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Last Updated on 11/12/2025 by STEPHANE
Spanish real estate price evolution up to September 2025: +12% Yr/Yr
Welcome to one of the most detailed resources available on Spanish property prices. Our quarterly report is the most detailed available on the Spanish real estate market, compiled with the insights of our 100+ local partners, as well as our exclusive database. In this report, you will find all our resources on the 20 biggest Spanish real estate markets.
Quick Summary: Spanish Property Market September 2025
- Average Price: €2,153/m² (back ABOVE 2008 peak)
- Market Growth: +12% year-over-year (accelerating from 9%)
- Transaction Volume: 745,051 sales (+13% increase)
- Market Recovery: Multi-tier surge across all price segments
- Foreign Buyer Access: Easy purchase process, competitive financing
- Value Proposition: Exceptional value vs other European markets
Spanish Property Market Reality Check: September 2025 – A Multi-Tier Surge Redefining Real Estate Investment
The Spanish property market has reached a pivotal moment that demands immediate attention from investors, buyers, and industry observers worldwide.
As we enter the fourth quarter of 2025, Spanish real estate has achieved something unprecedented since the post-2008 recovery began: a genuine multi-tier market surge that’s reshaping the entire investment landscape. With property prices reaching €2,153 per square meter—back above the 2008 peak—we’re witnessing not merely another luxury market story, but a fundamental economic shift driving explosive activity across every price segment.
Market numbers tell us a story of a strong, not overheated market
For the first time since the recovery started, we’re seeing simultaneous growth across premium, mid-tier, and value markets. This isn’t speculation—it’s backed by hard data showing 745,051 property transactions in the past 12 months (a 13% increase) and remarkable year-on-year price growth of 12%, accelerating from just 9% three months earlier.
The driving forces? Of course, the strong Spanish economy, the strongest in the European region, is the main driving force. At the same time, the second driving force is the combination of low supply and high demand in both the sales and rental markets. We see a perfect storm of rising rental costs that’s making homeownership financially competitive at every price level, pushing Spanish families and international buyers alike into the purchase market in record numbers. Lower-tier markets are experiencing extraordinary transaction growth compared to premium segments—a clear indicator that this surge represents genuine, broad-based demand rather than speculative investment.
Crucially, despite this dramatic growth, Spanish property prices remain highly competitive compared to those in other major European markets, thereby maintaining Spain’s position as an exceptional value for international buyers.
Your Complete Guide to Spain’s transformed real estate market
This comprehensive analysis covers the most detailed examination of Spanish property prices across all major markets. Here’s what we’ll analyse:
Market Performance: Quarterly and annual price evolution, transaction volumes, and fastest-growing markets across all Spanish regions.
Investment Intelligence: Complete market rankings, historical context from 2008 peaks to 2014 lows, and long-term regional performance trends.
Strategic Insights: The three “winning regions” since 2014, a detailed city-by-city analysis of the top 20 markets, and identification of sustainable growth versus speculative activity.
Future Outlook: Why this represents a structural shift in Spanish housing economics, opportunities across all price tiers, and strategic considerations for different buyer profiles.
Exclusive Market Intelligence: tailored opportunities for every Spanish Property Dream
Our exclusive analysis reveals surprising winners across all buyer categories that most investors are completely missing:
Holiday Home Seekers: While everyone fights over Málaga, our data reveals a coastal gem with 22% transaction growth that remains 10% below its 2008 peak, offering authentic Spanish charm at a more affordable price.
Investment-Minded Buyers: Forget Barcelona’s saturated rental market. Our analysis identifies an emerging university city where rental demand from locals who can no longer afford rent is driving a 20% increase in transactions. However, yes, you know it; we continue to love Barcelona, where we began our purchases in 2014.
Retirement Planners: The Balearics grab headlines, but our local partners have identified a Mediterranean lifestyle market where your Northern European pension stretches 40% further than five years ago.
Digital Nomads: Valencia gets all the attention, but we’ve uncovered a connected inland city with fibre infrastructure, co-working spaces, and mortgage payments that beat significant city rental costs.
Relocating Families: Our data show that Spanish families are choosing one particular region for homeownership over rental at record rates, creating ready-made international communities with authentic local integration.
Whether you’re seeking your dream Spanish property, evaluating investment opportunities, or understanding how this transformation affects existing holdings, this analysis provides the data-driven insights essential for navigating today’s dynamic Spanish property market.
The bargain basement days of 2014-2018 may be behind us, but Spain’s multi-tier surge has created new opportunities that savvy buyers and investors cannot afford to ignore.
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Spanish property prices evolution over the last quarter
Let’s start with the Spanish national average for real estate: the price per square meter is €2,153 as of September 30, 2025. This means that Spanish real estate prices evolved
- by +12% in the previous year from €1,921/m² (+10.4% vs 3 months ago)
- by +2.9% during the last quarter (+3% vs 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 began, prices began to decline in June 2020. Of course, due to the lockdowns and the coronavirus situation, transaction volume was lower in 2020; however, activity has returned since 2022 and remains strong. Over the last 12 months to September 2025, 745,000 properties were sold, representing a 12% year-on-year increase.
Please review our interactive chart of real estate prices in Spain over the last 30 years. In the same chart, you will find the property transaction history for each quarter. For most of our interactive charts, we produce a static chart that is easier to download.
On mobile, scroll left or right to see the whole chart.
The lowest price since the 2007 financial crisis was €1,456/m² in the third quarter of 2014, while the highest is €2,153/m² as of September 2025. As of September 2025, we are 2% above the 2008 highs (€2,153/m²). Many local markets drive this new high, as you can see on this chart:

Line graph showing Spain real estate prices reaching a new all-time high of 2,153€ per square meter in September 2025, with year-over-year increases detailed for major cities and the overall Spain real estate market.
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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 horizontally 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% 
Bar graph showing the evolution of real estate prices in major Spanish cities, highlighting the cities with the slowest growth. In Q3 2025, Spain’s average price is €2,153/m² (+2.9% Q/Q). The slowest-growing cities are circled for context on Spanish property prices in 2025.
Here is the alphabetical ranking of all the regions’ real estate price evolution in the last quarter:
Interactive chart
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Spanish property prices evolution over the last year
The Spanish cities with the most substantial real estate price increases for the year are:

Bar chart showing Spain real estate prices per square meter by region in Q3 2025. Madrid (€3,733/m²), Balearic Islands (€3,672/m²), and Gipuzkoa (€3,222/m²) lead the rankings, with Barcelona province at €2,981/m² and the Basque Country at €2,866/m². The national average stands at €2,153/m².
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
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Winners and Losers: Spanish Property Recovery vs 2008 Peak Analysis
One of the most revealing aspects of Spain’s current market position becomes clear when we compare today’s prices to the historic 2008 peak of € 2,101 per square meter. This analysis reveals a fascinating three-tier recovery pattern that defines today’s investment landscape.
The Clear Winners: Markets that have exceeded 2008 levels
Several Spanish markets have not only recovered but have pushed beyond their pre-crisis peaks, establishing new price records:
Premium Performers:
- Balearic Islands: +34.4% – The standout winner
- Madrid: +19.5% – The capital continues its premium trajectory
- Tenerife: +15.6% – Canary Islands showing strong international demand
- Málaga: +17% – Costa del Sol’s enduring appeal
These markets represent the new price ceiling for Spanish real estate, driven by sustained international demand, limited supply, and premium positioning.
The Recovery Zone: Markets at or near 2008 Levels
A significant group of markets has essentially reached full recovery, sitting within 5% of their 2008 peaks:
Full Recovery Markets:
- Valencian Community: +2.9% – Above 2008 levels with growing momentum
- Spain average: +2.4% – complete recovery
- Andalusia: +0% – Just above peak levels
These markets offer the psychological comfort of “proven” price levels while still providing growth potential as they move definitively above historic peaks.

Bar chart comparing Spanish property prices in September 2025 to the 2008 peak, showing regions with higher (green) and lower (red) prices than 2008. The Balearic Islands lead the Spanish real estate market with a 34.4% increase.
The Value Opportunity: Markets still below 2008 peaks
The most intriguing opportunities lie in markets that remain significantly below their 2008 highs, yet show strong fundamental demand:
Value Plays with Upside Potential:
- Valencia: +7% – third biggest city in Spain with 6% transaction growth
- Cadiz: -4% – Major city with 14% transaction growth
- Sevilla: -4.9% – Major city with 18% transaction growth
- Girona: -10% – Catalonian opportunity near French border
- Tarragona: -18% – Catalonian opportunity close to Barcelona
- Andalusia: +0.2% – Regional opportunity with lifestyle appeal
- Valencian Community: +2.9% – Broad regional recovery underway
Deep Value Markets:
- Castilla y León: -26.5% – Significant upside if national trends continue
- Castellon: -30.8% – Significant upside if national trends
- Murcia: -32.7% – Interior opportunities with affordability
- Toledo: -36.4% – Interior opportunities with affordability
- Ciudad Real: -42.6% – The deepest value play
Strategic Implications for 2025 and Beyond
For Premium Buyers: The winner markets (Balearics, Madrid, Málaga) offer proven resilience and continued growth, though at premium entry points. At these levels, the Balearics are not an investment opportunity, but it remains a lifestyle opportunity, of course.
For Value Investors: Markets like Sevilla (-5% from peak but +18% transaction growth) Girona and Tarragona represent compelling value-momentum combinations.
For Long-term Positioning: The 30%+ discounts in Castellon, Castilla y León, Toledo and Murcia may represent generational opportunities if Spain’s economic growth continues.
The National Picture: With Spain overall just 2% above the 2008 peak, the country has essentially achieved full recovery while maintaining a better value than most European markets and is enjoying one of the strongest economies worldwide (developed countries).
This recovery pattern validates our “multi-tier surge” thesis: different markets are at various stages of their cycles, creating opportunities across all investment strategies and price points.
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The most expensive real estate markets in Spain
up to End September 2025 are sorted by price, the second column

Bar chart comparing Spain real estate prices and price evolution percentages in various cities as of September 2025, featuring the Spanish flag and highlighting Spanish property prices 2025, with data source indicated.
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Madrid (Comunidad de) 3 733 € 14,0% 2,8% 87 599 10% Balears (Illes) 3 672 € 14,5% 4,4% 15 794 6% Gipuzkoa 3 222 € 10,5% 3,4% 8 928 23% Barcelona 2 981 € 10,8% 2,1% 75 515 20% País Vasco 2 866 € 11,0% 2,6% 26 913 17% Málaga 2 834 € 16,1% 4,6% 37 968 7% Bizkaia 2 806 € 11,7% 2,8% 13 927 15% Cataluña 2 548 € 10,6% 1,9% 115 668 17% Araba/Alava 2 339 € 9,2% -0,5% 4 058 10% TOTAL NACIONAL 2 153 € 12,1% 2,9% 745 051 13% Santa Cruz de Tenerife 2 068 € 13,9% 3,7% 12 524 2% Canarias 2 068 € 12,5% 3,5% 26 915 4% Palmas (Las) 2 067 € 11,3% 3,3% 14 391 5% Ceuta 2 067 € 5,6% -0,6% 768 24% Ceuta y Melilla 2 024 € 6,3% -0,2% 1 425 22% Melilla 1 995 € 6,8% 0,1% 657 20% Girona 1 992 € 9,0% 1,2% 14 995 6% Cantabria 1 934 € 15,1% 4,4% 10 526 13% Cádiz 1 836 € 11,1% 4,0% 18 870 14% Alicante/Alacant 1 830 € 13,8% 3,3% 43 382 -21% Navarra (Comunidad Foral de) 1 805 € 11,1% 1,2% 7 431 0% Andalucía 1 804 € 12,9% 3,6% 146 402 14% Valencia/València 1 758 € 15,8% 4,4% 42 332 6% Zaragoza 1 755 € 13,8% 3,3% 14 040 15% Comunidad Valenciana 1 735 € 14,5% 3,8% 114 896 7% Sevilla 1 708 € 11,0% 2,1% 26 884 18% Pontevedra 1 660 € 10,2% 2,5% 9 084 21% Tarragona 1 651 € 11,0% 2,6% 18 012 16% Asturias (Principado de ) 1 638 € 14,1% 3,8% 17 908 18% Coruña (A) 1 589 € 10,0% 1,7% 12 840 13% Aragón 1 589 € 13,0% 3,3% 20 082 14% Guadalajara 1 548 € 13,0% 2,2% 5 392 6% Galicia 1 518 € 9,4% 1,9% 29 771 16% Granada 1 517 € 12,9% 2,6% 16 251 13% Valladolid 1 482 € 10,2% 3,3% 8 030 22% with the National Spanish Average at 2,153 €/m².
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The least expensive real estate markets in Spain
up to End September 2025 are, sorted by price, second column
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Ciudad Real 760 € 6,6% 1,7% 7 531 23% Jaén 867 € 8,1% 3,2% 8 748 26% Cuenca 869 € 8,8% 0,3% 2 824 14% Zamora 902 € 10,9% 2,3% 2 350 15% Cáceres 907 € 4,3% 1,8% 5 943 17% Teruel 924 € 7,2% 0,3% 2 101 10% Extremadura 936 € 3,8% 1,8% 13 893 13% Badajoz 958 € 3,5% 1,8% 7 950 10% León 978 € 7,7% 2,0% 7 085 25% Palencia 987 € 6,2% -0,3% 2 520 21% Ourense 1 025 € 5,4% 1,1% 3 719 24% Soria 1 043 € 6,8% 1,5% 1 588 5% Ávila 1 061 € 10,6% 4,0% 3 538 15% Castilla-La Mancha 1 080 € 10,4% 1,9% 35 584 16% Lugo 1 084 € 9,9% 0,9% 4 128 10% Toledo 1 098 € 12,0% 2,1% 15 182 17% Albacete 1 115 € 11,1% 2,6% 4 655 12% Lleida 1 164 € 5,2% -2,7% 7 146 16% Castilla y León 1 204 € 9,8% 2,7% 39 683 19% Murcia (Región de) 1 216 € 11,0% 2,6% 28 777 15% Córdoba 1 219 € 8,1% 3,1% 11 681 19% Castellón/Castelló 1 318 € 11,4% 3,1% 15 340 21% Burgos 1 322 € 12,1% 3,0% 6 478 20% Salamanca 1 349 € 9,0% 1,9% 5 027 16% Rioja (La) 1 352 € 10,4% 2,6% 5 784 19% Huesca 1 353 € 10,1% 4,4% 3 941 11% Segovia 1 353 € 14,8% 4,5% 3 067 17% Almería 1 365 € 9,9% 4,1% 17 288 24% Huelva 1 398 € 11,1% 3,4% 8 712 9% Valladolid 1 482 € 10,2% 3,3% 8 030 22% with the National Spanish Average at 2,153 €/m².

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The most active Spanish real estate markets
The real estate markets with the most transactions in Spain as of the end of September 2025, sorted by the number of transactions over the last 12 months, are listed in the fourth column.
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution TOTAL NACIONAL 2 153 € 12,1% 2,9% 745 051 13% Andalucía 1 804 € 12,9% 3,6% 146 402 14% Cataluña 2 548 € 10,6% 1,9% 115 668 17% Comunidad Valenciana 1 735 € 14,5% 3,8% 114 896 7% Madrid (Comunidad de) 3 733 € 14,0% 2,8% 87 599 10% Barcelona 2 981 € 10,8% 2,1% 75 515 20% Alicante/Alacant 1 830 € 13,8% 3,3% 43 382 -21% Valencia/València 1 758 € 15,8% 4,4% 42 332 6% Castilla y León 1 204 € 9,8% 2,7% 39 683 19% Málaga 2 834 € 16,1% 4,6% 37 968 7% Castilla-La Mancha 1 080 € 10,4% 1,9% 35 584 16% Galicia 1 518 € 9,4% 1,9% 29 771 16% Murcia (Región de) 1 216 € 11,0% 2,6% 28 777 15% Canarias 2 068 € 12,5% 3,5% 26 915 4% País Vasco 2 866 € 11,0% 2,6% 26 913 17% Sevilla 1 708 € 11,0% 2,1% 26 884 18% Aragón 1 589 € 13,0% 3,3% 20 082 14% Cádiz 1 836 € 11,1% 4,0% 18 870 14% Tarragona 1 651 € 11,0% 2,6% 18 012 16% Asturias (Principado de ) 1 638 € 14,1% 3,8% 17 908 18% Almería 1 365 € 9,9% 4,1% 17 288 24% Granada 1 517 € 12,9% 2,6% 16 251 13% Balears (Illes) 3 672 € 14,5% 4,4% 15 794 6% Castellón/Castelló 1 318 € 11,4% 3,1% 15 340 21% Toledo 1 098 € 12,0% 2,1% 15 182 17% Girona 1 992 € 9,0% 1,2% 14 995 6% Palmas (Las) 2 067 € 11,3% 3,3% 14 391 5% Zaragoza 1 755 € 13,8% 3,3% 14 040 15% 
Bar chart illustrating the number of real estate transactions and the evolution of real estate prices in major cities in Spain in September 2025, with Madrid and Barcelona leading.
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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 September 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 Jaén 867 € 8,1% 3,2% 8 748 26% León 978 € 7,7% 2,0% 7 085 25% Ourense 1 025 € 5,4% 1,1% 3 719 24% Ceuta 2 067 € 5,6% -0,6% 768 24% Almería 1 365 € 9,9% 4,1% 17 288 24% Gipuzkoa 3 222 € 10,5% 3,4% 8 928 23% Ciudad Real 760 € 6,6% 1,7% 7 531 23% Ceuta y Melilla 2 024 € 6,3% -0,2% 1 425 22% Valladolid 1 482 € 10,2% 3,3% 8 030 22% Castellón/Castelló 1 318 € 11,4% 3,1% 15 340 21% Palencia 987 € 6,2% -0,3% 2 520 21% Pontevedra 1 660 € 10,2% 2,5% 9 084 21% Melilla 1 995 € 6,8% 0,1% 657 20% Barcelona 2 981 € 10,8% 2,1% 75 515 20% Burgos 1 322 € 12,1% 3,0% 6 478 20% Córdoba 1 219 € 8,1% 3,1% 11 681 19% Rioja (La) 1 352 € 10,4% 2,6% 5 784 19% Castilla y León 1 204 € 9,8% 2,7% 39 683 19% Asturias (Principado de ) 1 638 € 14,1% 3,8% 17 908 18% Sevilla 1 708 € 11,0% 2,1% 26 884 18% Cáceres 907 € 4,3% 1,8% 5 943 17% Toledo 1 098 € 12,0% 2,1% 15 182 17% Cataluña 2 548 € 10,6% 1,9% 115 668 17% Segovia 1 353 € 14,8% 4,5% 3 067 17% País Vasco 2 866 € 11,0% 2,6% 26 913 17% Lleida 1 164 € 5,2% -2,7% 7 146 16% Salamanca 1 349 € 9,0% 1,9% 5 027 16% Galicia 1 518 € 9,4% 1,9% 29 771 16% Castilla-La Mancha 1 080 € 10,4% 1,9% 35 584 16% Tarragona 1 651 € 11,0% 2,6% 18 012 16% Murcia (Región de) 1 216 € 11,0% 2,6% 28 777 15% Zaragoza 1 755 € 13,8% 3,3% 14 040 15% Zamora 902 € 10,9% 2,3% 2 350 15% Bizkaia 2 806 € 11,7% 2,8% 13 927 15% Ávila 1 061 € 10,6% 4,0% 3 538 15% Andalucía 1 804 € 12,9% 3,6% 146 402 14% Cuenca 869 € 8,8% 0,3% 2 824 14% Aragón 1 589 € 13,0% 3,3% 20 082 14% Cádiz 1 836 € 11,1% 4,0% 18 870 14% Granada 1 517 € 12,9% 2,6% 16 251 13% Extremadura 936 € 3,8% 1,8% 13 893 13% Coruña (A) 1 589 € 10,0% 1,7% 12 840 13% TOTAL NACIONAL 2 153 € 12,1% 2,9% 745 051 13% Check this fascinating infographic comparing transaction growth, price per m², and price evolution over the last year:
Situation on the Spanish real estate markets as of September 2025 with: the most expensive: Madrid, the most active: Gipuzkoa, and the fastest-rising: Málaga.
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The least active property markets in Spain
Here are the Spanish cities registering the least transactions as of the end of September 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 Alicante/Alacant 1 830 € 13,8% 3,3% 43 382 -21% Navarra (Comunidad Foral de) 1 805 € 11,1% 1,2% 7 431 0% Santa Cruz de Tenerife 2 068 € 13,9% 3,7% 12 524 2% Canarias 2 068 € 12,5% 3,5% 26 915 4% Soria 1 043 € 6,8% 1,5% 1 588 5% Palmas (Las) 2 067 € 11,3% 3,3% 14 391 5% Balears (Illes) 3 672 € 14,5% 4,4% 15 794 6% Girona 1 992 € 9,0% 1,2% 14 995 6% Guadalajara 1 548 € 13,0% 2,2% 5 392 6% Valencia/València 1 758 € 15,8% 4,4% 42 332 6% Málaga 2 834 € 16,1% 4,6% 37 968 7% Comunidad Valenciana 1 735 € 14,5% 3,8% 114 896 7% Huelva 1 398 € 11,1% 3,4% 8 712 9% Badajoz 958 € 3,5% 1,8% 7 950 10% Teruel 924 € 7,2% 0,3% 2 101 10% Madrid (Comunidad de) 3 733 € 14,0% 2,8% 87 599 10% Araba/Alava 2 339 € 9,2% -0,5% 4 058 10% Lugo 1 084 € 9,9% 0,9% 4 128 10% Huesca 1 353 € 10,1% 4,4% 3 941 11% Albacete 1 115 € 11,1% 2,6% 4 655 12% Cantabria 1 934 € 15,1% 4,4% 10 526 13% TOTAL NACIONAL 2 153 € 12,1% 2,9% 745 051 13% -
Price evolution of the most significant regions since 2006
In 2014, Spanish property prices reached their lowest point.
Here is a downloadable format of the chart if you want to save it:

Line graph showing Spanish property prices from 2005 to 2025, with a new all-time high in October 2025 at 2,153€ per square meter, plus yearly growth rates highlighting Spain real estate price evolution in major cities.
As you can see on this chart, Spanish real estate prices (thick orange line) reached their lowest price point in early 2014 since the 2008 crisis. Since early 2014, real estate prices have been rising and reached 2,153€/m² (new all-time high) by the end of September 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 has been divided into two groups since 2014: regions with rising prices, including Barcelona, Madrid, and the Balearic Islands, and all other areas where prices have stabilised 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 purchased properties in Spain, and we have developed a network of reliable partners to assist foreigners with their property purchases in Spain.
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 your motivation(s), your criteria will be different.

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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 September 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: €1,830 /m², +13.8% yr/yr
Real estate transactions for Alicante – last year: 53,382, -21%
Have a look at our interactive Alicante real estate price chart:
Real estate prices in Alicante remain, on average, 15% lower than the national average and slightly above their 2008 pre-crisis levels.

Line graph comparing Alicante and Spanish property prices from 1995 to September 2025, highlighting the Spain real estate price evolution, with Alicante at €1,830/m² and Spain at €2,153/m². Yearly transaction bars are shown below.
Have a look at the property hunting in Alicante, realised by our local property hunter:
- Have a look at the property hunting in Alicante, realised by our local property hunter:
- Costa Blanca property investment: a holiday home in Calpe – Alicante,
- Costa Blanca property hunting: property investment and renovation in Altea
Here are our other resources on Alicante:
- Our article on Alicante: The best Spanish shopping experience you will find in Alicante, Barcelona, Madrid and Malaga! Alicante: the Spanish pearl
- Our article on the Costa Blanca: Everything you ever wanted to know about the Costa Blanca
- Check the monthly weather statistics for Alicante
- Check some of our experts in our local network in Alicante: Real estate Lawyers in Alicante, Property hunters in Alméria, Architects in Alicante, How to find a mortgage in Alicante? All the experts assist you in your language.
- Find your local experts in Alicante within our network, it’s free!
Almeria property prices: €1,365 /m², +4.1% yr/yr
Transactions for the Almeria property market: 17,288 +24%
Have a look at our interactive Almeria real estate price chart:
Real estate prices in Almeria remain, on average, 33% lower than the national average and well below their 2008 pre-crisis levels.
Here are our local property hunters in Alméria.
Here are our other resources on Almería:
- Our article on Almeria: Almería, one of the Andalusian pearls
- Our article on the Costa de Almería: Everything you ever wanted to know about the Costa de Almería
- Check the monthly weather statistics for Alméria
- Check some of our experts in our local network in Alméria: Real estate Lawyers in Alméria, Property hunters in Alméria, Architects in Alméria, How to find a mortgage in Alméria? All the experts assist you in your language
- Find your local experts in Alméria within our network, it’s free!

Line graph showing Spain real estate price evolution in Almeria at 1,307€, below the national average of 2,153€, from 1995 to September 2025, featuring quarterly and yearly transaction trends.
Barcelona real estate prices: €2,981 /m², +10.8% yr/yr
Transactions for the real estate market in Barcelona: 75,515 +20%
Have a look at our interactive Barcelona real estate price chart:
Real estate prices in Barcelona are, on average, 35% higher than the national average and are trading at new all-time highs again. Considering the number of transactions, Madrid and Barcelona are the two strongest markets.
Have a look at the property hunting in Barcelona, conducted by our local property hunter:
- A countryside villa close to Barcelona and Tossa de Mar: Costa Brava property investment
- Barcelona property hunting: an apartment in Barcelona got a quick refresh for €15,000
- Barcelona property hunting: a Case study
Here are our other resources on Barcelona:
- Our article on Barcelona: Barcelona real estate market is rising in 2017
- Our article on the Costa de Barcelona: Everything you ever wanted to know about the Costa de Barcelona
- Check the monthly weather statistics for Barcelona
- Check our Citytrip ePostcards on Barcelona
- Check some of our experts in our local network in Barcelona: Real estate Lawyers in Barcelona, Property hunters in Barcelona, Architects in Barcelona, How to find a mortgage in Barcelona all assisting you in your language
- Find your local experts in Barcelona within our network, it’s free!

Line graph showing Spain real estate price evolution, with Barcelona property prices rising to 2,981€ by September 2025 compared to Spain’s average of 2,153€, alongside transaction volume trends below.
Cadiz property prices: €1,836 /m², +11.1% yr/yr
Property transactions for Cadiz: 18,870 +14%
Have a look at our interactive Cadiz real estate price chart:
Real estate prices in Cádiz remain, on average, 15% below the national average and 9% below the peak reached in 2008.
- Our article on Cadiz: The real estate market in Cadiz, 2017
- Check out our infographic on the Costa de la Luz, which includes all the activities available there.
- Check the monthly weather statistics for Cadiz
- Check some of our experts in our local network in Cadiz: Real estate Lawyers in Cadiz, Property hunters in Cadiz, Architects in Cadiz, and How to find a mortgage in Cadiz, all assisting you in your language
- Find your local experts in Cadiz within our network, it’s free!

Line graph showing Spain real estate price evolution: property prices in Cadiz (1,836€/m²) versus Spain (2,153€/m²) from 1995 to September 2025, with yearly and quarterly transaction data.
Castellón, Castelló real estate prices: €1,318/m², +11.4% yr/yr
Real estate transactions for Castellón, Castelló: 15,340 +21%
Have a look at our interactive Castelló real estate price chart:
Real estate prices in Castellón remain, on average, 40% below the national average and 35% below the 2008 peak.
- Our article on Castellon: The Castellón real estate market resurrects but remains very attractive in 2017
- Our article on the Costa del Azahar: Everything you ever wanted to know about the Costa del Azahar
- Check the monthly weather statistics for Castellon
- Check some of our experts in our local network in Castellón: Real estate Lawyers in Castellón, Property hunters in Castellón, Architects in Castellón, and How to find a mortgage in Castellón all assisting you in your language
- Find your local experts in Castellón within our network, it’s free!

Line graph showing Spain real estate price evolution in Castellon and Spain from 1995 to 2025, with Castellon at 1,318€ and Spain at 2,153€. Includes yearly and quarterly transaction data.
Girona property prices: €1,992/m², +9% yr/yr
Property transactions for the real estate market in Girona: 14,995 +6%
Have a look at our interactive Girona real estate price chart:
Real estate prices in Girona followed national prices as if Girona were the national market, which is an interesting phenomenon. Check these two charts! Girona is 10% below its peak of 2008.
Have a look at the property hunting in Girona realised by our local property hunter:
- A countryside villa close to Barcelona and Tossa de Mar: Costa Brava property investment
- Costa Brava property hunting, a house in Begur.
- Costa Brava property investment: A sea-view apartment with pool in Platja d’Aro
- A mountain-view detached villa in Calonge: Costa Brava property investment
Here are our other resources on Girona:
- Our article on Girona: Girona, the door to the Pyrenees and the Costa Brava
- Our article on the Costa Brava: Everything you ever wanted to know about the Costa Brava.
- Check the monthly weather statistics for Girona
- Check some of our experts in our local network in Girona: Real estate Lawyers in Girona, Property hunters in Girona, Architects in Girona, How to find a mortgage in Girona all assisting you in your language
- Find your local experts in Girona within our network, it’s free!

Line chart showing real estate prices in Girona and Spain from 1995 to September 2025, with Girona at 1,992€ and Spain at 2,153€, alongside a bar graph of property transactions in the Spanish property market.
Ibiza real estate prices/Balearic Islands: €3,672 /m², +14.5% yr/yr
Property transactions for the Balearic Islands are: 15,794 +6%
Have a look at our interactive Ibiza real estate price chart:
Real Estate prices in Mallorca are 70% higher than the national average and are 50% of their 2008 pre-crisis levels. Activity is strong and has returned to pre-COVID levels.
Looking for a property hunter in Ibiza? Here are our property hunters on the Balearic Islands
Don’t miss our other resources on Ibiza.
- Our article on Ibiza: The Ibiza real estate market is going very well
- Our article on the Balearic Islands: Everything you ever wanted to know about the Balearic Islands
- Check the monthly weather statistics for Ibiza
- Check some of our experts in our local network in Ibiza: Real estate Lawyers in Ibiza, Property hunters in Ibiza, Architects in Ibiza, How to find a mortgage in Ibiza all assisting you in your language
- Find your local experts in Ibiza within our network, it’s free!

Line graph comparing Balearic and Spanish property prices from 1995 to September 2025, highlighting Spain real estate price evolution—Balearic at 3,672€ versus Spain at 2,153€—plus transaction data.
Las Palmas de Gran Canaria property prices: €2,067/m², +11.3% yr/yr
Real estate transactions for Las Palmas: 14,391 +5%
Have a look at our interactive Las Palmas real estate price chart:
Real estate prices in Gran Canaria are very close to the national average of Spain and a little bit more than 5% above 2007 prices.
Have a look at the property hunting in Las Palmas de Gran Canaria realised by our local property hunter:- Property hunting in Tenerife for a Holiday apartment.
- Tenerife property hunting: a Case study of property for sale in Tenerife
Here are our other resources on Las Palmas de Gran Canaria:
- Our article on Las Palmas de Gran Canaria: Gran Canaria, the tropical gem of Spain
- Our article on the Canary Islands: Everything you ever wanted to know about the Canary Islands
- Check the monthly weather statistics for Las Palmas de Gran Canaria
- Check some of our experts in our local network in Las Palmas de Gran Canaria: Real estate Lawyers in Las Palmas de Gran Canaria, Property hunters in Las Palmas de Gran Canaria, Architects in Las Palmas de Gran Canaria, How to find a mortgage in Las Palmas de Gran Canaria all assisting you in your language
- Find your local experts in Las Palmas de Gran Canaria within our network, it’s free!

Line graph showing Spanish property prices in Las Palmas and the Spain real estate market from 1995 to September 2025, with Las Palmas at 2,067€ and Spain at 2,153€ per square meter.
Madrid real estate prices: €3,733 /m², +14% yr/yr
Property transactions for Madrid: 87,599 +10%
Have a look at our interactive Madrid real estate price chart:
Real estate prices in Madrid are leading the charge, 75% higher than the national average. They are now 20% above the pre-crisis levels of 2008. Considering the number of transactions, Madrid and Barcelona are the two strongest markets.
Have a look at the property hunting in Madrid realised by our local property hunter:
- A Madrid buy-to-let property investment.
- Americans are buying real estate in Madrid at a 20% discount!
- Remote working from your Madrid’s pied-à-Terre?
- Madrid property hunting: a Case study
Here are our other resources on Madrid:
- Our articles on Madrid: Real estate foreign investors are discovering Madrid, Madrid on the top 3 list of European Cities to invest in
- Check the monthly weather statistics for Madrid
- Check our Citytrip postcards on Madrid
- Check some of our experts in our local network in Madrid: Real estate Lawyers in Madrid, Property hunters in Madrid, Architects in Madrid, How to find a mortgage in Madrid all assisting you in your language
- Find your local experts in Madrid within our network, it’s free!

Line graph illustrating the Spain real estate price evolution, with Madrid property prices at 3,733€ vs. Spain’s 2,153€, plus yearly and quarterly transaction trends from 1995 to September 2025.
Málaga property prices: €2,834 /m², +16.1% yr/yr
Property transactions for Málaga: 37,968 +7%
Have a look at our Málaga real estate price chart:
Real estate prices in Málaga are approximately 30% higher than the national average and more than 20% above their peak reached in 2007, before the crisis.
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:
- Our articles on Málaga: Malaga: an emerging city to buy second homes, Malaga is always a place for your dream house
- Our article on the Costa del Sol: Everything you ever wanted to know about the Costa del Sol.
- Check the monthly weather statistics for Málaga
- Check our Citytrip ePostcards on Málaga
- Check some of our experts in our local network in Málaga: Real estate Lawyers in Málaga, Property hunters in Málaga, Architects in Málaga, How to find a mortgage in Málaga all assisting you in your language
- Find your local experts in Málaga within our network, it’s free!

Line graph showing Malaga property prices at 2,834€ in September 2025, above Spain’s average of 2,153€, with yearly and quarterly transaction data from 1995 onwards—highlighting trends in the Spain real estate market.
Palma de Mallorca real estate prices/Balearic Islands: €3,672 /m², +14.5% yr/yr
Real estate transactions for the Balearic Islands: 15,794 +6%
Have a look at our Mallorca real estate price chart:
Real Estate prices in Mallorca are 40% higher than the national average and are at all-time highs.
Looking for a property hunter in Mallorca? Here are our property hunters in Mallorca.
Here are our other resources on Mallorca:
- Our article on Palma de Mallorca: Mallorca, a paradise in the middle of the Mediterranean
- Our article on the Balearic Islands: Everything you ever wanted to know about the Balearic Islands
- Check the monthly weather statistics for Mallorca
- Check some of our experts in our local network in Palma de Mallorca: Real estate Lawyers in Palma de Mallorca, Property hunters in Palma de Mallorca, Architects in Palma de Mallorca, How to find a mortgage in Palma de Mallorca all assisting you in your language
- Find your local experts in Palma de Mallorca within our network, it’s free!

Line graph comparing Balearic and Spain real estate price evolution from 1995 to 2025, showing Balearic at 3,672€ and Spain at 2,153€, with transaction trends in the background—insightful for tracking Spanish property prices up to 2026.
Murcia property prices: €1,212 /m², +11% yr/yr
Property transactions for the property market in Murcia: 28,777 +15%
Have a look at our Murcia real estate price chart:
Real estate prices in Murcia are about 40% below the national average. and nearly 40% below their 2007 pre-crisis levels.
Have a look at the property hunting in Murcia realised by our local property hunter:
- Murcia property hunting: 3 case studies
Here are our other resources on Murcia:
- Our article on Murcia: Murcia, a good city to make a property investment
- Check out our infographic on Costa Calida with all the nice activities you can enjoy there.
- Check the monthly weather statistics for Murcia
- Check some of our experts in our local network in Murcia: Real estate Lawyers in Murcia, Property hunters in Murcia, Architects in Murcia, How to find a mortgage in Murcia all assisting you in your language
- Find your local experts in Murcia within our network, it’s free!

Line graph illustrating Murcia property prices at 1,212€, versus Spanish property prices at 2,153€, with yearly and quarterly transaction trends from 1995 to September 2025, highlighting Spain real estate market evolution.
Santa Cruz Tenerife property prices: €2,068/m², +14% yr/yr
Real estate transactions for Santa Cruz de Tenerife: 12,524 +2%
Have a look at our Tenerife real estate price chart:
Real estate prices in Tenerife have rebounded, returning to near the national average. As of early 2025, property prices in Tenerife are 20% higher than they were in 2007. The weather is more stable during the winter months, but your flight is slightly longer.
Have a look at the property hunting in Tenerife realised by our local property hunter:
- Property hunting in Tenerife for a Holiday apartment.
- Tenerife property hunting: a Case study of property for sale in Tenerife
Here are our other resources on Tenerife:
- Our article on Tenerife: Have a look at the property market in Tenerife
- Our article on the Canary Islands: Everything you ever wanted to know about the Canary Islands
- Check the monthly weather statistics for Tenerife
- Check some of our experts in our local network in Santa Cruz Tenerife: Real estate Lawyers in Santa Cruz Tenerife, Property hunters in Santa Cruz Tenerife, Architects in Santa Cruz Tenerife, How to find a mortgage in Santa Cruz Tenerife all assisting you in your language
- Find your local experts in Santa Cruz Tenerife within our network, it’s free!

Line graph showing Tenerife property prices at 2,068€, below Spain’s average of 2,153€; includes trend lines and yearly transaction bars from 1995 to September 2025, highlighting Spain real estate price evolution.
Seville real estate prices: €1,708 /m², +2.1% yr/yr
Transactions for the real estate market in Sevilla are strong: 26,884 +18%
Have a look at our Seville real estate price chart:
Real estate prices in Sevilla are 20% lower than the national average and 5% below their 2007 levels.
- Our article on Sevilla: Discover the charm of the south and invest in Seville
- Check out our infographic on the Costa de la Luz, which includes all the activities available there.
- Check the monthly weather statistics for Seville
- Check some of our experts in our local network in Seville: Real estate Lawyers in Seville, Property hunters in Seville, Architects in Seville, How to find a mortgage in Seville all assisting you in your language
- Find your local experts in Seville within our network, it’s free!

Line graph comparing Spanish property prices in Seville and across the Spain real estate market from 1995 to 2025, showing values of 1,708€ for Seville and 2,153€ for Spain. Bar chart displays transaction volumes.
Valencia property prices: €1,758 /m², +15.8% yr/yr
Real estate transactions for the property market in Valencia: 42,332 +6%
Have a look at our Valencia real estate price chart:
Real estate prices in Valencia are approximately 20% lower than the national average and have returned to their 2007 peak. At the same time, it is the third-largest city in Spain by population. A bargain to check quickly?
- Take a look at the feedback from our real estate city trip to Valencia in April 2018.
- Our article on Valencia: Valencia, the third biggest city in Spain, is a centre of interest for foreigners
- Our article on the Costa de Valencia: Everything you ever wanted to know about the Costa de Valencia
- Check the monthly weather statistics for Valencia
- Check some of our experts in our local network in Valencia: Real estate Lawyers in Valencia, Property hunters in Valencia, Architects in Valencia, How to find a mortgage in Valencia all assisting you in your language
- Find your local experts in Valencia within our network, it’s free!

Line graph comparing Spanish property prices in Valencia and across the Spain real estate market from 1995 to 2025, showing values of 1,758€ for Valencia and 2,153€ for Spain. Bar chart displays transaction volumes.
Valladolid real estate prices: €1,482 /m², +10.2% yr/yr
Property transactions for Valladolid: 8,030 +22%
Have a look at our Valladolid real estate price chart:
Real estate prices in Valladolid are more than 30% below national averages and 15% below 2007 pre-crisis levels.
- Our article on Valladolid: Valladolid is getting more open to outside investors
- Check the monthly weather statistics for Valladolid
- Check some of our experts in our local network in Valladolid: Real estate Lawyers in Valladolid, Property hunters in Valladolid, Architects in Valladolid, How to find a mortgage in Valladolid all assisting you in your language
- Find your local experts in Valladolid within our network, it’s free!

Line graph tracking Spanish property prices and annual sales in Valladolid vs. the Spain real estate market from 1995 to September 2025; Valladolid price is 1,482€, Spain average is 2,153€.
Zaragossa property prices: €1,755 /m², +13.8% yr/yr
Property transactions for Saragossa: 14,040 +15%
Have a look at our Saragossa real estate price chart:
Zaragoza real estate prices are approximately 20% lower than the national average and 20% under their previous peak levels reached in 2007.
- Our article on Zaragoza: Zaragoza Real estate market in 2017
- Check the monthly weather statistics for Zaragoza
- Check some of our experts in our local network in Zaragoza: Real estate Lawyers in Zaragoza, Property hunters in Zaragoza, Architects in Zaragoza, How to find a mortgage in Zaragoza all assisting you in your language
- Find your local experts in Zaragoza within our network, it’s free!

Line graph comparing Saragossa and Spain real estate prices from 1995 to September 2025, highlighting the evolution of the Spain real estate market with Saragossa at 1,755€ and Spain at 2,153€; transaction volumes shown below.
Source: Ministerio de Fomento
Please review the resources we have written about other Spanish Cities.
Bilbao
- Our article on Bilbao: Bilbao, the new awakening of the city
- Check the monthly weather statistics for Bilbao
- Check some of our experts in our local network in Bilbao: Real estate Lawyers in Bilbao, Property hunters in Bilbao, Architects in Bilbao, How to find a mortgage in Bilbao all assisting you in your language
- Find your local experts in Bilbao within our network, it’s free!
Sitges
- Our article on Sitges: Sitges, a commitment to tranquillity near Barcelona
- Our article on the Costa de Barcelona: Everything you ever wanted to know about the Costa de Barcelona
- Check the monthly weather statistics for Sitges (Barcelona)
- Check our Citytrip ePostcards on Barcelona
- Check some of our experts in our local network in Sitges: Real estate Lawyers in Sitges, Property hunters in Sitges, Architects in Sitges, How to find a mortgage in Sitges all assisting you in your language
- Find your local experts in Sitges within our network, it’s free!
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.
Stéphane
Senior analyst and strategist at HTBIS
Stéphane, with over 20 years of experience in real estate, finance and entrepreneurship, is the co-founder of www.howtobuyinspain.com. His extensive network of local partners in Spain, combined with a deep commitment to the real estate sector, strong analytical skills, and a problem-solving mindset, has fueled his success. Constantly eager to learn and passionate about teaching, Stéphane believes in the power of knowledge sharing to master any subject.
Spanish Real Estate Market FAQ
Are Spanish property prices rising in 2025?
Yes, Spanish property prices reached €2,153/m² in September 2025, up 12% year-on-year and 3% quarterly. Transaction volume hit 745,045 properties (13% increase), showing strong market momentum across all price segments nationwide.
Which Spanish regions have the highest property price growth?
Málaga (16.1%), Valencia (15.8%), and Cantabria (15.1%) have the biggest price evolution over the last 12 months to September 2025. Madrid shows 14% growth at €3,733/m², maintaining its position as Spain's most expensive market.
How do current Spanish property prices compare to 2008 peak?
Spanish property prices are back to new all time high and 2% above the 2008 peak of €2,101/m². Several markets exceed 2008 levels: Balearics (+34.4%), Madrid (+19%), Tenerife (+16%), and Málaga (+17%). Valencia exactly matches 2008 prices.
What are the most expensive property markets in Spain?
Madrid leads at €3,733/m², followed by Balearic Islands (€3,672/m²), Gipuzkoa (€3,222/m²), and Barcelona (€2,981/m²). These premium markets show strong international demand and limited supply driving continued price growth.
Where can you find affordable property in Spain?
Most affordable markets include Ciudad Real (€760/m²), Jaén (€863/m²), and Cuenca (€869/m²). These inland regions offer 60-70% savings versus national average while showing positive price trends and growing transaction volumes.
Is now a good time to buy Spanish property?
Yes, Spain shows healthy market fundamentals with 15% transaction growth, strong economic performance, and prices remaining competitive versus European markets. Multiple price tiers offer opportunities from value markets to premium coastal destinations.
Which Spanish property markets offer best investment potential?
Markets like Sevilla (-5% from peak but +18% transaction growth) Girona and Tarragona represent compelling value-momentum combinations.
How active is the Spanish property market in 2025?
Extremely active with 745,000 transactions in 12 months (13% increase). Madrid (87,599), Catalonia (115,668), and Andalusia (146,402) lead transaction volumes. All regions show positive activity
Can foreigners easily buy property in Spain?
Yes, foreigners can freely purchase Spanish property. The process requires NIE number, bank account, and legal representation. Spain's strong economic performance and competitive prices attract international buyers across all market segments.
What's driving Spanish property price growth?
Key drivers include Spain's strongest European economic growth, low supply with high demand, rising rental costs making ownership financed by a mortgage a competitive alternative, and broad-based demand from Spanish families and international buyers across all price tiers.







