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Spanish Housing Market just shy of All-Time Highs – March 2025 update

16 Jun
2025
Spanish real estate prices sinces 1995 for major Spanish regions
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Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

 

 

Spanish real estate price evolution up to March 2025: +9% Yr/Yr

 

Welcome to one of the most detailed resources available on Spanish property prices. In this report, you will find all our resources on the 20 biggest Spanish real estate markets.

Spanish property prices quarterly report - Content hide
1. Spanish real estate price evolution up to March 2025: +9% Yr/Yr

 

  1. Spanish property prices evolution over the last quarter

    Let’s start with the Spanish real estate national average: the price per square meter is €2,033 on average in Spain as of the end of March 2025. This means that Spanish real estate prices evolved

    • by +9% in the previous year from €1,866/m² (+7% 3 months ago)
    • by +3.1% during the last quarter (+2.7% 3 months ago)

     

    Real estate prices in Spain have been on a strong recovery path since 2014. Of course, transactions were strong up to early 2020, the start of COVID-19. As the coronavirus crisis started, prices started to decrease in June 2020. Of course, due to the lockdowns and the Corona situation, transaction volume was lower in 2020 but activity is back since 2022 and remains strong: 739,075 properties were sold over the last 12 months to March 2025 a 15% year-on-year increase.

    Please have a look at our interactive chart of the real estate prices in Spain over the last 30 years. In the same chart, you will find the property transaction history for each quarter.

    On mobile, scroll left or right to see the whole chart.

     

    The lowest price reached since the financial crisis of 2007 was 1,456/m² in the third quarter of 2014 while the highest was €2,101.4/m² in the first quarter of 2008.

    What are the regions with the most significant increases and decreases?

     

     

    The top performers for the Spanish real estate market over the last quarter are:

    Sorted by price evolution in the previous 3 months, fourth column

    On mobile, hold your device in a horizontal position if needed.


    City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution
    Burgos 1 269 € 6,3% 4,7% 6 123 14%
    Santa Cruz de Tenerife 1 957 € 12,0% 4,5% 12 860 5%
    Cuenca 843 € 8,6% 4,2% 2 888 22%
    Cantabria 1 773 € 10,0% 4,2% 10 600 19%
    Segovia 1 242 € 8,8% 4,0% 3 083 20%
    Canarias 1 966 € 9,9% 3,9% 27 358 6%
    Alicante/Alacant 1 722 € 10,3% 3,9% 57 698 8%
    Cádiz 1 754 € 9,8% 3,9% 18 355 13%
    Lleida 1 190 € 6,4% 3,9% 6 983 19%
    Toledo 1 050 € 10,8% 3,8% 15 021 19%
    Comunidad Valenciana 1 619 € 10,9% 3,8% 114 655 9%
    Coruña (A) 1 503 € 8,4% 3,8% 12 692 18%
    Soria 1 005 € 7,4% 3,7% 1 614 6%
    Murcia (Región de) 1 174 € 6,5% 3,7% 28 189 15%
    Ceuta 2 048 € 8,0% 3,7% 752 32%
    Málaga 2 614 € 12,3% 3,6% 39 187 12%
    Valencia/València 1 625 € 12,1% 3,6% 41 967 7%
    Balears (Illes) 3 436 € 13,2% 3,6% 15 904 6%
    Gipuzkoa 3 094 € 5,0% 3,6% 8 667 19%
    Barcelona 2 865 € 8,3% 3,5% 73 445 20%
    Palmas (Las) 1 976 € 7,9% 3,5% 14 498 7%
    Cataluña 2 453 € 8,3% 3,5% 113 033 18%
    Tarragona 1 581 € 7,4% 3,4% 17 701 16%
    Zaragoza 1 643 € 11,8% 3,4% 13 640 15%
    Guadalajara 1 460 € 11,3% 3,4% 5 407 7%
    Castilla-La Mancha 1 037 € 8,4% 3,4% 35 125 18%
    Salamanca 1 272 € 5,8% 3,3% 4 864 17%

    The worst-performing Spanish property markets over the last quarter are:

     

    Sorted by price evolution in the previous 3 months, fourth column

    City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution
    Melilla 1 904 € -0,5% -0,6% 654 30%
    Cáceres 876 € 3,8% 0,3% 5 770 20%
    Extremadura 913 € 2,8% 0,9% 13 712 18%
    Ourense 977 € 4,3% 1,1% 3 479 21%
    Valladolid 1 391 € 5,8% 1,2% 7 731 21%
    Badajoz 940 € 2,1% 1,3% 7 942 16%
    Huesca 1 286 € 7,6% 1,3% 3 824 5%
    Jaén 826 € 3,6% 1,5% 8 377 28%
    Ceuta y Melilla 1 967 € 3,6% 1,5% 1 406 31%
    Zamora 851 € 4,5% 1,8% 2 373 22%
    Córdoba 1 162 € 3,2% 1,9% 11 238 20%
    Palencia 976 € 3,5% 2,2% 2 415 22%
    Huelva 1 332 € 4,7% 2,3% 8 652 13%
    Granada 1 423 € 10,7% 2,4% 16 193 19%
    Sevilla 1 631 € 5,2% 2,4% 26 568 22%
    León 938 € 3,7% 2,5% 6 853 29%
    Almería 1 307 € 7,3% 2,6% 16 365 16%
    Castilla y León 1 141 € 5,6% 2,6% 38 574 20%
    Navarra (Comunidad Foral de) 1 719 € 4,6% 2,8% 7 374 -2%
    Ávila 994 € 10,2% 2,9% 3 518 21%

    Worst real estate markets in Spain to December 2022 over the last 3 months

     

    Here is the alphabetical ranking of all the regions’ real estate price evolution in the last quarter:

    Interactive chart

     

  2. Spanish property prices evolution over the last year

     

    The Spanish cities with the most substantial real estate price increases for the year are:

    Best real estate markets in Spain to December 2022 over the last 12 months

     

    Sorted by price evolution over the last 12 months,

    City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution
    Balears (Illes) 3 436 € 13,2% 3,6% 15 904 6%
    Málaga 2 614 € 12,3% 3,6% 39 187 12%
    Valencia/València 1 625 € 12,1% 3,6% 41 967 7%
    Santa Cruz de Tenerife 1 957 € 12,0% 4,5% 12 860 5%
    Zaragoza 1 643 € 11,8% 3,4% 13 640 15%
    Madrid (Comunidad de) 3 477 € 11,5% 3,1% 89 252 17%
    Asturias (Principado de ) 1 519 € 11,4% 3,1% 17 731 23%
    Guadalajara 1 460 € 11,3% 3,4% 5 407 7%
    Aragón 1 495 € 11,1% 3,1% 19 549 13%
    Comunidad Valenciana 1 619 € 10,9% 3,8% 114 655 9%
    Toledo 1 050 € 10,8% 3,8% 15 021 19%
    Granada 1 423 € 10,7% 2,4% 16 193 19%
    Alicante/Alacant 1 722 € 10,3% 3,9% 57 698 8%
    Ávila 994 € 10,2% 2,9% 3 518 21%
    Cantabria 1 773 € 10,0% 4,2% 10 600 19%
    Canarias 1 966 € 9,9% 3,9% 27 358 6%
    Cádiz 1 754 € 9,8% 3,9% 18 355 13%
    Teruel 917 € 9,2% 2,9% 2 085 13%
    Andalucía 1 696 € 9,0% 3,0% 144 935 16%
    TOTAL NACIONAL 2 033 € 9,0% 3,1% 739 075 15%
    Segovia 1 242 € 8,8% 4,0% 3 083 20%
    Cuenca 843 € 8,6% 4,2% 2 888 22%
    Coruña (A) 1 503 € 8,4% 3,8% 12 692 18%
    Castilla-La Mancha 1 037 € 8,4% 3,4% 35 125 18%
    Barcelona 2 865 € 8,3% 3,5% 73 445 20%
    Cataluña 2 453 € 8,3% 3,5% 113 033 18%
    Ceuta 2 048 € 8,0% 3,7% 752 32%


    The worst-performing real estate markets for the year are:

    Sorted by price evolution over the last 12 months, third column

    City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution
    Melilla 1 904 € -0,5% -0,6% 654 30%
    Badajoz 940 € 2,1% 1,3% 7 942 16%
    Extremadura 913 € 2,8% 0,9% 13 712 18%
    Córdoba 1 162 € 3,2% 1,9% 11 238 20%
    Ciudad Real 748 € 3,3% 3,1% 7 274 28%
    Palencia 976 € 3,5% 2,2% 2 415 22%
    Jaén 826 € 3,6% 1,5% 8 377 28%
    Ceuta y Melilla 1 967 € 3,6% 1,5% 1 406 31%
    León 938 € 3,7% 2,5% 6 853 29%
    Cáceres 876 € 3,8% 0,3% 5 770 20%
    Ourense 977 € 4,3% 1,1% 3 479 21%
    Zamora 851 € 4,5% 1,8% 2 373 22%
    Navarra (Comunidad Foral de) 1 719 € 4,6% 2,8% 7 374 -2%
    Huelva 1 332 € 4,7% 2,3% 8 652 13%
    Gipuzkoa 3 094 € 5,0% 3,6% 8 667 19%
    Sevilla 1 631 € 5,2% 2,4% 26 568 22%
    Bizkaia 2 628 € 5,3% 3,0% 13 941 24%
    País Vasco 2 716 € 5,5% 3,2% 26 730 21%
    Castilla y León 1 141 € 5,6% 2,6% 38 574 20%
    Salamanca 1 272 € 5,8% 3,3% 4 864 17%
    Rioja (La) 1 304 € 5,8% 3,3% 5 853 31%
    Albacete 1 063 € 5,8% 3,3% 4 535 12%
    Valladolid 1 391 € 5,8% 1,2% 7 731 21%
    Lugo 1 028 € 5,9% 3,1% 4 010 10%
    Burgos 1 269 € 6,3% 4,7% 6 123 14%
    Lleida 1 190 € 6,4% 3,9% 6 983 19%
    Murcia (Región de) 1 174 € 6,5% 3,7% 28 189 15%
    Almería 1 307 € 7,3% 2,6% 16 365 16%
    Galicia 1 436 € 7,3% 3,2% 29 095 18%


     

     

    Here is the Alphabetical ranking of all the regions’ real estate price evolution for the last year:

    Interactive chart

     

     

     

  3. The most expensive real estate markets in Spain

    up to End March 2025 are, sorted by price, second column

    City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution
    Madrid (Comunidad de) 3 477 € 11,5% 3,1% 89 252 17%
    Balears (Illes) 3 436 € 13,2% 3,6% 15 904 6%
    Gipuzkoa 3 094 € 5,0% 3,6% 8 667 19%
    Barcelona 2 865 € 8,3% 3,5% 73 445 20%
    País Vasco 2 716 € 5,5% 3,2% 26 730 21%
    Bizkaia 2 628 € 5,3% 3,0% 13 941 24%
    Málaga 2 614 € 12,3% 3,6% 39 187 12%
    Cataluña 2 453 € 8,3% 3,5% 113 033 18%
    Araba/Alava 2 251 € 7,4% 3,1% 4 122 16%
    Ceuta 2 048 € 8,0% 3,7% 752 32%
    TOTAL NACIONAL 2 033 € 9,0% 3,1% 739 075 15%
    Palmas (Las) 1 976 € 7,9% 3,5% 14 498 7%
    Ceuta y Melilla 1 967 € 3,6% 1,5% 1 406 31%
    Canarias 1 966 € 9,9% 3,9% 27 358 6%
    Santa Cruz de Tenerife 1 957 € 12,0% 4,5% 12 860 5%
    Girona 1 943 € 7,9% 3,0% 14 904 7%
    Melilla 1 904 € -0,5% -0,6% 654 30%
    Cantabria 1 773 € 10,0% 4,2% 10 600 19%
    Cádiz 1 754 € 9,8% 3,9% 18 355 13%
    Alicante/Alacant 1 722 € 10,3% 3,9% 57 698 8%
    Navarra (Comunidad Foral de) 1 719 € 4,6% 2,8% 7 374 -2%
    Andalucía 1 696 € 9,0% 3,0% 144 935 16%

    with the National Spanish Average at 2,033 €/m².

  4. The least expensive real estate markets in Spain

    up to End March 2025 are, sorted by price, second column

    City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution
    Ciudad Real 748 € 3,3% 3,1% 7 274 28%
    Jaén 826 € 3,6% 1,5% 8 377 28%
    Cuenca 843 € 8,6% 4,2% 2 888 22%
    Zamora 851 € 4,5% 1,8% 2 373 22%
    Cáceres 876 € 3,8% 0,3% 5 770 20%
    Extremadura 913 € 2,8% 0,9% 13 712 18%
    Teruel 917 € 9,2% 2,9% 2 085 13%
    León 938 € 3,7% 2,5% 6 853 29%
    Badajoz 940 € 2,1% 1,3% 7 942 16%
    Palencia 976 € 3,5% 2,2% 2 415 22%
    Ourense 977 € 4,3% 1,1% 3 479 21%
    Ávila 994 € 10,2% 2,9% 3 518 21%
    Soria 1 005 € 7,4% 3,7% 1 614 6%
    Lugo 1 028 € 5,9% 3,1% 4 010 10%
    Castilla-La Mancha 1 037 € 8,4% 3,4% 35 125 18%
    Toledo 1 050 € 10,8% 3,8% 15 021 19%
    Albacete 1 063 € 5,8% 3,3% 4 535 12%
    Castilla y León 1 141 € 5,6% 2,6% 38 574 20%
    Córdoba 1 162 € 3,2% 1,9% 11 238 20%
    Murcia (Región de) 1 174 € 6,5% 3,7% 28 189 15%
    Lleida 1 190 € 6,4% 3,9% 6 983 19%
    Castellón/Castelló 1 233 € 7,3% 3,2% 14 990 24%
    Segovia 1 242 € 8,8% 4,0% 3 083 20%
    Burgos 1 269 € 6,3% 4,7% 6 123 14%
    Salamanca 1 272 € 5,8% 3,3% 4 864 17%
    Huesca 1 286 € 7,6% 1,3% 3 824 5%
    Rioja (La) 1 304 € 5,8% 3,3% 5 853 31%
    Almería 1 307 € 7,3% 2,6% 16 365 16%
    Huelva 1 332 € 4,7% 2,3% 8 652 13%
    Valladolid 1 391 € 5,8% 1,2% 7 731 21%
    Granada 1 423 € 10,7% 2,4% 16 193 19%

    with the National Spanish Average at 2,033 €/m².

     

     

  5. The most active Spanish real estate markets

     

    The real estate markets with the most transactions in Spain up to the end of March 2025 are, sorted by the number of transactions over the last 12 months, fourth column.

    City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution
    TOTAL NACIONAL 2 033 € 9,0% 3,1% 739 075 15%
    Andalucía 1 696 € 9,0% 3,0% 144 935 16%
    Comunidad Valenciana 1 619 € 10,9% 3,8% 114 655 9%
    Cataluña 2 453 € 8,3% 3,5% 113 033 18%
    Madrid (Comunidad de) 3 477 € 11,5% 3,1% 89 252 17%
    Barcelona 2 865 € 8,3% 3,5% 73 445 20%
    Alicante/Alacant 1 722 € 10,3% 3,9% 57 698 8%
    Valencia/València 1 625 € 12,1% 3,6% 41 967 7%
    Málaga 2 614 € 12,3% 3,6% 39 187 12%
    Castilla y León 1 141 € 5,6% 2,6% 38 574 20%
    Castilla-La Mancha 1 037 € 8,4% 3,4% 35 125 18%
    Galicia 1 436 € 7,3% 3,2% 29 095 18%
    Murcia (Región de) 1 174 € 6,5% 3,7% 28 189 15%
    Canarias 1 966 € 9,9% 3,9% 27 358 6%
    País Vasco 2 716 € 5,5% 3,2% 26 730 21%
    Sevilla 1 631 € 5,2% 2,4% 26 568 22%
    Aragón 1 495 € 11,1% 3,1% 19 549 13%
    Cádiz 1 754 € 9,8% 3,9% 18 355 13%
    Asturias (Principado de ) 1 519 € 11,4% 3,1% 17 731 23%
    Tarragona 1 581 € 7,4% 3,4% 17 701 16%
    Almería 1 307 € 7,3% 2,6% 16 365 16%
    Granada 1 423 € 10,7% 2,4% 16 193 19%
    Balears (Illes) 3 436 € 13,2% 3,6% 15 904 6%
    Toledo 1 050 € 10,8% 3,8% 15 021 19%
    Castellón/Castelló 1 233 € 7,3% 3,2% 14 990 24%

    Most active real estate markets in Spain to December 2022

     

  6. The fastest-growing real estate markets in Spain

    (or least decreasing in case evolution is negative)

    Here are the real estate markets in Spain with the fastest growth in terms of transitions to the end of March 2025, sorted by transaction evolution over the last 12 months / fourth column

    City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution
    Ceuta 2 048 € 8,0% 3,7% 752 32%
    Ceuta y Melilla 1 967 € 3,6% 1,5% 1 406 31%
    Rioja (La) 1 304 € 5,8% 3,3% 5 853 31%
    Melilla 1 904 € -0,5% -0,6% 654 30%
    León 938 € 3,7% 2,5% 6 853 29%
    Jaén 826 € 3,6% 1,5% 8 377 28%
    Ciudad Real 748 € 3,3% 3,1% 7 274 28%
    Bizkaia 2 628 € 5,3% 3,0% 13 941 24%
    Castellón/Castelló 1 233 € 7,3% 3,2% 14 990 24%
    Asturias (Principado de ) 1 519 € 11,4% 3,1% 17 731 23%
    Pontevedra 1 565 € 7,3% 3,1% 8 914 22%
    Palencia 976 € 3,5% 2,2% 2 415 22%
    Zamora 851 € 4,5% 1,8% 2 373 22%
    Cuenca 843 € 8,6% 4,2% 2 888 22%
    Sevilla 1 631 € 5,2% 2,4% 26 568 22%
    Valladolid 1 391 € 5,8% 1,2% 7 731 21%
    País Vasco 2 716 € 5,5% 3,2% 26 730 21%
    Ourense 977 € 4,3% 1,1% 3 479 21%
    Ávila 994 € 10,2% 2,9% 3 518 21%
    Barcelona 2 865 € 8,3% 3,5% 73 445 20%
    Check this fascinating infographic comparing transaction growth, price per m² and price evolution over the last year:
  7. The least active property markets in Spain

     

    Here are the Spanish cities registering the least transactions End of March 2025, Sorted by transaction evolution over the last 12 months/ third column

    City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution
    Navarra (Comunidad Foral de) 1 719 € 4,6% 2,8% 7 374 -2%
    Huesca 1 286 € 7,6% 1,3% 3 824 5%
    Santa Cruz de Tenerife 1 957 € 12,0% 4,5% 12 860 5%
    Soria 1 005 € 7,4% 3,7% 1 614 6%
    Balears (Illes) 3 436 € 13,2% 3,6% 15 904 6%
    Canarias 1 966 € 9,9% 3,9% 27 358 6%
    Girona 1 943 € 7,9% 3,0% 14 904 7%
    Valencia/València 1 625 € 12,1% 3,6% 41 967 7%
    Guadalajara 1 460 € 11,3% 3,4% 5 407 7%
    Palmas (Las) 1 976 € 7,9% 3,5% 14 498 7%
    Alicante/Alacant 1 722 € 10,3% 3,9% 57 698 8%
    Comunidad Valenciana 1 619 € 10,9% 3,8% 114 655 9%
    Lugo 1 028 € 5,9% 3,1% 4 010 10%
    Málaga 2 614 € 12,3% 3,6% 39 187 12%
    Albacete 1 063 € 5,8% 3,3% 4 535 12%
    Aragón 1 495 € 11,1% 3,1% 19 549 13%
    Huelva 1 332 € 4,7% 2,3% 8 652 13%
    Cádiz 1 754 € 9,8% 3,9% 18 355 13%
    Teruel 917 € 9,2% 2,9% 2 085 13%
    Burgos 1 269 € 6,3% 4,7% 6 123 14%
    Zaragoza 1 643 € 11,8% 3,4% 13 640 15%

     

  8. Price evolution of the most significant regions since 2006

    Here is a downloadable format of the chart if you want to save it:

    As you can see on this chart, Spanish real estate prices (thick orange line) got their lowest price point in early 2014 since the crisis of 2008. Since early 2014, real estate prices have been rising and reached 2,033€/m² by the end of March 2025. If you look at prices in general, yes, we can discuss growth again, but if you compare them to the levels of 2008 or European real estate prices, you can still find bargains.

    The three winning regions since 2014

    The Spanish market is divided into two groups since 2014: regions with rising prices, including Barcelona, Madrid, and the Balearic Islands, and all other areas where prices have stabilized or are increasing modestly. Since 2022, we have observed that nearly all Spanish regions have participated in this rally.

    Is it easy to buy in Spain?

    It is easy to buy a property in Spain, but:

    • because you are not on the ground,
    • because you don’t know the market and
    • because you need to check your property in order to avoid any nasty surprises, we advise you not to do it alone.

    We are foreigners and Spanish residents who have bought properties in Spain, and we have developed a network of reliable partners to assist foreigners with their purchases of Spanish property.

    We wrote this detailed article to help you out: Our ultimate 2025 guide to buying your property in Spain, where you will get most of our tricks.

    Don’t forget, if you are buying in Spain as a foreigner, you could have two different motives:

    • Pleasure
    • Investment

    or the two combined. Depending on what your own motivation (s) are, your criteria will be different.

    Find your property in Spain

     

  9. Price evolution since 1995 for the top 20 Spanish cities

    We have created massive databases containing all this information, which is updated quarterly for all Spanish cities. For each of those, you will find the last quarterly prices and transaction data available.  We did the same for each Spanish city: price and transaction information, an interactive chart (always up to date with our database), the resources available in the city and an image of the real estate price evolution between 1995 and March 2025 (static and not updated).

    Follow our alphabetical ranking or click on any name on this list: Alicante real estate prices, Almeria real estate prices, Barcelona real estate prices, Cadiz real estate prices, Castellón real estate prices, Girona real estate prices, Ibiza real estate prices, Las Palmas real estate prices, Madrid real estate prices, Málaga real estate prices, Murcia real estate prices, Sevilla real estate prices, Tenerife real estate prices, Valencia real estate prices, Valladolid real estate prices, Zaragoza real estate prices

     

    Alicante real estate prices: €1,722 /m², +10.3% yr/yr

    Real estate transactions for Alicante – last year: 57,698, +8%

    Have a look at our interactive Alicante real estate price chart:

     


    Have a look at the property hunting in Alicante realized by our local property hunter:

    Here are our other resources on Alicante:

     

    Almeria property prices: €1,307 /m², +7.3% yr/yr

    Transactions for the Almeria property market: 16,365 +16%

    Have a look at our interactive Almeria real estate price chart:

    Here are our local property hunters in Alméria.

    Here are our other resources on Almería:

     

    Barcelona real estate prices: €2,865 /m², +8.3% yr/yr

    Transactions for the real estate market in Barcelona: 73,445 +20%

    Have a look at our interactive Barcelona real estate price chart:

    Have a look at the property hunting in Barcelona, realized by our local property hunter:

    Here are our other resources on Barcelona:

     

     

    Cadiz property prices: €1,754 /m², +9.8% yr/yr

    Property transactions for Cadiz: 18,355 +13%

    Have a look at our interactive Cadiz real estate price chart:

     

    Castellón, Castelló real estate prices: €1,233/m², +7.3% yr/yr

    Real estate transactions for Castellón, Castelló: 14,4990 +24%

    Have a look at our interactive Castelló real estate price chart:

     

     

    Girona property prices: €1,943/m², +7.9% yr/yr

    Property transactions for the real estate market in Girona: 14,904 +7%

    Have a look at our interactive Girona real estate price chart:

     

    Have a look at the property hunting in Girona realized by our local property hunter:

    Here are our other resources on Girona:

    Ibiza real estate prices/Balearic Islands: €2,697 /m², +5.9% yr/yr

    Property transactions for the Balearic Islands are: 19,538 +23%

    Have a look at our interactive Ibiza real estate price chart:

    Looking for a property hunter in Ibiza? Here are our property hunters on the Balearic Islands

    Don’t miss our other resources on Ibiza.

     

    Las Palmas de Gran Canaria property prices: €1,684/m², +2.9% yr/yr

    Real estate transactions for Las Palmas: 16,786 +36%

    Have a look at our interactive Las Palmas real estate price chart:

     


    Have a look at the property hunting in Las Palmas de Gran Canaria realized by our local property hunter:

    Here are our other resources on Las Palmas de Gran Canaria:

    Madrid real estate prices: €2,888 /m², +4.6% yr/yr

    Property transactions for Madrid: 91,606 +7%

    Have a look at our interactive Madrid real estate price chart:

    Have a look at the property hunting in Madrid realized by our local property hunter:

    Here are our other resources on Madrid:

    Málaga property prices: €2,072 /m², +7.8% yr/yr

    Property transactions for Málaga: 45,565 +32%

    Have a look at our Málaga real estate price chart:

    Looking for a property hunter in Málaga? Here are our property hunters in Málaga. Here is one of the last property-hunting deals done by them:

    Here are our other resources on Málaga:

    Palma de Mallorca real estate prices/Balearic Islands: €2,697 /m², +3% yr/yr

    Real estate transactions for the Balearic Islands: 19,538 +23%

    Have a look at our Mallorca real estate price chart:

    Looking for a property hunter in Mallorca? Here are our property hunters in Mallorca.

    Here are our other resources on Mallorca:

    Murcia property prices: €1,026 /m², -0.1% yr/yr

    Property transactions for the property market in Murcia: 26,030 +15%

    Have a look at our Murcia real estate price chart:

    Have a look at the property hunting in Murcia realized by our local property hunter:

    Here are our other resources on Murcia:

    Santa Cruz Tenerife property prices: €1,555/m², +3.8% yr/yr

    Real estate transactions for Santa Cruz de Tenerife: 15,228 +42%

    Have a look at our Tenerife real estate price chart:

    Have a look at the property hunting in Tenerife realized by our local property hunter:

    Here are our other resources on Tenerife:

    Seville real estate prices: €1,428 /m², +3.7% yr/yr

    Transactions for the real estate market in Sevilla are strong: 26,100 +7%

    Have a look at our Seville real estate price chart:

     

    Valencia property prices: €1,309 /m², +3% yr/yr

    Real estate transactions for the property market in Valencia: 43,732 +10%

    Have a look at our Valencia real estate price chart:

     

     

    Valladolid real estate prices: €1,290 /m², +0.3% yr/yr

    Property transactions for Valladolid: 6,881 +6%

    Have a look at our Valladolid real estate price chart:

    Zaragossa property prices: €1,408 /m², +5.1% yr/yr

    Property transactions for Saragossa: 13,260 +6%

    Have a look at our Saragossa real estate price chart:

 

Source: Ministerio de Fomento

 

Have a look at the resources we have written about other Spanish Cities

Bilbao

 

Sitges

 

 

Don’t know where to start your property search? Start with Our ultimate 2025 guide to buying your property in Spain.

And Where are foreigners buying real estate in Spain? What price do they pay? How active are they?

Find our detailed maps and articles on the Spanish Costas here.

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Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

FAQ

Are property prices in Spain falling?

After the Covid period, where prices stayed stable to negative, real estate prices in Spain recovered and are at 1,749€ per square meter in Spain end of December 2022.

Is now a good time to buy a Spanish property?

The important thing with Spain real estate is that the market is not red hot as in 2007 or as in many countries in the world in 2022. Housing is not too expensive at 1,741€ per square meter in Spain end of June 2022. If you compare those to international cities and take into account the quality of life and the cost of life, prices are really not expensive.

What is the best place to live in Spain?

You have many choices. The first question to ask yourself: city or countryside? The second one is the proximity to the beaches. And as a foreigner, proximity to the airport is one of the main questions. Don't miss our full guide to searching for your ideal property in Spain. Of course, Madrid, Barcelona, Valencia, and Malaga are some of the most loved cities in Spain.

Can you buy property in Spain without being a resident?

Yes, not a problem. We do have lawyers in our network of local partners to assist you with all the paperwork.

 

 

 

 

 

 

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