How I Make Money Flipping Real Estate in Spain: Personal Experience and Approach

I’m part of an investment club — a group of professionals who analyze properties, invest, and carry out projects together. And we don’t do it as outside consultants — we invest our own money. Every member contributes financially. That creates a different level of responsibility. We don’t sell ready-made solutions — we participate ourselves.
Why don’t I believe in individual flipping without expert support? Because a successful deal starts long before the renovation. You need to choose the right neighborhood, analyze demand, understand legal restrictions, calculate the budget, and most importantly, make sure you’ll be able to sell at the price you’ve planned.
If someone relies only on their taste and ignores the market, they might create a perfect renovation, but fail to find a buyer. Or they might overspend and not recover the investment.
When we work as a club, expertise is distributed. We have around 80 experts across Spain, each one working in their area. That means we know not just “where it’s cheaper,” but where there’s real growth potential. We often stay ahead of the market — we know which neighborhoods are developing, which properties appeal to investors, and which ones to avoid.
We don’t work with projects that “might be interesting.” Every property goes through rigorous checks — legal, technical, and financial. Only after passing all the filters do we offer it to the club members. And sometimes, a project doesn’t gather enough support, and that’s perfectly fine.

We’ve had both successes and mistakes in our practice. The first project my husband and I invested in brought an 18% return — and that was the “worst” result. The others yielded 25% and 27%, all in under a year. We’ve now participated in five projects, and I can say with confidence: the stricter the filtering, the greater the certainty.
Every investment involves risk. We can miscalculate, the market may slow down, or external factors — from economic instability to a pandemic — may interfere. But we have protection mechanisms in place. For example, if a project hasn’t sold within a year, the investor has the right to exit and recover their investment along with 10% annual interest. This is written into the contract. We don’t make unrealistic promises — we plan carefully and mitigate risks.
It’s important to understand: this is not an investment for those who want full control. You don’t manage the project directly. Your job is to choose, trust, and wait for the outcome. For me, as a busy professional, this is the only format that works: I participate because I trust the system and the people behind it.
The scale and ambition are growing, but our approach remains the same: strict selection, shared commitment, and transparent logic.