{"id":371,"date":"2026-07-29T10:00:00","date_gmt":"2026-07-29T10:00:00","guid":{"rendered":"https:\/\/santinahomes.com\/?p=371"},"modified":"2026-09-04T12:25:44","modified_gmt":"2026-09-04T12:25:44","slug":"spain-property-boom-not-a-bubble-supply-shortage","status":"publish","type":"post","link":"https:\/\/santinahomes.com\/sv\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/","title":{"rendered":"Spaniens fastighetsboem \u00e4r inte en bubbla. Det \u00e4r motsatsen."},"content":{"rendered":"

Spaniens fastighetsboom \u00e4r inte en bubbla, det \u00e4r motsatsen till en: priserna stiger p\u00e5 grund av en bostadsbrist, inte \u00f6verutbud. Spaniens fastighetspriser steg 12,7 procent 2025, det skarpaste \u00e5rliga hoppet sedan 2007, men d\u00e4r 2008-kraschen kom fr\u00e5n Spanien \u00f6verbyggde, mer \u00e4n 700 000 hem startade p\u00e5 ett enda \u00e5r, efter efterfr\u00e5gan som inte var verklig, dagens tillv\u00e4xt kommer fr\u00e5n Spanien underbygge, med ungef\u00e4r 83 500 hem f\u00e4rdigst\u00e4llda under det senaste \u00e5ret mot ett ackumulerat underskott p\u00e5 \u00f6ver 730 000 hem. Samma stigande priser, motsatt orsak, och att f\u00f6rst\u00e5 denna skillnad \u00e4r det enda viktigaste en k\u00f6pare kan g\u00f6ra just nu.<\/p>\n

Det’s the question we hear every week, phrased a dozen different ways: prices have gone up so fast, surely this is a bubble, surely it has to pop, shouldn’t I wait. It’s a fair worry, especially if you remember 2008, but the comparison falls apart the moment you look at what’s actually driving the numbers.<\/p>\n

Det \u00e4r bubblafr\u00e5gan, besvarad med tillg\u00e5ngsdatan. F\u00f6r den regionala f\u00f6rdelningen av var priserna faktiskt r\u00f6r sig, se varf\u00f6r kusten \u00e4r en annan fastighetsmarknad<\/a>. F\u00f6r mid-2026-siffrorna specifikt p\u00e5 denna kust, se v\u00e5r medel\u00e5rs\u00f6verblick f\u00f6r Marbella<\/a>.<\/p>\n

2008 var f\u00f6r m\u00e5nga hem. 2026 \u00e4r f\u00f6r f\u00e5.<\/h2>\n

Kraschen som alla minns var en f\u00f6rs\u00f6rjningshistoria i omv\u00e4nd ordning. Vid toppen av den senaste cykeln b\u00f6rjade Spanien fler \u00e4n 700 000 hem per \u00e5r, mer \u00e4n Storbritannien, Frankrike och Tyskland tillsammans. Krediten var billig, k\u00f6pare v\u00e4nde av-plan kontrakt, och konstruktionen l\u00f6pte \u00e5r f\u00f6re n\u00e5gon verklig efterfr\u00e5gan. N\u00e4r krediten stoppade fanns det ett berg av os\u00e5ld lager och ingen att k\u00f6pa det. Priserna f\u00f6ll upp till h\u00e4lften p\u00e5 delar av landet.<\/p>\n

Titta nu p\u00e5 idag. Spanien slutf\u00f6rde ungef\u00e4r 83 500 hem under det senaste \u00e5ret. Inte 700 000. \u00c5ttiottretusen, f\u00f6r ett land vars befolkning har v\u00e4xt med ungef\u00e4r tre miljoner m\u00e4nniskor p\u00e5 ett decennium till n\u00e4stan 49,5 miljoner. Sedan 2021 har ungef\u00e4r 474 000 hem byggts medan 1,2 miljoner nya hush\u00e5ll bildades. Det ackumulerade underskottet \u00f6verstiger nu 730 000 hem, och forskningsf\u00f6retag f\u00f6rv\u00e4ntar sig att det n\u00e4rmar sig 800 000 \u00e5r 2027 \u00e4ven med stigande tillst\u00e5nd.<\/p>\n

En bubbla \u00e4r priser uppbl\u00e5sta bortom verklig efterfr\u00e5gan. Detta \u00e4r verklig efterfr\u00e5gan som jagar bost\u00e4der som inte finns. Samma stigande priser, motsatt orsak. Den skillnaden \u00e4r enormt viktig f\u00f6r vad som h\u00e4nder h\u00e4rn\u00e4st.<\/p>\n

Varf\u00f6r en krasch \u00e4r aritmetiskt sv\u00e5r<\/h2>\n

F\u00f6r att priserna ska krascha beh\u00f6ver du n\u00e5got av tv\u00e5 saker: efterfr\u00e5gan m\u00e5ste f\u00f6rsvinna, eller en v\u00e5g av utbud m\u00e5ste sl\u00e5 till marknaden. \u00c5r 2008 h\u00e4nde b\u00e5da samtidigt. Idag \u00e4r ingen av dem synlig.<\/p>\n

Efterfr\u00e5gan forts\u00e4tter att v\u00e4xa, fr\u00e5n hush\u00e5llsbildning, fr\u00e5n migration, och p\u00e5 kusten fr\u00e5n en djup pool av internationella k\u00f6pare. Och utbudet kan inte \u00f6ka explosivt, eftersom hem tar \u00e5r att till\u00e5ta och bygga, och gapet mellan till\u00e5telse och faktiskt slutf\u00f6rda hem \u00e4r p\u00e5 sin bredaste sedan 2010. \u00c4ven de optimistiska prognoserna har Spanien bygga omkring 160 000 hem per \u00e5r \u00e5r 2027, fortfarande under de ungef\u00e4r 226 000 nya nettohush\u00e5ll som bildades \u00e5r 2025 enbart.<\/p>\n

Bristen fungerar som ett golv under priserna. Det \u00e4r d\u00e4rf\u00f6r de seri\u00f6sa prognoserna f\u00f6r 2026 inte f\u00f6rutsp\u00e5r en korrektion utan en avmattning: BBVA Research f\u00f6rv\u00e4ntar sig tillv\u00e4xt p\u00e5 omkring 7 procent detta \u00e5r, ned fr\u00e5n tv\u00e5 siffror men fast positiv. L\u00e5ngsammare \u00e4r inte samma som fallande.<\/p>\n

M\u00e5nad-f\u00f6r-m\u00e5nad-data genom mitten av 2026 har inte samarbetat med decelerationshistorien heller. Tinsas kustprisindex accelererade faktiskt varje m\u00e5nad fr\u00e5n januari till juli<\/a>, st\u00e4ngande det mesta av klyftan till sin gamla topp fr\u00e5n 2007 p\u00e5 bara ett halv\u00e5r snarare \u00e4n att lugna sig fr\u00e5n det.<\/p>\n

Det finns ingen enskild spansk marknad<\/h2>\n

En cosa som de nationella rubrikerna konsekvent missar: Spanien \u00e4r minst tre fastighetsmarknader som b\u00e4r ett namn.<\/p>\n

Storst\u00e4derna Madrid, Barcelona, Valencia och M\u00e1laga drivs av inhemsk efterfr\u00e5gan och har uppvisat tv\u00e5siffrigt tillv\u00e4xt n\u00e4r unga spanjorer koncentreras d\u00e4r jobben finns. Inlandet \u00e4r speglingen, med st\u00e4der som t\u00f6mmer sig och priser som \u00e4r platta eller fallande; det finns provinser d\u00e4r bost\u00e4der handlas under 800 euro per kvadratmeter. Och sedan finns det kusten, som drivs av en helt annan motor: internationella k\u00f6pare, livsstilsefterfr\u00e5gan och kroniskt knapp byggbar mark.<\/p>\n

Den tredje marknaden \u00e4r v\u00e5r. Marbella utropade priser n\u00e5dde cirka 6 260 euro per kvadratmeter i b\u00f6rjan av 2026, upp cirka 8,6 procent fr\u00e5n \u00e5r till \u00e5r, och trycket \u00e4r lika synligt fr\u00e5n Golden Mile<\/a> till Benahav\u00eds<\/a> och New Golden Mile omkring Atalaya<\/a>. Efterfr\u00e5gan p\u00e5 kusten beror inte p\u00e5 spansk l\u00f6netillv\u00e4xt eller spanska bol\u00e5n. En stor del av k\u00f6pen h\u00e4r sker kontant, vilket ocks\u00e5 \u00e4r anledningen till att stigande r\u00e4ntor svalnade denna marknad l\u00e5ngt mindre \u00e4n den inhemska.<\/p>\n

Varf\u00f6r nytt lager f\u00f6rblir knappt, och premium<\/h2>\n

Om priserna \u00e4r s\u00e5 starka, varf\u00f6r anl\u00e4nder d\u00e5 inte en v\u00e5g av nytt utbud f\u00f6r att m\u00f6ta dem? Nationellt sett kan det i stor utstr\u00e4ckning inte: mark som \u00e4r redo att bygga p\u00e5 \u00e4r knapp och l\u00e5ngsam att sl\u00e4ppa, planeringskronologier str\u00e4cker sig under \u00e5r, och skatter och avgifter p\u00e5 alla myndighetsniv\u00e5er absorberar en v\u00e4sentlig andel av slutpriset p\u00e5 ett nytt hem, vilket l\u00e4mnar utvecklarmarginalerna l\u00e5ngt tunnare \u00e4n vad de flesta k\u00f6pare antar. P\u00e5 denna kust finns synlig byggverksamhet, men pressad ekonomi driver mycket av det mot upprepade mallar och kostnadssnittade spec. De verkligt v\u00e4l koncipierade, v\u00e4l byggda projekten f\u00f6rblir en tunn skiva av vad som lanseras, och den skivan, liksom det b\u00e4sta av det nuvarande nya utvecklingar p\u00e5 New Golden Mile<\/a>\u00e4r vad som beh\u00e5ller v\u00e4rde. Knapphet p\u00e5 kvalitet \u00e4r inbyggd i hur denna marknad fungerar.<\/p>\n

S\u00e5 ska du v\u00e4nta?<\/h2>\n

Vi har tr\u00e4ffat k\u00f6pare som best\u00e4mde sig f\u00f6r att v\u00e4nta 2017 p\u00e5 den korrigering som k\u00e4ndes oundviklig. Priserna har stigit varje enda \u00e5r sedan dess, inklusive den st\u00f6rsta \u00f6kningen p\u00e5 n\u00e4stan tv\u00e5 decennium 2025. Att v\u00e4nta har inte gjort n\u00e5gons k\u00f6p billigare; det har p\u00e5 ett tillf\u00f6rlitligt s\u00e4tt gjort det dyrare.<\/p>\n

Det \u00e4r inte en f\u00f6rs\u00e4ljningsrad, det \u00e4r det som aritmetiken s\u00e4ger. Ingen kan lova vad n\u00e5got enskilt \u00e5r kommer att f\u00f6ra med sig, och ingen b\u00f6r det. Men en krasch beh\u00f6ver en mekanism, och det \u00e4r genuint sv\u00e5rt att konstruera en ur en marknad med ett underskud p\u00e5 730 000 hem, v\u00e4xande efterfr\u00e5gan och byggnation som l\u00f6per en br\u00e5kdel av sin tidigare takt. Det realistiska intervallet f\u00f6r de kommande \u00e5ren \u00e4r stabil env\u00e4gstillv\u00e4xt, med bristen sj\u00e4lv som den stabiliserande faktorn.<\/p>\n

F\u00f6r k\u00f6pare \u00e4r den praktiska slutsatsen inte \"k\u00f6p vad som helst, snabbt\". Det \u00e4r att tajma marknaden \u00e4r den felaktiga ramen. Att k\u00f6pa v\u00e4l betyder mycket mer \u00e4n att k\u00f6pa vid n\u00e5gon f\u00f6rest\u00e4lld botten: r\u00e4tt omr\u00e5de, en egendom med genuint s\u00e4llsynta kvaliteter, vettig due diligence p\u00e5 pris. Om du g\u00e4rna vill ha hj\u00e4lp med den delen, fr\u00e5n strand i f\u00f6rsta linjen<\/a> till golf och backe, det \u00e4r precis det vi g\u00f6r hela dagen.<\/p>\n

Den uppdelningen spelar ut tydligt l\u00e4ngs kusten \u2014 se varf\u00f6r kusten \u00e4r en annan fastighetsmarknad fr\u00e5n resten av Spanien<\/a>.<\/p>\n

Fr\u00e5gor som m\u00e4nniskor st\u00e4ller<\/h2>\n

\u00c4r den spanska fastighetsmarknaden en bubbla?<\/h3>\n

Nej. Priserna stiger p\u00e5 grund av en bostadsbrist, ett ackumulerat underskott p\u00e5 \u00f6ver 730 000 hem, inte p\u00e5 grund av \u00f6verutbud som jagar svag efterfr\u00e5gan som det gjorde f\u00f6re 2008-kraschen.<\/p>\n

Hur skiljer sig dagens spanska fastighetsmarknad fr\u00e5n f\u00f6re 2008-kraschen?<\/h3>\n

2008 kom fr\u00e5n att Spanien byggde f\u00f6r mycket, mer \u00e4n 700 000 hem startades p\u00e5 ett enda \u00e5r mot efterfr\u00e5gan som inte var verklig. I dag slutf\u00f6r Spanien ungef\u00e4r 83 500 hem per \u00e5r mot genuina, v\u00e4xande efterfr\u00e5gan. Samma stigande priser, motsatt orsak.<\/p>\n

Kommer spanska fastighetspriser att krascha?<\/h3>\n

En krasch kr\u00e4ver att efterfr\u00e5gan f\u00f6rsvinner eller en v\u00e5g av nytt utbud tr\u00e4ffar marknaden. Inget av detta \u00e4r f\u00f6r n\u00e4rvarande i sikte: efterfr\u00e5gan forts\u00e4tter att v\u00e4xa fr\u00e5n hush\u00e5llsbildning och internationella k\u00f6pare, och utbudet kan’t \u00f6ka kraftigt eftersom hem tar \u00e5r att tillst\u00e5ndsprovet och bygga.<\/p>\n

B\u00f6r jag v\u00e4nta p\u00e5 en korrigering innan jag k\u00f6per fastighet i Spanien?<\/h3>\n

K\u00f6pare som v\u00e4ntade p\u00e5 en korrigering 2017 har sett priserna stiga varje \u00e5r sedan dess. Att v\u00e4nta har inte gjort k\u00f6pen billigare, det har genomg\u00e5ende gjort dem dyrare.<\/p>\n

Vad \u00e4r Spaniens bostadsbrist och hur stor \u00e4r den?<\/h3>\n

Ett ackumulerat underskott som \u00f6verstiger 730 000 hem, f\u00f6rv\u00e4ntat att n\u00e4rma sig 800 000 \u00e5r 2027 \u00e4ven med stigande tillst\u00e5nd, drivet av ungef\u00e4r 1,2 miljoner nya hush\u00e5ll som bildades sedan 2021 mot endast cirka 474 000 byggda hem.<\/p>\n

Varf\u00f6r f\u00f6rblir nybyggnadernas utbud knappt p\u00e5 Costa del Sol \u00e4ven med stark efterfr\u00e5gan?<\/h3>\n

Mark \u00e4r knapp och dyr, skatter och avgifter absorberar en stor andel av ett nytt hemspris, och tunna utvecklarmarginalerna driver mycket av det som byggs mot upprepade, kostnadsbesparingde mallar snarare \u00e4n verkligt knappa kvalitetslager.<\/p>","protected":false},"excerpt":{"rendered":"

Spain’s property boom isn’t a bubble, it’s the opposite of one: prices are rising because of a housing shortage, not oversupply. Spanish property prices rose 12.7 percent in 2025, the sharpest annual jump since 2007, but where the 2008 crash came from Spain overbuilding, more than 700,000 homes started in a single year, chasing demand […]<\/p>\n","protected":false},"author":4,"featured_media":372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,21],"tags":[],"class_list":["post-371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-market-update"],"yoast_head":"\nSpain's Property Boom Isn't a Bubble, It's a Shortage<\/title>\n<meta name=\"description\" content=\"Spanish property prices rose 12.7% in 2025. Why the current boom is structurally different from the 2008 bubble, not a repeat of it.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/santinahomes.com\/sv\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/\" \/>\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spain's Property Boom Isn't a Bubble, It's a Shortage\" \/>\n<meta property=\"og:description\" content=\"Spanish property prices rose 12.7% in 2025. Why the current boom is structurally different from the 2008 bubble, not a repeat of it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/santinahomes.com\/sv\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/\" \/>\n<meta property=\"og:site_name\" content=\"Santina Homes\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/santinahomes\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-29T10:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-04T12:25:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/santinahomes.com\/wp-content\/uploads\/2026\/07\/marbella-concha-hero-web.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1920\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mickey Sturhoofd\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mickey Sturhoofd\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/\"},\"author\":{\"name\":\"Mickey Sturhoofd\",\"@id\":\"https:\\\/\\\/santinahomes.com\\\/#\\\/schema\\\/person\\\/5432516de530ba836ab97e44ec63742d\"},\"headline\":\"Spain’s Property Boom Isn’t a Bubble. It’s the Opposite.\",\"datePublished\":\"2026-07-29T10:00:00+00:00\",\"dateModified\":\"2026-09-04T12:25:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/\"},\"wordCount\":1391,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/santinahomes.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/marbella-concha-hero-web.jpg\",\"articleSection\":[\"Investment\",\"Market Update\"],\"inLanguage\":\"sv-SE\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/#respond\"]}],\"publisher\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/sv\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/\",\"url\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/\",\"name\":\"Spain's Property Boom Isn't a Bubble, It's a Shortage\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/santinahomes.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/marbella-concha-hero-web.jpg\",\"datePublished\":\"2026-07-29T10:00:00+00:00\",\"dateModified\":\"2026-09-04T12:25:44+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/#\\\/schema\\\/person\\\/5432516de530ba836ab97e44ec63742d\"},\"description\":\"Spanish property prices rose 12.7% in 2025. Why the current boom is structurally different from the 2008 bubble, not a repeat of it.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/#breadcrumb\"},\"inLanguage\":\"sv-SE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"sv-SE\",\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/#primaryimage\",\"url\":\"https:\\\/\\\/santinahomes.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/marbella-concha-hero-web.jpg\",\"contentUrl\":\"https:\\\/\\\/santinahomes.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/marbella-concha-hero-web.jpg\",\"width\":2560,\"height\":1920,\"caption\":\"Aerial view of hillside villas above the Marbella Golden Mile with La Concha mountain behind\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/santinahomes.com\\\/blog\\\/spain-property-boom-not-a-bubble-supply-shortage\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/santinahomes.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spain’s Property Boom Isn’t a Bubble. It’s the Opposite.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/santinahomes.com\\\/#website\",\"url\":\"https:\\\/\\\/santinahomes.com\\\/\",\"name\":\"Santina Homes\",\"description\":\"Luxury Real Estate on the Costa del Sol\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/santinahomes.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"sv-SE\",\"publisher\":{\"@id\":\"https:\\\/\\\/santinahomes.com\\\/sv\\\/#organization\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/santinahomes.com\\\/#\\\/schema\\\/person\\\/5432516de530ba836ab97e44ec63742d\",\"name\":\"Mickey Sturhoofd\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"sv-SE\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/cc9525e038c7db5281b10f53c4c2bbc1f0752b1cd3045374b27c1b96715b30ca?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/cc9525e038c7db5281b10f53c4c2bbc1f0752b1cd3045374b27c1b96715b30ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/cc9525e038c7db5281b10f53c4c2bbc1f0752b1cd3045374b27c1b96715b30ca?s=96&d=mm&r=g\",\"caption\":\"Mickey Sturhoofd\"},\"description\":\"Raised on the Costa del Sol, Mickey knows the area inside out. After spending several years in the startup world, he returned to Estepona with a fresh perspective and a healthy obsession with making things work better. He takes a practical approach to property: understanding what drives value, where the risks are, and how the numbers stack up before recommending anything.\",\"url\":\"https:\\\/\\\/santinahomes.com\\\/sv\\\/blog\\\/author\\\/mickey\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Spaniens egendomsboom \u00e4r inte en bubbla, det \u00e4r en brist","description":"Spanska fastighetsspriser steg 12,7% 2025. Varf\u00f6r dagens h\u00f6gkonjunktur \u00e4r strukturellt annorlunda fr\u00e5n 2008-bubblan, inte en upprepning av den.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/santinahomes.com\/sv\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/","og_locale":"sv_SE","og_type":"article","og_title":"Spain's Property Boom Isn't a Bubble, It's a Shortage","og_description":"Spanish property prices rose 12.7% in 2025. Why the current boom is structurally different from the 2008 bubble, not a repeat of it.","og_url":"https:\/\/santinahomes.com\/sv\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/","og_site_name":"Santina Homes","article_publisher":"https:\/\/www.facebook.com\/santinahomes\/","article_published_time":"2026-07-29T10:00:00+00:00","article_modified_time":"2026-09-04T12:25:44+00:00","og_image":[{"width":2560,"height":1920,"url":"https:\/\/santinahomes.com\/wp-content\/uploads\/2026\/07\/marbella-concha-hero-web.jpg","type":"image\/jpeg"}],"author":"Mickey Sturhoofd","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mickey Sturhoofd","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/#article","isPartOf":{"@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/"},"author":{"name":"Mickey Sturhoofd","@id":"https:\/\/santinahomes.com\/#\/schema\/person\/5432516de530ba836ab97e44ec63742d"},"headline":"Spain’s Property Boom Isn’t a Bubble. It’s the Opposite.","datePublished":"2026-07-29T10:00:00+00:00","dateModified":"2026-09-04T12:25:44+00:00","mainEntityOfPage":{"@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/"},"wordCount":1391,"commentCount":0,"image":{"@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/#primaryimage"},"thumbnailUrl":"https:\/\/santinahomes.com\/wp-content\/uploads\/2026\/07\/marbella-concha-hero-web.jpg","articleSection":["Investment","Market Update"],"inLanguage":"sv-SE","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/#respond"]}],"publisher":{"@id":"https:\/\/santinahomes.com\/sv\/#organization"}},{"@type":"WebPage","@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/","url":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/","name":"Spaniens egendomsboom \u00e4r inte en bubbla, det \u00e4r en brist","isPartOf":{"@id":"https:\/\/santinahomes.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/#primaryimage"},"image":{"@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/#primaryimage"},"thumbnailUrl":"https:\/\/santinahomes.com\/wp-content\/uploads\/2026\/07\/marbella-concha-hero-web.jpg","datePublished":"2026-07-29T10:00:00+00:00","dateModified":"2026-09-04T12:25:44+00:00","author":{"@id":"https:\/\/santinahomes.com\/#\/schema\/person\/5432516de530ba836ab97e44ec63742d"},"description":"Spanska fastighetsspriser steg 12,7% 2025. Varf\u00f6r dagens h\u00f6gkonjunktur \u00e4r strukturellt annorlunda fr\u00e5n 2008-bubblan, inte en upprepning av den.","breadcrumb":{"@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/#breadcrumb"},"inLanguage":"sv-SE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/"]}]},{"@type":"ImageObject","inLanguage":"sv-SE","@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/#primaryimage","url":"https:\/\/santinahomes.com\/wp-content\/uploads\/2026\/07\/marbella-concha-hero-web.jpg","contentUrl":"https:\/\/santinahomes.com\/wp-content\/uploads\/2026\/07\/marbella-concha-hero-web.jpg","width":2560,"height":1920,"caption":"Aerial view of hillside villas above the Marbella Golden Mile with La Concha mountain behind"},{"@type":"BreadcrumbList","@id":"https:\/\/santinahomes.com\/blog\/spain-property-boom-not-a-bubble-supply-shortage\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/santinahomes.com\/"},{"@type":"ListItem","position":2,"name":"Spain’s Property Boom Isn’t a Bubble. It’s the Opposite."}]},{"@type":"WebSite","@id":"https:\/\/santinahomes.com\/#website","url":"https:\/\/santinahomes.com\/","name":"Santina Homes","description":"Lyxfastigheter p\u00e5 Costa del Sol","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/santinahomes.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"sv-SE","publisher":{"@id":"https:\/\/santinahomes.com\/sv\/#organization"}},{"@type":"Person","@id":"https:\/\/santinahomes.com\/#\/schema\/person\/5432516de530ba836ab97e44ec63742d","name":"Mickey Sturhoofd","image":{"@type":"ImageObject","inLanguage":"sv-SE","@id":"https:\/\/secure.gravatar.com\/avatar\/cc9525e038c7db5281b10f53c4c2bbc1f0752b1cd3045374b27c1b96715b30ca?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/cc9525e038c7db5281b10f53c4c2bbc1f0752b1cd3045374b27c1b96715b30ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cc9525e038c7db5281b10f53c4c2bbc1f0752b1cd3045374b27c1b96715b30ca?s=96&d=mm&r=g","caption":"Mickey Sturhoofd"},"description":"Uppv\u00e4xt p\u00e5 Costa del Sol, k\u00e4nner Mickey omr\u00e5det in och ut. Efter att ha tillbringat flera \u00e5r i startupv\u00e4rlden, \u00e5terv\u00e4nde han till Est\u00e9pona med ett friskt perspektiv och en h\u00e4lsosam fixering p\u00e5 att f\u00e5 saker att fungera b\u00e4ttre. Han tar ett praktiskt f\u00f6rh\u00e5llningss\u00e4tt till fastighet: att f\u00f6rst\u00e5 vad som driver v\u00e4rde, var riskerna \u00e4r, och hur siffrorna staplas innan han rekommenderar n\u00e5gonting.","url":"https:\/\/santinahomes.com\/sv\/blog\/author\/mickey\/"}]}},"_links":{"self":[{"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/posts\/371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/comments?post=371"}],"version-history":[{"count":4,"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/posts\/371\/revisions"}],"predecessor-version":[{"id":535,"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/posts\/371\/revisions\/535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/media\/372"}],"wp:attachment":[{"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/media?parent=371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/categories?post=371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/santinahomes.com\/sv\/wp-json\/wp\/v2\/tags?post=371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}