Ourense, known as the Thermal Capital of Galicia, is home to an impressive daily flow of over 3 million liters of thermal water from various springs. This natural wealth has positioned the city as one of Europe’s top wellness destinations, significantly impacting its real estate market.
🌿 The Rise of Thermal Spa Tourism in Ourense
Ourense’s natural hot springs, including As Burgas and Termas de Outariz, attract thousands of visitors seeking health and wellness experiences. With growing demand, there’s a rising need for:
✔️ Short-term rental accommodations 🏡
✔️ Hotels & wellness resorts 🏨
✔️ Commercial spaces for tourism-related businesses 🏢
This increase in tourism has led to a real estate boom, making the city an attractive spot for investors and property developers.
📊 Real Estate Market Trends in Ourense (2024)
The real estate market in Ourense has seen notable trends:
- Property prices: €1,006/m² (7.71% decrease from 2023)
- Rental prices: €7.39/m² (12.31% increase)
- Highest property prices: City of Ourense (€1,348/m²)
👉 Rental demand is rising, making buy-to-let investments an attractive opportunity.
🏗️ Major Investments & Developments
To further enhance Ourense as a wellness tourism hub, major projects are underway:
✅ €3 million investment in the Tourism Sustainability Plan
✅ World Observatory of Thermalism
✅ Thermal Eco-Park for enhanced visitor experiences
✅ Upgraded infrastructure to support increased tourism
These initiatives boost property values and create new opportunities for real estate investors.
💡 Why Invest in Ourense Real Estate?
✔️ Growing wellness tourism sector 🌊
✔️ Rising demand for rental properties 📈
✔️ Affordable property prices compared to other Spanish cities 🏡
✔️ Long-term government investment in infrastructure 🏗️
As Ourense continues to expand its thermal tourism industry, its real estate market is set for sustained growth, offering exciting investment opportunities for both local and international buyers.
🚀 Thinking of investing in Ourense? Now is the time!
