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Where are the new build properties in Spain?

19 Oct
2020
Unsold new build homes for sale in Spain 2019.
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How many new build properties could you find in Spain?

Where are the new build properties in Spain?

 

The “Ministerio de Fomento”, just released the number of unsold new homes in Spain: it is 457,000 at the end of 2019 vs 460,000 end of 2018. Earlier, it was quite higher: with 477,000 new build in 2017 and 492,000 at the end of 2016.

So the number of new build properties waiting to be sold in 2019 is only slightly lower than in 2018.

In Spain, you have a total of 25 million homes in total, so this means about 1.8% of all the properties existing in Spain are unsold new build properties .

Find this statistic always updated in our “real estate Returns and Mortgages in Spain” table.

As we wrote in one of our earlier paper, buying a new build property has many advantages: What are the advantages of buying a new build property in Spain?

 

Have a look at the evolution of Unsold New Homes in Spain since 2005

 

In which Spanish regions will you find the most Unsold New Homes in 2019?

Have a look at our chart: the Valencian Community, Catalonia and Andalusia are the 3 biggest regions and represent 50% of the new build properties!

 

You will find those two charts with many others always up to date in our “Must see charts about the Spanish real estate market” page.

 

Discover the best new build projects in Spain available right now

[es_property_slideshow category=”New build for sale in Spain” slider_effect=”horizontal” layout=”horizontal” slides_to_show=”5″ margin=”10″ limit=”20″ show=”all”]

 

Which cities have the biggest percentage of New build homes for sale in Spain in 2019?

  • Madrid 9.5%
  • Barcelona 9%
  • Alicante 8.2%
  • Castellón 5.4%
  • Valencia 4.7%
  • Murcia 4.5%
  • Toledo 4.5%
  • Almería 3.8%

 

Which cities have the most New build homes on the market vs the total number of existing homes?

  • Castellón 5.8%
  • Toledo 4.9%
  • (La) Rioja 4.4%
  • Almería 4.3%
  • Ciudad Real 3.9%
  • Lleida 3.8%
  • Santa Cruz de Tenerife 3.2%
  • Alicante 2.9%

 

The two most active regions in Spain in 2019?

  1. The Basque Country: -15%
  2. The Balearic Islands: -13%

 

Here is the full overview per region:

Cities 2018 2019 Evolution
Andalusia 69327 67585 -2.5%
Aragon 13085 12736 -2.7%
Asturias 10084 10300 2.1%
Balearic Islands 9290 8097 -12.8%
Canary Islands 29237 30254 3.5%
Cantabria 0 0
Castile and León 32079 31703 -1.2%
Castilla-La Mancha 39998 39645 -0.9%
Catalonia 73048 75685 3.6%
Valencian Community 86137 83577 -3.0%
Extremadura 0 0
Galicia 21870 20827 -4.8%
Madrid (Community of) 40145 43283 7.8%
Region of Murcia 21222 20388 -3.9%
Navarre 0 0
Basque Country 3747 3190 -14.9%
La Rioja 8981 8985 0.0%
Ceuta & Melilla 1626 854 -47.5%
TOTAL 459876 457109 -0.6%

As a reminder, here was the situation in 2018

The main difference between 2019 and 2018 is a slight decrease for nearly all the cities and the regions in terms of stock of unsold properties apart for Ceuta and Melilla.

 

Which cities have the biggest percentage of Newbuild homes for sale in Spain – Situation in 2018?

  • Madrid 8.7%
  • Alicante 8.6%
  • Barcelona 8.3%
  • Castellón 5.4%
  • Valencia 4.8%
  • Murcia 4.6%
  • Toledo 4.5%
  • Almería 4%

 

Which cities have the most Newbuild homes on the market vs the total number of existing homes? – Situation in 2018

  • Castellón 6%
  • Toledo 4.9%
  • Almería 4.6%
  • Rioja 4.4%
  • Ciudad Real 3.9%
  • Lleida 3.8%
  • Castilla-La Mancha 3.1%
  • Alicante 3%
  • Santa Cruz de Tenerife 3%
  • Teruel 2.8%
  • Girona 2.7%
  • Murcia 2.7%

 

Here was the situation in 2017

The main difference between 2018 and 2017 is a slight decrease for nearly all the cities and the regions in terms of stock of unsold properties apart for Ceuta and Melilla.

 

Which cities have the biggest percentage of Newbuild homes for sale in Spain – Situation in 2017?

  • Madrid 8,6%
  • Alicante 8,5%
  • Barcelona 8,3%
  • Castellón 5,4%
  • Valencia 4,8%
  • Murcia 4,6%
  • Toledo 4,4%
  • Almería 4%

 

Which cities have the most Newbuild homes on the market vs the total number of existing homes? – Situation in 2017

  • Castellón 6%
  • Toledo 5,%
  • Almería 4,7%
  • Rioja 4,5%
  • Ciudad Real 4%
  • Lleida 3.9%
  • Alicante 3,1%
  • Santa Cruz de Tenerife 2,9%
  • Girona 2,8%
  • Murcia 2,8%
  • Teruel 2,7%

Here was the situation in 2016

The main difference between 2017 and 2016 is a slight decrease for nearly all the cities and the regions in terms of stock of unsold properties.

Which cities have the biggest percentage of Newbuild homes for sale in Spain – Situation in 2016?

  • Alicante 8,6%
  • Madrid 8,5%
  • Barcelona 8,1%
  • Castellón 5,3%
  • Valencia 4,9%
  • Murcia 4,7%
  • Toledo 4,5%
  • Almería 4%

 

Which cities have the most Newbuild homes on the market vs the total number of existing homes? – Situation in 2016

  • Castellón 6,2%
  • Toledo 5,2%
  • Almería 4,9%
  • Rioja 4,6%
  • Ciudad Real 4,2%
  • Lleida 4%
  • Alicante 3,3%
  • Murcia 2,9%
  • Santa Cruz de Tenerife 2,9%
  • Girona 2,9%
  • Teruel 2,7%

 

Are you looking for a new build property from a qualitative developer?

Discover the best new build projects in Spain available right now

[es_property_slideshow category=”New build for sale in Spain” slider_effect=”horizontal” layout=”horizontal” slides_to_show=”5″ margin=”10″ limit=”20″ show=”all”]

 

Another interesting source to find properties could be Spanish bank repossessions: have a look at the paper we wrote on that subject: Spanish bank repossessions: Your ultimate guide to 120.000 properties

 

Source: Spanish-Ministerio de Fomento.

 

Looking for an expert in Spain: a lawyer, a property hunter, tax experts, architects,…? Ask us directly!

 

 

 

 

 

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

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