Coastline: 3,084 miles (4,964 km). Highest Point: Pico de Teide (Canary Islands) at 12,198 feet (3,718 m). Spain is a country located in southwestern Europe on the Iberian Peninsula to the south of France and Andorra and to the east of Portugal.It has coastlines on the Bay of Biscay (a part of the Atlantic Ocean) and the Mediterranean Sea.ourism and the related service sector is also a major part of Spain's economy. Geography and Climate of Spain. Today most of Spain's area is located in southwestern Europe with the mainland of the country that is south of France and the Pyrenees Mountains and east of Portugal.