Ranking · Luxury shopping · Updated November 2026
The 10 best luxury shopping areas in Spain
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Barcelona
1. Passeig de Gràcia
Spain's most expensive shopping street and 16th in the world, according to Cushman & Wakefield 2025. Two luxury stores opened here in 2024.
Shopping street · Cushman & Wakefield 2025: No. 1 in Spain
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Madrid
2. Serrano y Ortega y Gasset
Serrano and José Ortega y Gasset, in the Barrio de Salamanca, accounted for all six luxury openings in Madrid in 2024. Serrano is Spain's second most expensive shopping street.
Shopping district · Cushman & Wakefield 2025: Serrano, No. 2 in Spain
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Madrid
3. Gran Vía
Gran Vía, in central Madrid, is Spain's third most expensive shopping street, with a prime rent of 3,120 euros per square metre a year.
Shopping street · Cushman & Wakefield 2025: No. 3 in Spain
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Marbella · Málaga
4. Puerto Banús
Around a hundred shops on the marina's main streets, with major international fashion and accessories brands.
Shopping district · Around a hundred shops
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Palma · Mallorca
5. Passeig des Born
Palma's golden mile, with Louis Vuitton and Mallorca's first Rolex boutique, opened in September 2026 in Can Alomar.
Shopping street · Mallorca's first Rolex boutique, 2026
None of the entries in the selected region is in the top five.
From 6 to 10
How we rank
Retail prestige according to Cushman & Wakefield 2025 and the trade press, range of brands and setting. No area pays to be listed.