | Employed (in thousands) | Percentage of Total |
| Men | 95.5 | 50.88% |
| Women | 92.2 | 49.12% |
| TOTAL | 187.7 | 100.00% |
| Age Group | Employed (in thousands) |
| 50 to 59 years | 53.5 |
| 40 to 49 years | 50.0 |
| 30 to 39 years | 37.4 |
| 60 to 65 years | 21.7 |
| 16 to 19 years | 1.6 |
| Over 65 years | >6.0 |
| (Of which, 70+ years) | (0.6) |
What “Real Estate Activities” Include
The employment figures cited above cover a broad professional category defined by the CNAE (National Classification of Economic Activities) code 68:
- Intermediation Services: Real estate agents, brokers, and consultants in sales and rentals.
- Property Management: Administration of rentals, owners’ associations, and property assets.
- Proprietary Traders: Employees of companies that buy, sell, or lease their own properties and land for investment purposes.
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