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Costa de Valencia: Your Complete Property Guide to Spain’s Cultural Heart

Spain’s Most Accessible Mediterranean Paradise with Urban Excellence

The Costa de Valencia represents one of Spain’s most compelling property opportunities, offering an unbeatable combination of cultural richness, exceptional value for money, and world-class urban amenities. This remarkable Mediterranean region centers around Valencia—Spain’s third-largest city—while extending along pristine coastlines that have maintained their authentic Spanish character despite proximity to major international infrastructure.

Whether you’re seeking a holiday home with direct access to Spain’s cultural capital, planning an investment property in one of Europe’s fastest-growing real estate markets, considering retirement in a region where healthcare excels and living costs remain reasonable, or looking to establish a base for business or remote work with excellent connectivity to European markets, the Costa de Valencia offers distinct advantages tailored to different property goals.

Why Valencia is Perfect for Modern Property Buyers

Valencia has achieved what many European cities struggle to balance: authentic Mediterranean lifestyle combined with modern urban efficiency, all at prices that make quality living accessible. As Spain’s third-largest city and the capital of the Valencian Community, it offers the perfect synthesis of cultural depth, economic opportunity, and lifestyle quality.

Cultural Powerhouse: Home to the iconic City of Arts and Sciences, Valencia has established itself as Spain’s cultural innovation center. The city hosts world-class museums, the famous Las Fallas festival, and maintains one of Europe’s largest historic quarters—spanning 170 hectares of UNESCO-protected architecture.

Transport Excellence: Valencia’s connectivity sets it apart from other Mediterranean destinations. The international airport serves 100+ destinations, high-speed rail connects to Madrid in under 2 hours, and the comprehensive metro system (Spain’s second-largest) ensures excellent urban mobility.

Economic Dynamism: The region’s economy has diversified beyond tourism, with 85% of employment in the service sector, growing technology companies, and Valencia’s position as a major Mediterranean port driving business opportunities.

City of Arts and Sciences of Valencia – Europe’s largest cultural complex

The Valencia Property Market: 2025 Update

The Valencia property market demonstrates the healthy fundamentals that serious investors seek: steady growth, strong demand drivers, and prices that reflect genuine value rather than speculation.

Current Market Performance: Valencia Province shows €1,625/m² as of March 2025, representing exceptional value for a major European metropolitan area with international airport access and high-speed rail connections.

Market Trends 2025: The Valencia market benefits from sustainable growth drivers rather than speculative pressures. Key trends include:

• Corporate Relocation: Companies moving from Barcelona due to political stability concerns
• International Recognition: Growing awareness among European property buyers
• Infrastructure Investment: Continued improvements in transport and cultural facilities
• Student Demand: Three major universities creating consistent rental market
• Remote Work Appeal: Excellent internet infrastructure and quality of life attracting digital nomads

Prime Property Locations and Investment Opportunities

Valencia City (€1,750/m²) offers the highest property values in the region, supported by its unique combination of historic significance, cultural attractions, and modern amenities. The UNESCO-protected historic quarter provides heritage properties with long-term scarcity value, while growing international recognition drives demand.

Malvarrosa Beach Area (€2,000/m²) represents premium beachfront opportunities with established infrastructure supporting luxury market demand. The area’s proximity to the city center and iconic beach setting create predictable peak seasons and attract quality long-term residents.

Gandía (€1,500/m²) offers excellent value for coastal living with authentic character and reasonable pricing creating potential for both rental income and capital appreciation. The town’s beautiful beaches and cultural heritage provide genuine tourist appeal.

Paterna/Bétera Suburbs (€1,400/m²) deliver family-friendly investment opportunities with metro connectivity supporting commuter demand. The university presence and suburban amenities create steady rental markets while prices remain accessible.

Malvarrosa Beach – Valencia’s premier beachfront lifestyle destination

The Reality of Living in Valencia

Climate and Lifestyle

Valencia enjoys over 300 sunny days per year with a climate that supports outdoor living and swimming for six months annually. The Mediterranean setting provides mild winters and warm summers, with sea temperatures allowing comfortable swimming from May through October.

Cost of Living Excellence

Living costs in Valencia remain remarkably affordable for a major European city:

• Monthly Food Budget: €100-150 for quality local shopping
• Dining Out: Excellent local restaurants €10-20 per person
• Utilities: €80-120/month average (including heating considerations)
• Transport: €40/month metro pass provides citywide access
• Healthcare: EU residents enjoy excellent public healthcare; private insurance €60-200/month

Cultural and Social Life

Valencia’s cultural calendar anchors Mediterranean living:

• Las Fallas (March 15-19): UNESCO-recognized festival transforming the city into a cultural celebration
• Valencia Markets: Central Market and Colón Market offer daily authentic Spanish shopping experiences
• Paella Heritage: Experience authentic paella in its birthplace with traditional Sunday family gatherings
• Arts and Sciences: World-class cultural facilities providing year-round entertainment and learning

Authentic Paella Valenciana – experiencing the world’s most famous dish in its birthplace

Practical Considerations

Heating Costs: Winter heating represents the most significant utility expense, potentially €100-300/month depending on property type and heating system. Central heating properties offer the most cost-effective solution, followed by butane, natural gas, and electric systems.

Transport Integration: Valencia’s metro system (Spain’s second-largest) connects suburban areas to the city center in under an hour, making affordable suburban living practical while maintaining urban access.

Investment Outlook and Market Trends

Sustainable Growth Fundamentals: Valencia’s property market benefits from diverse economic drivers rather than tourism dependence alone. The city’s role as Spain’s third-largest urban center, major Mediterranean port, and growing technology hub provides multiple demand sources.

International Investment Trends: External investment continues growing throughout Spain, with Valencia attracting Chinese, British, Russian, Italian, Dutch, and Scandinavian buyers. This international diversification provides market stability and ongoing demand pressure.

Infrastructure Development: Recent and planned infrastructure improvements support long-term value appreciation:

• Expanded international airport connections
• Enhanced high-speed rail network
• Metro system extensions
• Cultural facility investments
• Sustainable urban development projects

Market Outlook 2025-2027: Valencia shows potential for continued moderate growth based on:

• Ongoing international recognition and buyer interest
• Corporate relocations from more expensive Spanish cities
• Growing appeal to remote workers and digital nomads
• Sustained tourism growth supporting rental markets
• Government investment in infrastructure and cultural projects

Costa de Valencia Map Information

Professional Support Network

With our team of over 100+ local real estate partners, HowtobuyinSpain helps international buyers navigate Valencia’s remarkable market with confidence. Our local experts understand both the regional dynamics and the lifestyle aspirations that bring international buyers to this authentic Spanish destination.

1. Best Professionals 2. Follow-up 3. Competitive Pricing 4. Partners 5. Qualitative Check

Further Reading and Resources

1. TOURIST OFFICES:
   • Valencia Tourist Office
   • Valencian Community Tourism
2. AIRPORTS: Spanish Airport Network Information
3. TRAINS: Renfe High-Speed Rail
4. BEACHES: Spain’s Top Beach Destinations
5. GOLF: Top Golf Courses in Spain
6. CULTURAL SITES: UNESCO World Heritage Sites in Spain

The Mediterranean lifestyle you’ve imagined—enhanced by urban sophistication and cultural richness—is waiting for you to discover it on the Costa de Valencia.

Find all our other articles and downloadable maps on the Spanish Costas:

With our team of over 100 local real estate partners, HowtobuyinSpain helps foreigners buy real estate in Spain.

Our local experts from our network are active in all the fields you need to find your Spanish dream property:

1. Property finders
2. B&B
3. Lawyers
4. Tax
5. Architects
6. Money Transfer
7. Mortgage
8. Holiday rental management
9. Ensure your Spanish property
10. Property survey
11. Renovation

Looking for an expert in Spain? Ask us directly!

Costa de Valencia FAQ

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Everything you ever wanted to know about the Costa de Valencia

Valencia, one of the most famous and well-known cities of Spain, is the main city of the Valencian Community, a Mediterranean paradise with stunning views of the coastline, located on the Eastern side of the Iberic peninsula, just a bit south of Catalonia and Tarragona.

This is the third biggest city in Spain in terms of population, and thus, it has some advantages, such as an International Airport, a great transport system, with the second largest Subway system, only after Madrid’s, more than 50 different bus routes, and a railway that connects it with the rest of the country, which will get you to Madrid in less than 2 hours for only 40 euros.

But the culture is the main attraction of this city, it is recognized as the “City of Arts and Sciences” of Spain, between its borders lies the Museo de Bellas Artes de Valencia, and the Valencian Institute of Modern Arts (Instituto Valenciano de las Artes modernas, IVAM).

City of Arts and Sciences of Valencia

It also has a deep history, being founded more than two thousand years ago by the Roman empire, then occupied by the Muslims in the 8^thcentury, and annexed to Spain during the famous “Reconquista”, in 1238.

And as such, it has one of the biggest Historic Quarters, with almost 170 hectares, as well as beautiful monuments such as “El Miguelete“, “La Catedral” (The Cathedral), “Las Torres de Serrano y de Quart y la Lonja de la Seda“, which was declared World Heritage by UNESCO in 1996.

Why not enjoy some holidays in Valencia?

If you want to buy a summer house in Valencia, you are having luck, because it is probably one of the best places you could choose from. Being the cultural and artistic hub that it is, Valencia hosts several festivals and carnivals year-round such as:

• Las Fallas: Starting on March 15 and ending on the nineteenth, this is the most important festival in the area, and one of the most famous ones as well, these 4 days have become non-stop celebration and are deeply rooted in the Valencian culture. Its roots are the celebration of San Joseph day, protector of the carpenters, a very important and respected guild at the time due to the relevancy of the furniture industry to the Valencian economy.
• Las Fiestas de San Vicente Ferrer: These celebrations are a prolongation of the Easter Holidays, known as the “Holy Week”, on this day people go to the original dwelling of San Vicente, which was turned into a chapel, where children represent the most famous actions of the Saint and are also given “El Pouet de San Vicent”, for them to speak promptly, in order not to suffer from anginas, in order not to swear fakes or be blasphemous.

Know everything about the Costa de Valencia: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic.

Downloadable pdf map of the Costa de Valencia

These are but the most remarkable ones, other such as the Procession of the Corpus Christi, the festival of the Virgin of the helpless, and October ninth, which are also very important celebrations, among many others.

Valencia has, as well, several natural parks to be enjoyed, such as the Albufera reserve, a gorgeous marine gulf, or the Gardens of Turia, filled with sport related activities such as biking, football, Rugby and baseball.

If you want to take your children there as well, we got your back, as Valencia is full of activities for the diversion of the youngest among us, such as the Science Museum of Prince Felipe, The Arts and Science Centre and the previously mentioned IVAM, which all run special workshops and activities that cater to children.

And of course, there is always the beach, such as La Malvarrosa beach, El Saler Beach, Port Saplaya Beach, and many others that you will certainly enjoy, even more taking into account the sunny weather of the area, with not much rain and temperatures that allow bathing for six months a year. Find out all the monthly weather statistics for the city of Valencia, including sea temperature, in our infographic.

Also, if you were to grow tired of the city of Valencia, there are several small towns in the area with a very high touristic appeal, such as Gandía, Sagunto, Cullera, Miramar, Oliva, and many more, which are a delightful place to spend a Sunday with the family, or to have a “disconnection retire”, and finally be able to relax, away from the big crowded cities.

A street from the old city centre of Valencia

Could Valencia be your ideal place to retire?

If you want to have a permanent residence in this area, you are on the right track, especially if you are looking for a quiet place were to live the rest of your life without worrying much about anything.

As in all Spanish towns, food tends to be somewhat cheap, with 150 euros you will be perfectly fine, and it could be reduced to 100 if you are on a tight budget. Real estate in Valencia city is more expensive and that is why we recommend buying or renting in the suburbs surrounding areas if you have a tight budget.

This way, you will enjoy life at a slower pace, away from all the stress that big cities can cause, and also save an important amount in your housing. Nonetheless, thanks to the well-built transport system, you can get to the Downtown of the city in less than an hour from most places.

Beach front line of Valencia.

One of the most relevant expenses you have to consider, though, are the services, normally people from other parts of the world do not realize, but electric power and heating can be very expensive.

Although electric power can be saved through many methods that we won’t get into, heating can turn out to be a turn-off for a lot of people, since you may have to pay up to 300 euros a month or more to keep yourself warm in the winter.

Nevertheless, this is heavily depending on the type of heating your property is using, since there are buildings with central heating that cost only a fraction of that, and there is a wide range in between, the most recommended types are, of course, central heating, then comes Butane, you will have to deal with the cylinders, natural gas, and at last electric, which can be the most expensive.

Most of the time, though, you won’t be able to choose, since the kind of heating is already installed and you probably can not install a new one without pouring thousands of dollars, but it is an important factor to take care of while looking for a property to buy.

Valencia is the city where the Paella was born. The traditional dining food for the fishermen.

Valencia, like every big city, is full of interesting activities to do while you rest from taking walks on the beaches and taking naps on Hammocks, and there are specialized groups online of senior citizens looking to have fun and make friends, as well as the activities run by the town hall for retirees, that will make of your leisure time a lot of fun.

What about the real estate market in Valencia?

The city of Valencia has been a centre of interest for investors lately, it has not needed any help to become one of the largest cities in the country, and a recent move of companies that used to be based in Barcelona (due to de nationalist’s desire to break apart) has the real estate industry grow immensely.

Nonetheless, it does not have the peaks of interest and skyrocketing prices of other big cities, such as Madrid, this city enjoys healthy growth over the last decades, that seems to be growing even faster nowadays.

With a price-per-square-meter that can get as low as 700 euros on the cheap side, and up to 2300 euros on the most desirable locations, it is much more affordable than other cities, like Madrid, that has a price of up to 5.000 euros per square meter, and as such, there is a lot of room for growth and development as people from other parts of Spain come looking for a good job market with affordable housing.

The economy in this city is very dependent on tourism and service-related work, as almost 85% of the population works in the service industry.

Plaza of the City Hall of Valencia

External investing is rising all over Spain, as investors from all around the world buy properties in different cities, the main investors tend to be Chinese, English, Russian, Italian, Netherlandish and Scandinavian, among many others.

Since 2013, after the sudden drop in property prices due to the crisis, the Valencian Market hasn`t stopped rising, with an overall growth rate of almost 5%, and a growth on transactions of 10% (per year).

The real estate market is becoming very fast-paced in Valencia lately, as owners have realized the increase in the value of their property and buyers want to buy while properties are relatively inexpensive, this is what is causing an increase in transactions in the market of almost 20% lately.

Check the real estate price evolution for Valencia and Spain since 1995

Read our paper we wrote last year on Valencia if you want to discover more about the city: Valencia, the third biggest city in Spain, is a centre of interest for foreigners.

We organised as well our first real estate city trip to Valencia with our local property hunter and architect, Bernard, in April 2018.

Read more: Real estate prices in Valencia available in our Spanish property report updated quarterly.

In conclusion

Valencia is a beautiful place, with the most breathtaking and awe-inspiring natural landscapes, an interesting and deep culture, rooted in a rich history, and that is what makes Valencia as a city, and as a territory of Spain, a great place to live in, be it seasonally, or as a retiree.

Furthermore, the real estate market has had healthy growth over the last years, and it does not seem to be changing any time soon, something that is especially appealing to investors that are not looking to make a quick buck but want a long-lasting and safe investment.

Overall, Valencia is one of the most recommendable places to buy a property in Spain, it has all of the benefits of being a big city, such as a good transport system, international airport, and access to a variety of activities, without the overwhelmingly steep prices of cities like Madrid or Barcelona.

1. Best Professionals 2. Follow up 3. Competitive pricing 4. Partners 5. Qualitative Check

Costa de Valencia Map information

• Airports: Valencia
• Ave stations: Valencia
• Cities: Valencia (790,200 inhabitants), Miramar (138,400 inhabitants), Gandía (74,800 inhabitants), Sagunto (64,400 inhabitants), Burjassot (37,300 inhabitants), Oliva (26,200 inhabitants), Cullera (22,100 inhabitants)
• Unesco sites: La Lonja de la Seda de Valencia (1996)– Find all the UNESCO Sites in Spain on our page: “10 reasons why you should buy in Spain”
• Top beaches: Playa de Malvarrosa, Playa de Pinedo, Platja de la Malladeta, Playa de San Antonio, Playa de Jeresa, Playa de Daimus, Playa de Oliva.
• Kids Parks: Ciutat de les Arts i les Ciències (Valencia)
• Shopping Malls & Outlets: Centro Comercial Aqua, Centro Comercial Nuevo Centro, Centro Comercial Boulevard Austria (Valencia), Bonaire (Aldaya), Centro Comercial MN4 (Alfafar), El Corte Ingles (Valencia)
• Traditional & Flea markets: Colon Market, Valencia, Central Market, Valencia
• Top golf courses: Escorpion, Kikuninus, Cofrentes, La Galiana, Gandia, Ontinyent Play with the best golf clubs sets in Spain thanks to our local partner.
• Natural Parks: Parc Natural de la Marjal de Oliva-Pego, Parc Natural de la Serra Calderona El Garatge, Parc Natural del Montgó, Parc Natural de la Serra de Mariola, Serra d’Espadà Natural Park, Sierra Helada Natural Park, Chera-Sot de Chera Natural Park, Parc Natural de la Serra d’Irta, Centro de interpretación Parque Natural del Penyal d’Ifac
• University: Universidad CEU – Cardenal Herrera, Universidad de Valencia, Universidad Politécnica de Valencia (Valencia)
• Hospitals: Hospital Clínico Universitario de Valencia, Hospital de Vilanova, Hospital Universitario Doctor Peset, Hospital Universitario I Politècnic la Fe

Read further on the Costa de Valencia and Spain

1. TOURIST OFFICE:
   • Valencia Tourist Office
   • Valencian Tourist Office
2. AIRPORTS: All the Spanish Airports and flights info on the official site of AENA
3. TRAINS: Renfe website
4. BEACHES: Where will you find the top beaches in Spain?
5. GOLFS: Reread our Summer paper on the subject What are the top golf courses in Spain? Play with the best golf clubs sets in Spain thanks to our local partner.
6. KIDS PARKS: Our selection of the Top parks for children in Spain
7. MUST VISIT IN SPAIN: Our top 5 UNESCO World Heritage Sites in Spain, Find all the Unesco sites in Spain

Find all our other articles and maps on the Spanish Costas:

With our team of more than +100 local real estate partners, HowtobuyinSpain helps foreigners to buy real estate in Spain.

The experts from our network are active in all the fields you need:

1. Property finders
2. B&B
3. Lawyers
4. Tax
5. Architects
6. Money Transfer
7. Mortgage
8. Holiday rental management
9. Insure your Spanish property
10. Property survey
11. Renovation

Looking for an expert: Architect, property hunter, lawyer,… in Spain? Ask us directly!

Stéphane and Walter

Senior Analyst and writer at HTBIS

Check the full team at HTBIS here

The post Costa de Valencia: Your Complete Holiday and Property Guide appeared first on How to buy in Spain.

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

Costa Azahar: Your Holiday and Property Guide to Spain’s Hidden Coast

Spain’s Hidden Mediterranean Gem at 40% discount

The Costa Azahar, meaning “Orange Blossom Coast,” represents one of Spain’s most authentic and accessible Mediterranean property opportunities. This remarkable 120-kilometre stretch of coastline in Castellón province offers international property buyers an unbeatable combination of genuine Spanish culture, excellent value for money, and proximity to Valencia’s urban amenities—all while maintaining the charm that has largely disappeared from more developed coastal regions.

Article Overview: Get the essential information in 30 seconds, then dive deeper into any section that interests you.

Whether you’re seeking a holiday home that offers authentic Spanish living without the tourist crowds, considering an investment property in an emerging market with strong fundamentals, planning retirement in a region where your money goes further while maintaining excellent healthcare access, or looking to establish a remote work base with fiber internet and lower living costs, the Costa Azahar provides compelling advantages tailored to different property goals.

The numbers tell an encouraging story: property prices remain 30% below the Spanish national average, offering exceptional value compared to other Mediterranean destinations. The region attracts over 2.5 million visitors annually, creating solid rental demand, while the proximity to Valencia—Spain’s third-largest city—ensures excellent infrastructure and connectivity. For buyers seeking authentic Mediterranean living with modern conveniences at accessible prices, the Costa Azahar offers what many destinations promise but few deliver.

These pearls of the Spanish Mediterranean continue to be the preferred destination for discerning property buyers who understand that owning here isn’t just about value—it’s about securing access to one of Europe’s most authentic coastal lifestyles at prices that make dreams achievable.

Why the Costa Azahar is Spain’s Best-Kept Secret

The Costa Azahar has managed to achieve what many Mediterranean destinations have lost: the perfect balance between accessibility and authenticity. Named after the orange blossoms that perfume the coastal plains, this region offers visitors and residents alike a genuine taste of Mediterranean Spain without the crowds and premium pricing found elsewhere.

Peñíscola stands as the crown jewel of the Costa Azahar, where a medieval fortress town perches dramatically on a rocky promontory jutting into the Mediterranean. This UNESCO-protected historic centre, with its narrow cobblestone streets and ancient walls, offers some of the region’s most characterful properties. The surrounding beaches and modern developments provide a range of options, from historic townhouses within the castle walls to contemporary apartments with stunning sea views.

For those seeking family-friendly coastal living, Benicàssim has evolved into the region’s most sophisticated resort town. Famous for its summer music festivals and elegant Belle Époque villas, Benicàssim offers excellent beaches, established infrastructure, and a vibrant cultural calendar. Properties here range from restored early 20th-century villas to modern developments, appealing to buyers who appreciate both heritage and contemporary amenities.

Vinaròs represents the authentic charm of Costa Azahar’s fishing villages, where working boats still land their daily catch at the harbour and traditional Spanish life continues essentially unchanged. The town’s excellent restaurants, serving some of Spain’s finest seafood, attract discerning visitors while maintaining affordable property prices. For buyers seeking genuine Spanish coastal culture, Vinaròs offers unmatched authenticity.

The region’s excellent connectivity ensures that residents enjoy both coastal tranquillity and urban convenience. Valencia, with its international airport, high-speed rail connections, and world-class cultural attractions, remains easily accessible. The AP-7 motorway provides direct links to Barcelona and the French border.

Of course, the weather is outstanding. Check the monthly weather statistics for Castellón before booking your holidays.

Castle of Peñíscola

Let’s start with gastronomy 🙂

Gastronomy forms the soul of Costa Azahar culture, where Valencian culinary traditions meet the abundance of both sea and fertile coastal plains. The region treasures exceptional products, including world-renowned oranges that give the coast its name, fresh seafood landed daily at traditional fishing ports, premium olive oils from centuries-old groves, and vegetables grown in the rich alluvial soils of the coastal plain.

The Costa Azahar’s proximity to Valencia means access to authentic paella in its birthplace. At the same time, local specialities include arroz a banda (rice with seafood), caldero (fisherman’s rice), and the region’s famous langostinos (prawns) from Vinaròs. Local markets overflow with products that represent the best of Mediterranean agriculture and fishing, creating a culinary experience that remains both authentic and accessible.

Wine enthusiasts will discover that the region is situated within easy reach of several Denominación de Origen zones, offering opportunities to explore Spanish viticulture at its source. Furthermore, it is possible —and at the same time, very advisable —to take any of these foods unique to this region as a souvenir.

Prime Property Locations and Investment Opportunities

The Costa Azahar’s 120 kilometres of coastline offer diverse property opportunities, each with distinct characteristics that appeal to different buyer profiles. Understanding these differences is crucial for making informed decisions that align with both lifestyle goals and investment objectives.

The region’s property market benefits from several structural advantages: proximity to Valencia ensures excellent infrastructure and services, while lower development pressure has helped preserve its authentic character. Property prices remain accessible compared to other Spanish coastal regions, creating opportunities for both lifestyle purchasers and investors seeking value.

Understanding what makes each area special is crucial when choosing where to invest your money and your future. The Costa Azahar offers far more than beautiful beaches—each location has developed its character and provides different opportunities for property buyers.

Peñíscola: Medieval Majesty Meets Modern Comfort

Peñíscola’s historic quarter represents one of Spain’s most dramatically situated medieval towns, where properties within the ancient walls offer a unique combination of historical significance and Mediterranean lifestyle. The UNESCO protection ensures that this character will be preserved while limiting supply and supporting long-term values.

The surrounding modern developments provide contemporary living with easy access to both the historic town and excellent beaches. Properties here appeal to buyers seeking modern amenities with proximity to one of Spain’s most photographed landmark sites.

Investment perspective: Peñíscola’s combination of historical significance, dramatic coastal setting, and growing international recognition creates strong fundamentals for both rental income and capital appreciation. The limited development potential within the historic quarter supports property values while modern developments offer more accessible entry points.

Benicàssim: Culture and Sophistication

Benicàssim’s villa district showcases some of the Costa Azahar’s most elegant properties, where early 20th-century architecture meets modern renovation. These historic villas often feature substantial gardens and distinctive architectural details that lend them a unique character.

The modern beachfront area features contemporary apartments and developments with direct beach access, along with a range of modern amenities. The town’s cultural calendar, including internationally recognised music festivals, creates year-round activity and rental demand.

Family appeal: Benicàssim’s excellent beaches, cultural offerings, and established expatriate community make it particularly attractive to families seeking a sophisticated Spanish coastal lifestyle.

Vinaròs: Authentic Coastal Living

Vinaròs port area provides opportunities to own property in a working fishing town where traditional Spanish coastal life continues largely unchanged. Properties here offer authentic character at affordable prices, appealing to buyers seeking genuine, rather than tourist-oriented, Spanish culture.

The residential areas feature a mix of traditional Spanish townhouses and modern developments, offering options for various budgets and preferences while preserving the town’s authentic character.

Value proposition: Vinaròs offers some of the Costa Azahar’s best value properties while providing access to excellent seafood restaurants, traditional markets, and genuine Spanish coastal culture.

Castellón de la Plana: Urban Convenience

Castellón capital offers urban property opportunities with easy access to both the coast and the interior. As the provincial capital, it provides excellent services, cultural facilities, and transportation links, while maintaining more affordable pricing compared to larger Spanish cities.

The city’s university presence generates rental demand, while its proximity to both beaches and Valencia makes it an attractive destination for professionals seeking a work-life balance. Properties range from historic city centre buildings to modern suburban developments.

The Costa Azahar can be reached easily by car from Valencia (45 minutes to 1.5 hours depending on destination). Valencia Airport offers routes to major European cities, while excellent road and rail networks connect every coastal town. The proximity to both Valencia and the French border makes the region uniquely accessible.

Choosing Your Location: Matching Properties to Your Lifestyle Goals

Each area along the Costa Azahar has developed its character and appeals to different buyer profiles. Understanding these differences helps ensure your property choice aligns with both immediate needs and long-term objectives.

For Holiday Home Buyers

Benicàssim offers the most sophisticated holiday home experience on the Costa Azahar, with excellent beaches, cultural activities, and established infrastructure that ensure year-round accessibility and services. The town’s music festivals and cultural calendar create vibrant summer seasons while maintaining tranquillity during quieter months.

Peñíscola appeals to buyers seeking a unique holiday experience where medieval history meets Mediterranean relaxation. The dramatic coastal setting and historic significance create a distinctive atmosphere that sets it apart from typical beach destinations.

For Investment Property Buyers

Peñíscola offers the strongest rental yields on the Costa Azahar, with its unique historic setting and dramatic coastal location commanding premium rental rates during peak season. The combination of historical significance and natural beauty creates lasting appeal that supports both occupancy rates and rental pricing.

Benicàssim offers more balanced investment opportunities, featuring steady yields and the potential for capital appreciation as the town’s cultural reputation continues to grow. The established festival calendar creates predictable peak demand periods, while the sophisticated atmosphere attracts high-quality tenants.

Vinaròs represents excellent value for patient investors, with authentic character and lower entry costs creating opportunities for both rental income and long-term appreciation as buyers discover the region’s authentic appeal.

For Retirement Living

Benicàssim offers retirees the most comprehensive amenities while maintaining authentic Spanish character. The town’s cultural activities, excellent healthcare access via Valencia, and established international community create an ideal environment for active retirement.

Vinaròs appeals to retirees seeking authentic Spanish coastal living with lower costs and genuine integration into local community life. The excellent local restaurants, traditional markets, and fishing port atmosphere provide rich cultural experiences at accessible prices.

HEALTHCARE ESSENTIALS FOR PROPERTY BUYERS

Local Healthcare:
✅ Health centres in all major towns
✅ Hospital in Castellón: (30 minutes maximum)
✅ Valencia specialists: (45-90 minutes)

Budget Planning:
EU Residents: €0 (excellent public healthcare)
Non-EU Private: €60-200/month
Valencia specialists: Easy access via excellent transport

Key Hospitals:
Castellón: Hospital Provincial de Castelló
Valencia: Multiple world-class facilities (45-90 minutes)

For Digital Nomads and Remote Workers

Castellón city offers the best infrastructure for remote work, with excellent fibre internet, co-working spaces, and urban amenities, while maintaining lower costs than Valencia. The university presence creates a dynamic environment, and coastal access provides a work-life balance.

Benicàssim appeals to remote workers seeking inspiration in a cultured coastal setting, with reliable internet infrastructure and cafes suitable for mobile working. The cultural calendar provides networking opportunities, while the beaches offer perfect work breaks.

Costa Azahar map

Our Costa Azahar map is available for easy download. Don’t hesitate.

Know everything on the Costa Azahar: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The UNESCO sites, parks for kids, green parks, golf courses, universities, and, last but not least, the top beaches. Check our infographic.

Download our map of the Costa Azahar

The Reality of Living on the Costa Azahar

Beyond the obvious attractions of excellent value and authentic Spanish culture, international residents discover that the Costa Azahar offers a quality of life that often exceeds expectations, supported by infrastructure and services that make permanent or extended living both comfortable and practical.

Exceptional Value for Money

The Costa Azahar’s most significant advantage lies in its ability to provide authentic Mediterranean living at accessible prices. Property costs remain approximately 30% below the Spanish national average, while day-to-day living expenses offer even greater savings compared to northern European destinations.

A comfortable lifestyle that might require substantial wealth in other European coastal destinations becomes accessible to middle-class professionals on the Costa Azahar. This value proposition creates opportunities for life changes that seemed impossible in more expensive regions while maintaining proximity to major urban centres through Valencia.

Healthcare Excellence at Accessible Costs

The region benefits from Spain’s excellent public healthcare system, with local health centres in all major towns and the provincial hospital in Castellón providing comprehensive services. For more specialised care, Valencia’s world-class hospitals remain easily accessible.

International residents consistently report that healthcare quality in their host countries matches or exceeds that of their home countries, while costs remain dramatically lower. The combination of excellent public services and affordable private options creates healthcare security that supports both active lifestyles and ageing in place.

Authentic Spanish Integration

Unlike tourist-focused coastal areas, the Costa Azahar maintains its genuine Spanish character, where international residents can integrate into authentic local life. Traditional markets, festivals, and community activities provide opportunities for cultural immersion, while the slower pace of life supports genuine relationship-building.

The region’s working fishing ports, active agricultural sector, and genuine local economy create opportunities for meaningful integration that goes beyond expatriate communities. For residents seeking authentic Spanish experiences, the Costa Azahar provides unmatched opportunities.

Valencia Connectivity

Perhaps the Costa Azahar’s most significant strategic advantage is its proximity to Valencia, Spain’s third-largest city. This connection offers access to international airports, high-speed rail, world-class cultural facilities, and major urban amenities, while preserving the benefits of coastal living.

Regular bus and train connections make Valencia easily accessible for both daily commuting and occasional urban experiences. This connectivity ensures that Costa Azahar residents never feel isolated while enjoying the benefits of authentic coastal living.

Cultural Richness and Festivals

The Costa Azahar’s cultural calendar reflects its authentic Spanish character, with traditional festivals celebrating everything from orange blossoms to maritime heritage. These events offer opportunities for cultural integration, fostering a vibrant community life throughout the year.

For example, in Castellón de la Plana, the Magdalena Festival is celebrated in March, featuring historical parades and traditional celebrations. In Benicàssim, the internationally famous FIB (Festival Internacional de Benicàssim) attracts world-class musical acts each summer.

In Vinaròs, the maritime festivals celebrate the town’s fishing heritage with traditional boat blessings and seafood festivals. Throughout the region, the orange blossom season in spring creates spectacular natural displays and local celebrations.

In Peñíscola, medieval festivals bring the castle’s history to life with period costumes and historical reenactments.

Peñíscola City – view from the sea

The Costa Azahar Property Market

Exceptional Value in a Stable Market

The Costa Azahar property market represents one of Spain’s most compelling value propositions, offering Mediterranean coastal living at prices that remain approximately 30% below the national average. This pricing advantage, combined with the region’s improving infrastructure and growing recognition, creates opportunities for both lifestyle purchasers and strategic investors.

Recent market data indicate that the Costa Azahar is experiencing measured growth while maintaining its value advantage over other Spanish coastal regions. The stability and controlled appreciation create opportunities for buyers to enter the market, allowing them to benefit from the emerging recognition of the region’s potential.

Outstanding Value Proposition

The numbers tell a compelling story of accessible opportunity. Current property prices averaging €1,250 per square meter for the province represent exceptional value compared to the Spanish national average of €2,033 per square meter as of March 2025—a significant 30% discount that makes Mediterranean coastal living accessible to a broader range of international buyers.

Market Fundamentals Supporting Growth

Several structural factors support the Costa Azahar’s long-term property market potential. The region’s proximity to Valencia provides infrastructure investment and economic stability while maintaining a distinct coastal character. Growing recognition of the area’s value proposition attracts increasing numbers of discerning buyers seeking alternatives to overcrowded destinations.

The controlled development pressure preserves the region’s authentic character while creating a natural scarcity for well-positioned properties. Unlike rapidly developing coastal areas, the Costa Azahar’s measured growth maintains its environmental and cultural values, supporting sustainable appreciation.

Investment Opportunities by Location

Peñíscola (€1,950/m²) boasts the highest property values on the Costa Azahar, thanks to its unique historic setting and dramatic coastal location, which support premium pricing. The UNESCO protection and limited development potential create long-term scarcity value, while growing international recognition drives demand.

Benicàssim (€2,400/m²) offers premium investment opportunities with established infrastructure that supports luxury market demand. The town’s cultural reputation and summer festivals create predictable peak seasons, while its sophisticated atmosphere attracts quality long-term residents.

Vinaròs (€1,550/m²) represents solid value opportunities for strategic investors, with authentic character and reasonable pricing creating potential for both rental income and capital appreciation as buyers discover the region’s genuine appeal.

Castellón (€1,400/m²) offers urban investment opportunities, with proximity to both the coast and Valencia, creating appeal for both lifestyle and professional residents. The university’s presence provides additional demand, while transport links support commuter appeal.

Chart: Real Estate Price Evolution for Castellón Since 1995

Real Estate prices in Castellón have shown remarkable recovery, with current levels at €1,400/m² as of June 2025, representing an 11.2% increase from the previous year. The province maintains an average of € 1,250 per square meter as of March 2025, continuing to represent exceptional value for Mediterranean coastal living. Market activity is showing a steady recovery, with emerging recognition among international buyers.

Market Outlook: Sustainable Growth Potential

The Costa Azahar’s property market benefits from sustainable growth fundamentals rather than speculative pressures. Valencia’s continued development as a major Spanish economic centre supports regional infrastructure, while the coast’s authentic character preserves long-term appeal.

Growing recognition among international buyers seeking value and authenticity creates steady demand pressure while controlled development maintains the environmental and cultural qualities that attract these buyers. The recent 11.2% annual growth suggests the market is gaining momentum while still maintaining its value advantage over other Spanish coastal regions.

Recent quarterly data shows consistent positive momentum across most Costa Azahar municipalities, with towns like Cabanes (+7.1% quarterly), Almazora (+8.2% quarterly), and Peñíscola (+3.7% quarterly) demonstrating broad-based appreciation while maintaining accessibility compared to more established coastal markets.

Please review our detailed quarterly reports on the Castellón property market and the Costa Azahar property market.

For more on that, read our article we wrote: The Castellón real estate market resurrects but remains very attractive and check out the feedback from our real estate citytrip in Valencia we organised.

Getting Started: Your Path to Costa Azahar Property Ownership

The opportunity to own property on the Costa Azahar represents more than a real estate transaction—it’s access to authentic Mediterranean living at exceptional value, combining Spanish coastal culture with modern conveniences, investment potential with lifestyle fulfilment.

The market data, value proposition, and lifestyle benefits point to a compelling conclusion: the Costa Azahar offers what many other Mediterranean destinations have lost—genuine authenticity at accessible prices. Whether your goal is creating family memories in an affordable Spanish holiday home, building wealth through strategic investment in an emerging market, enjoying ca omfortable retirement with excellent healthcare access, or establishing a productive remote work base, the region provides proven opportunities at exceptional value.

The key to success lies in understanding that the Costa Azahar offers something increasingly rare in Mediterranean Europe: authentic coastal living at accessible prices with excellent connectivity to major urban centres. From Peñíscola’s historic drama to Vinaròs’s charming fishing village, from Benicàssim’s cultural sophistication to Castellón’s urban convenience, the Costa Azahar offers exceptional opportunities for every serious property buyer.

With our team of over 100 local real estate partners, HowtobuyinSpain helps international buyers navigate this remarkable market with confidence. Our local experts understand both the regional dynamics and the lifestyle aspirations that bring international buyers to this authentic Spanish coast.

The Mediterranean lifestyle you’ve imagined—at prices that make it possible—is waiting for you to discover it on Spain’s Orange Blossom Coast.

For expert guidance on finding your perfect property on the Costa Azahar, connect with our network of vetted local professionals who understand both the exceptional value this region offers and the lifestyle dreams that bring international buyers to this authentic Spanish destination. Our local property hunters in the Costa Azahar are ready to assist you with your property search. They will make it happen for you!

Check the Castellón property Market and the Costa Azahar property market in our quarterly report dedicated to the analysis of the Spanish real estate market.

Discover the best new build projects in the Costa Azahar available right now.

Read our earlier article on Valencia if you want to learn more: Costa de Valencia, a paradise in the Mediterranean

Are you looking for a local partner, such as a lawyer or property hunter, on the Costa Azahar? Don’t look further, check our team and ask us for the correct contact.

1. Best Professionals 2. Follow-up 3. Competitive pricing 4. Partners 5. Qualitative Check

Costa Azahar map – details

Here are all the main items you’ll find in our Costa Azahar infographic.

• Airport: The closest airport is in Valencia
• Ave stations: The closest AVE station is in Valencia
• Cities: Castellón de la Plana (171,000 inhabitants), Vila-real (51,900 inhabitants), Vinarós (28,300 inhabitants), Benicarló (26,500 inhabitants), Benicàssim (18,100 inhabitants), Peñíscola (7,400 inhabitants), and Alcocébre
• UNESCO sites: Rock Art of the Mediterranean Basin on the Iberian Peninsula (1998). Find all the UNESCO Sites in Spain on our page: “10 reasons why you should buy in Spain”
• Top beaches: Playa Almadrava (Benicàssim), Playa Benicarló (Benicarló), Balneario Villavieja (Castellón), Playa Marina D’Or (Castellón), Playa Romana(Castellón), Playa Moro (Alcocébre), Playa Sant Antoni (Cullera), Playa Gandía (Gandía), Playa Serradal(Alcocébre), Playa Xeraco (Xeraco), Playa Peñíscola (Peñíscola), Playa Alcossebre (Alcocébre), Playa Benicàssim (Benicàssim), Playa Vinaròs (Vinaròs)
• Kids Parks: Aquarama (Benicàssim), Mundo Fantasía (Oropesa del Mar)
• Shopping Malls & Outlets: La Salera (Castellón de la Plana), Puerto Azahar (Castellón de la Plana)
• Traditional & Flea markets: Mercado Central, (Castellón)
• Top golf courses: Club de Golf Mediterráneo, Club de Golf Castellón, Costa Azahar Golf Club Play with the best golf clubs sets in Spain thanks to our local partner.
• Natural Parks: Serra d’Espadà Natural Park, Parc Natural de la Serra d’Irta, Parc Natural de la Serra Calderona, Parc Natural Els Ports, Puebla de San Miguel Natural Park
• University: Universitat Jaume I (Castellón de la Plana)
• Hospitals: Hospital Provincial de Castelló, Hospital Vithas Nisa Rey Don Jaime, Hospital General Universitari de Castelló (Castellón de la Plana)

Read further on the Costa Azahar and Spain

1. TOURIST OFFICE:
   • Castellón
2. AIRPORTS: All the Spanish Airports and flights info on the official site of AENA
3. TRAINS: Renfe website
4. BEACHES: Where will you find the top beaches in Spain?
5. GOLFS: Reread our Summer paper on the subject What are the top golf courses in Spain? Play with the best golf clubs sets in Spain thanks to our local partner. Check the Spanish Federation here: Looking for a Golf Club in Spain?
6. KIDS PARKS: Our selection of the Top parks for children in Spain
7. MUST VISIT IN SPAIN: Our top 5 UNESCO World Heritage Sites in Spain, Find all the Unesco sites in Spain

Find all our other articles and downloadable maps on the Spanish Costas:

With our team of over 100 local real estate partners, HowtobuyinSpain helps foreigners buy real estate in Spain.

Our local experts from our network are active in all the fields you need to find your Spanish dream property:

1. Property finders
2. B&B
3. Lawyers
4. Tax
5. Architects
6. Money Transfer
7. Mortgage
8. Holiday rental management
9. Ensure your Spanish property
10. Property survey
11. Renovation

Looking for an expert in Spain? Ask us directly!

Check the whole HTBIS team here.

Costa del Azahar Property FAQ

The post Costa Azahar: Holiday and Property Guide to Spain’s Hidden 40% Discount Coast appeared first on How to buy in Spain.

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

Everything you ever wanted to know about the Costa Daurada

Spain’s Golden Coast of Opportunity

The Costa Daurada represents one of Spain’s most compelling property opportunities, offering an exceptional combination of golden beaches, rich Roman heritage, and strategic accessibility from both Barcelona and France. For international property buyers, this “Golden Coast” delivers what many other destinations promise but fail to provide: authentic Catalan culture combined with modern conveniences, robust rental markets, and proximity to major European business centres.

Whether you’re seeking a holiday home within easy reach of Barcelona’s international connections, planning an investment property in one of Catalonia’s most historically significant regions, or considering retirement in a place where healthcare excels. Living costs remain reasonable, and with excellent infrastructure and cultural richness, the Costa Daurada offers distinct advantages tailored to different property goals for establishing a base for remote work.

The numbers tell a compelling story: with over 6 million tourists visiting annually, properties here benefit from strong rental demand throughout the year. The region’s unique position—just one hour south of Barcelona yet maintaining authentic Spanish character—creates exceptional value propositions. International buyers account for over 30% of property purchases, with nationals from France, Germany, the United Kingdom, and the Netherlands leading the way.

This stretch of Mediterranean coastline remains the preferred destination for discerning property buyers who understand that owning here’s not just about location—it’s about securing access to one of Europe’s most historically rich yet affordable coastal lifestyles.

A very wealthy region thanks to its different civilisations

Why the Costa Daurada is a Paradise on Earth

The Costa Daurada, meaning “Golden Coast” in Catalan, earned its name from the distinctive golden sand that stretches along its 160-kilometre coastline. Unlike many overdeveloped Mediterranean destinations, the Costa Daurada has preserved an authentic balance between modern tourism infrastructure and genuine Spanish heritage.

Its climate, its light and its geographical situation have made Costa Daurada a welcoming land for many civilisations since prehistoric times.

One of the most critical historical moments occurred in Roman times, when Julius Caesar resided in the town of Tarraco (now Tarragona) for a few years while recovering from an illness. Since then, the Roman city of Tarraco became the capital of “Hispania Citerior” (north of the Roman Iberian Peninsula). In addition, the town is passed by the “Via Augusta”, the Roman road linking Rome with Cadiz. With the fall of Rome, the city and the area consequently lost importance.

Another historical moment to consider was the nineteenth century, when modernism emerged in more than 80 buildings in the city of Reus.

The remains of the Roman civilisation in Tarragona are a world heritage site of UNESCO

One of the most compelling destinations for those seeking both beach and culture is Tarragona, the regional capital and a UNESCO World Heritage site. This ancient Roman city offers some of the Mediterranean’s most significant archaeological treasures at €1,650 per square meter—exceptional value for a city with such historical importance and modern amenities.

For lovers of family entertainment and authentic Mediterranean living, Salou offers the perfect blend of resort amenities and Spanish charm. Home to PortAventura World, one of Europe’s premier theme park destinations, Salou offers properties that benefit from year-round international tourism while maintaining reasonable prices around €2,200 per square meter.

Cambrils provides a more sophisticated coastal experience, renowned for its exceptional gastronomy and marina lifestyle. This charming fishing port has evolved into an elegant resort, offering properties ranging from modern seafront apartments to traditional townhouses, all of which benefit from the town’s reputation as a culinary destination.

For those seeking tranquillity without sacrificing accessibility, Calafell and Cunit offer some of the Costa Daurada’s best value propositions. These traditional coastal towns provide authentic Spanish living with excellent transport links to Barcelona, making them ideal for both permanent residence and holiday home ownership.

The weather is naturally outstanding, with over 300 sunny days per year and mild winters that support both year-round living and a thriving tourism industry.

Unesco Heritage

In 1991, the monastery of Santa Maria de Poblet, located in Vimbodi-Poblet (in the middle of the Prades Mountains), became the first monument to receive the designation as a UNESCO World Heritage Site. This monastery is one of the most significant in Europe and the largest monastic settlement on the continent. In addition, since the Middle Ages, it has been a vital symbolic reference for the countries that once formed the Crown of Aragon.

Montblanc cave paintings and the ancient town of Tarragona, the old “Tarraco”, are also designated as World Heritage sites (1998 and 2000, respectively).

Apart from buildings and monuments, the human pyramids are one of the most significant cultural events in the Catalonian town of Castells. They also received the designation of Intangible Cultural Heritage of Humanity by UNESCO in 2010. The first “colla” or group of “Castellers” was formed more than two centuries ago in Valls.

Let’s Start with Gastronomy

Gastronomy forms the foundation of Costa Daurada culture, where ancient Roman traditions meet modern Catalan excellence. The region treasures exceptional products, including world-renowned Tarragona wines, outstanding olive oils from the inland mountains, fresh seafood from traditional fishing ports, and the famous romesco sauce that originated in this very region.

The Costa Daurada’s culinary identity reflects its unique position between the sea and mountains, with inland areas producing excellent nuts, oils, and wines, while coastal towns specialise in rice dishes, seafood, and the distinctive calçotada tradition. From the morning fish markets in Cambrils to the wine cellars around Reus, visitors can experience flavours that have been perfected over centuries.

The region’s Michelin-starred restaurants and traditional chiringuitos create a dining scene that rivals any Mediterranean destination while remaining surprisingly affordable and authentic.

Cities and transport

The main cities of the Costa Daurada are Tarragona (130,000 inhabitants), Reus (100,000 inhabitants), Salou (26,000 inhabitants), Calafell (25,000 inhabitants), Cunit (about 12,000 inhabitants), Torredembarra (15,000 inhabitants), Vilaseca (22,000 inhabitants), Cambrils (33,000 inhabitants) and L’Atmetlla de Mar (a little more than 7,000 inhabitants).

The AP7 motorway (toll road) and the N340 road are the main roads in the area. The two routes cross the area from east to west, joining the Costa Daurada with Barcelona.

The city of Tarragona is also a communication link. In its harbour, cruise ships arrive from and depart to different parts of Europe, making the port of Tarragona one of the busiest in the Mediterranean area. Also, a few kilometres from the city is the AVE Tarragona station, where you can take the high-speed train that connects with Madrid, Barcelona and France.

Another way to connect with Barcelona, also by train, is via the R2 Cercanías line, which reaches the cities of Cunit and Calafell.

Concerning airports, the main and only one in the area is the Reus Airport, where you can fly to many destinations in Europe thanks to low-cost airlines, such as Ryanair, which operates at the airport. Likewise, Barcelona El Prat Airport is not far from the area (for example, it is approximately 100 km from Tarragona) if you want to fly to more destinations.

Download our map of the Costa Daurada

with the main cities, Airports, AVE train Stations, UNESCO sites, Natural parks, Beaches, Traditional markets, Kids’ parks, Golf courses,…

Must-See Places and Prime Property Locations

The Costa Daurada region attracts over 6 million tourists annually while maintaining a permanent population of approximately 800,000 people across Tarragona province. Understanding what makes each area special is crucial when choosing where to invest your money and your future.

Tarragona: The Historic Capital

Roman Tarragona represents one of Europe’s most significant archaeological sites and a UNESCO World Heritage location. Properties within the historic centre offer the unique opportunity to live among 2,000-year-old ruins while enjoying a modern Mediterranean lifestyle. The combination of historical significance, university town vibrancy, and excellent transport links creates property values around €1,650 per square meter—exceptional for a World Heritage site.

The Tarragona Cathedral Quarter showcases some of Spain’s most elegant medieval architecture. Properties here aren’t just homes—they’re pieces of living history, with many buildings incorporating Roman foundations and medieval elements while offering modern amenities. The neighbourhood’s proximity to beaches, restaurants, and cultural sites makes it particularly attractive to buyers seeking authentic Spanish culture with urban conveniences.

Salou: Family Entertainment Capital

Central Salou benefits from being the entertainment capital of the Costa Daurada, home to PortAventura World and countless family attractions. Properties here command around €2,200 per square meter and benefit from exceptional rental demand year-round, not just summer months. The town’s evolution from a fishing village to an international resort has created a sophisticated tourism infrastructure while maintaining its Spanish character.

PortAventura Resort area offers some of the region’s most modern residential developments, appealing to buyers seeking contemporary amenities and proximity to world-class entertainment. Properties benefit from the resort’s reputation and infrastructure while offering permanent residents access to a lifestyle normally reserved for tourists.

Cambrils: The Gastronomic Coast

Cambrils Marina showcases the Costa Daurada’s sophisticated side, where traditional fishing heritage meets modern luxury. The town’s reputation as a gastronomic destination creates strong property values around €2,400 per square meter, supported by affluent Spanish and international visitors who appreciate quality dining and marina lifestyle.

Traditional Cambrils offers charming properties in the historic fishing quarter, where narrow streets lead to excellent restaurants and the working fishing port. These properties appeal to buyers seeking authentic Mediterranean living with access to some of Spain’s finest seafood cuisine.

Calafell and Cunit: The Value Opportunities

Calafell represents exceptional value at around €1,400 per square meter while offering direct train connections to Barcelona. The town’s authentic Spanish character and excellent beaches create appeal for both permanent residents and holiday home buyers seeking proximity to Barcelona without urban prices.

Cunit offers even greater value around €1,200 per square meter, with properties that benefit from excellent transport links and authentic Spanish living. The town’s position between Barcelona and Tarragona creates opportunities for commuters and second-home buyers.

Enjoy your time in the Costa Daurada.

The tourist offerings in the area are of excellent quality, with a wide range of activities to enjoy. For example, in a few kilometres, you can enjoy history (Roman Tarragona), art (modernism in Reus), monuments (Roman ruins), nature, sports, traditions (the events of “Castellers”), gastronomy, and much more. In addition, the offer is complemented by a series of activities designed for parents and their children to experience new sensations in the natural environment, not forgetting a visit to Port Aventura World, one of the largest amusement parks in Europe.

Families

For families, Salou, Cambrils, Vila-Seca, La Pineda Platja, Calafell, El Vendrell, and the Prades Mountains are the best places, as they offer a wide range of services that a family would want. They have also been certified by the Generalitat de Catalunya as a Family Tourism Destination.

Retiring?

If you are looking for a quiet place after spending a lifetime working, the beaches are the best excuse to find that peace. Some of the best beaches on the Costa Daurada are Comaruga beach in El Vendrell, Torredembarra Canyadell cove, beach Savinosa (Tarragona), Playa Llarga (Salou) and beach Llosa (Cambrils).

The Modernism in Reus

Choosing Your Location: Matching Properties to Your Lifestyle Goals

Each area along the Costa Daurada has developed its own character and property market dynamics. Understanding these differences is crucial for making informed investment decisions tailored to your specific needs and goals.

For Holiday Home Buyers

Salou remains the overwhelming favourite for families seeking a holiday home with year-round amenities and activities. The town’s superior infrastructure ensures that properties remain accessible and well-maintained, while PortAventura and other attractions provide entertainment throughout the year.

Cambrils appeals to holiday home buyers who prioritise sophisticated dining and marina lifestyle over pure entertainment. The town’s reputation for gastronomy creates a more upscale atmosphere while maintaining reasonable property prices.

For Investment Property Buyers

Salou delivers the strongest rental yields on the Costa Daurada, with properties achieving annual returns of 8-12% due to PortAventura’s year-round operation and international tourism appeal.

Tarragona offers more balanced investment opportunities with steady yields of 6-8% and the added benefit of university town rental demand, creating year-round occupancy potential beyond tourism.

Calafell and Cunit offer value opportunities for patient investors, boasting strong growth potential due to their proximity to Barcelona and improving transportation infrastructure.

For Retirement Living

Tarragona’s combination of healthcare excellence, cultural richness, and affordable living costs makes it an ideal destination for retirees prioritising quality of life. The city’s university hospital offers excellent medical care, while the historic centre provides endless opportunities for cultural exploration.

Cambrils attracts retirees who appreciate fine dining and marina lifestyle in a more relaxed setting than major cities. The town’s sophisticated amenities and mild climate create ideal conditions for retirement.

For Digital Nomads and Remote Workers

Tarragona has emerged as an attractive base for remote workers, offering excellent internet infrastructure, university-town energy, and proximity to Barcelona for networking while maintaining reasonable living costs.

Reus appeals to creative professionals seeking authentic Catalan culture with excellent connectivity. The city’s modernist architecture and proximity to Barcelona create an inspiring environment for remote work.

Parties and events

The main events and festivals of Costa Daurada are:

• Festival of Sant Pere in Reus (second half of June). The city hosts all kinds of events and shows (performances, workshops, music, etc.) Additionally, it marks the beginning of summer.
• Pau Casals International Music Festival in Vendrell (from mid-July to mid-August). This festival pays tribute to the musician Pau Casals and his profound humanism. The cello is the main thread, but singers, pianists, and various formations also participate.
• Nits Daurades to Salou (second week of August). Nights of concerts where current styles are mixed with folkloric and traditional.
• Mercado Medieval de l’Hospitalet de l’Infant (early September). The atmosphere of a medieval market is recreated. You can also find all kinds of objects, animals, and samples from medieval times.
• Festivities of Santa Tecla de Tarragona (second and third week of September). They are the biggest festival of this city, which is flooded with activities and shows. It also marks the end of summer.

The Golden beaches of the Costa Daurada

Costa Daurada Property Market Analysis

Outstanding Value in the Mediterranean Context

The Costa Daurada property market continues to represent exceptional value within the Spanish Mediterranean context, demonstrating strong resilience and steady growth. With excellent connectivity to Barcelona, UNESCO World Heritage sites, and authentic Spanish coastal culture, the region attracts diverse buyer profiles, including international investors seeking Mediterranean lifestyle properties, retirees drawn to the cultural richness and mild climate, families benefiting from excellent schools and infrastructure, and rental investors capitalising on the growing tourism sector.

Recent transaction data indicate robust market activity across Tarragona province, with sustained international interest, particularly from French and Belgian buyers. The region benefits from lower entry costs compared to Barcelona, while maintaining strong rental yields and capital appreciation potential.

Real estate prices in Tarragona Province: €1,600/m² as of March 2025

Prices in Tarragona province average 65% below those in Barcelona, offering significant value while maintaining the strong growth momentum of +6.4% annually. The province has recorded consistent transaction growth, driven by diverse international buyer activity, making it one of Spain’s most accessible coastal property markets.

Coastal Market Dynamics

The coastal towns show attractive price variations that create opportunities for different buyer profiles:

• Premium coastal destinations (Cambrils, Salou): €2,400-2,500/m²
• Heritage and proximity value (Tarragona city, Calafell): €2,100/m²
• Emerging growth opportunities (Cunit, inland towns): €1,500-2,000/m²

The key differentiator remains proximity to Barcelona and beach access—coastal towns with direct train connections command premiums of 15-25% over inland locations. The property market across Costa Daurada municipalities presents excellent value compared to other Spanish coastal regions, with Cambrils leading at €2,500 per square meter as the gastronomic capital, followed by Salou at €2,400 per square meter as the premier resort destination. Tarragona city and Calafell both offer heritage and proximity value at €2,100 per square meter, while Cunit represents exceptional growth potential at €2,000 per square meter with annual appreciation of +13.7%.

Real estate prices in Barcelona: €2,865/m² as of March 2025

 
Market dynamics indicate consistent growth along the coastline, with Cambrils experiencing an annual appreciation of +11.7 % while maintaining its position as the region’s culinary destination. This coastal corridor benefits from UNESCO protection, excellent transport links to Barcelona, and authentic Spanish culture, making it an attractive alternative for those seeking Mediterranean living at accessible price points. The broader Spanish property market’s growth trajectory has supported sustained confidence in these well-connected coastal communities, with construction activity recovering to pre-crisis levels and strong rental yields supporting both lifestyle and investment purchases.

Conclusion

The Costa Daurada offers a unique proposition in the Spanish property market: the perfect blend of historical richness, natural beauty, and exceptional value that sets it apart from other Mediterranean coastal regions. With strong economic fundamentals, excellent infrastructure, and diverse lifestyle options, it represents one of Spain’s most compelling real estate investment opportunities.

From Tarragona’s UNESCO World Heritage sites to Salou’s family-friendly attractions, from Cambrils’ gastronomic excellence to the authentic charm of smaller towns, the region offers something for every property buyer. The key to success lies in understanding your priorities and working with local experts who know how to navigate this dynamic market.

The Mediterranean lifestyle, enhanced by historical richness and affordability, awaits. The Costa Daurada isn’t just a place to own property—it’s a gateway to one of Europe’s most authentic and value-driven coastal regions.

For expert guidance on finding your perfect property on the Costa Daurada, connect with our network of vetted local professionals who understand both the market dynamics and the lifestyle dreams that bring international buyers to this exceptional region.

With our team of over 100 local real estate partners, HowtobuyinSpain helps foreigners navigate this remarkable market with confidence. Valérie and Géraldine are our local property hunters in the Costa Daurada, ready to assist you with your property search.

Check the Costa Daurada property market in our quarterly report dedicated to the analysis of the Spanish real estate market.

Discover the best new build projects in the Costa Daurada available right now.

Are you looking for a local partner to buy on the Costa Daurada? Don’t look further, check our team and ask us for the correct contact.

1. Best Professionals 2. Follow up 3. Competitive pricing 4. Partners 5. Qualitative Check

Costa Daurada Map Information

• Airport: Tarragona
• Ave stations: Tarragona
• Cities: Tarragona (130,000 inhabitants), Reus (100,000 inhabitants), Salou (26,000 inhabitants), Calafell (25,000 inhabitants), Cunit (about 12,000 inhabitants), Torredembarra (15,000 inhabitants), Vilaseca (22,000 inhabitants), Cambrils (33,000 inhabitants) and L’Atmetlla de Mar (a little more than 7,000 inhabitants)
• UNESCO sites: Archaeological Ensemble of Tárraco(2000), Poblet Monastery(1991) Find all the UNESCO Sites in Spain on our page: “10 reasons why you should buy in Spain”
• Top beaches: Cala Senyor Ramon, Platja de s’Agaró, Cala Futadera, Platja del Castell de Palamos, Cala Boadella
• Kids Parks: PortAventura (Salou), PortAventura Aquatic Park (Salou), Aquopolis (La Pineda), Ferrari Land (Vila Seca,) Aqualeon (Albinyana)
• Shopping Malls & Outlets: Commercial Center Parc Central (Tarragona), Gavarres (Tarragona), Fira Commercial centre
• Traditional & Flea markets: Mercat Municipal (Cambrils), Mercat De Tarragona
• Top golf courses: Reus Aiguesverds, La Graiera, Bonmont Terres Noves Play with the best golf clubs sets in Spain thanks to our local partner.
• Natural Parks: Park Natural de la Serra de Montsant, Park del Garraf – Park Natural del Delta de l’Ebre, Park Natural de Colines, Park d’Olèrdola, Cubelles Parque Natural Foix, Port Natural de l’Estany Gras, Fonts del Glorieta, Niu de l’Àliga, Pantano De Siurana, Serra de Llaberia
• University: Universitat Rovira i Virgili (Tarragona)
• Hospitals: Hospital del Vendrell (Vendrell), Hospital de Sant Pau i Santa Tecla, Hospital Universitari Joan XXIII de Tarragona (Tarragona), Hospital de Tortosa Verge de la Cinta (Tortosa)

Read further on the Costa Daurada and Spain

1. TOURIST OFFICES:
   • Tarragona Tourist Office
   • Salou Tourist Office
   • Cambrils Tourist Office
2. AIRPORTS: All the Spanish Airports and flights info on the official site of AENA
3. TRAINS: Renfe website
4. BEACHES: Where will you find the top beaches in Spain?
5. GOLFS: Reread our Summer paper on the subject What are the top golf courses in Spain? Play with the best golf clubs sets in Spain thanks to our local partner. Check the Spanish Federation here: Looking for a Golf Club in Spain?
6. KIDS PARKS: Our selection of the Top parks for children in Spain
7. MUST VISIT IN SPAIN: Our top 5 UNESCO World Heritage Sites in Spain, Find all the Unesco sites in Spain

Find all our other articles and maps on the Spanish Costas:

The experts from our network are active in all the fields you need:

1. Property finders
2. B&B
3. Lawyers
4. Tax
5. Architects
6. Money Transfer
7. Mortgage
8. Holiday rental management
9. Ensure your Spanish property
10. Property survey
11. Renovation

Looking for an expert: Architect, property hunter, lawyer,… in Spain? Ask us directly!

FAQ Costa Daurada guide

The post Discover the Spanish Golden Coast, “The Costa Daurada” appeared first on How to buy in Spain.

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

What is the real cost of owning your Spanish property as a non-resident?

Article Overview: Get the essential information in 30 seconds, then dive deeper into any section that interests you.

Congratulations on your purchase. Now, let’s check the annual costs of owning your property.

You’ll have those divided into five different groups: Taxes, Insurance, Utilities (Electricity, Water, Gas, Television, Internet, Telephone), the charges of your property and eventually Community Charges.

Let’s have a look at a concrete example: a two-bedroom apartment in Barcelona of 100 m2 with a market price in 2022 of 440.000€ and a “Valor Catastral” of 100,000€. We assume a rental value of 18.000€.

1. Taxes

If you want to have a detailed view from our experts on this subject, have a look at our article: What taxes do you have to pay on your Spanish property?

Here is a quick summary:

• Local Tax: IBI, “Impuesto sobre Bienes Inmuebles“

• State Tax: You are renting it. You are not renting it… Modelo 210 – Form 210

2. Insurance

The insurance should be approximately 0.05% of the property’s value.

The insurance for the apartment in Barcelona is under 250€.

3. Utilities

If your apartment in Barcelona is empty, you’ll have a few charges to have accounts open and running:

• +/- 15€ / month for water
• +/- 20€ / month for electricity
• +/- 6€ / month for gas

For a total of 41€ / month if your apartment in Barcelona is not rented.

If your apartment in Barcelona is rented, charges may increase up to 150€ / month. With inflation rising since 2021, you should expect those costs to increase even more in the future.

4. Community Charges

This charge depends on the property you bought:

• Is there a lift in the building?
• Is the property new? Does it need more or less of maintenance?
• Are many properties empty?
• Do you have a swimming pool?
• How often is the property cleaned?

For your apartment in Barcelona, expect to pay between 50€ and 100€ per month.

5. Charges on your property

• Do you have a private garden?
• Do you have your private pool?
• The paintwork needs doing?
• Do you have a mortgage? Check our paper we wrote on that to find out what is your monthly mortgage payment: What is the cost of your Spanish Mortgage? Your ultimate Mortgage calculator

Do you want to ensure the cost of buying a Spanish property? Read the news we wrote on this. Last but not least, another interesting paper is: the cost of living in Spain vs any country in the world.

All that information is from reliable sources. We advise you to consult with your fiscal and legal advisors in Spain to ensure that all costs are up to date and adjusted to your specific situation. Find your Spanish property lawyer here.

Do you want to start searching immediately?

Discover the best new build projects in Spain available right now

If you don’t know where to buy, this general article on the Spanish Real Estate market could be handy: Everything you ever wanted to know about the top 20 Spanish real estate markets

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This infographic could help you before buying your new property in Spain.

Don’t try to do it alone, you think you will save money, but you will WASTE money

Spanish Property Ownership Costs FAQ

The post What is the real cost of owning your Spanish property in 2025? appeared first on How to buy in Spain.

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. 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 March 2025

• Average Price: €2,033/m² (just 3% below 2008 peak)
• Market Growth: +9% year-over-year (accelerating from 7%)
• Transaction Volume: 739,075 sales (+15% 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

Quick Navigation: Market Analysis & Regional Insights

• Current quarterly market trends
• Annual price evolution analysis
• Recovery winners vs 2008 peaks
• Premium property markets
• Value opportunity markets
• Most active transaction markets
• ️ Top 20 city analysis
• Buying process guide

Quick Navigation: Holiday Homes & Investment Options

• ️ Costa Blanca opportunities (Alicante)
• ☀️ Costa del Sol market (Málaga)
• ️ Catalonian coast options (Barcelona)
• ️ Balearic Islands luxury market
• Mediterranean lifestyle (Valencia)
• Canary Islands year-round climate
• Capital city investment hub
• Top performing regions since 2014

 

Spanish Property Market Reality Check: March 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 second 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 €2,033 per square meter—just 3% shy of the 2008 all-time peaks—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 739,075 property transactions in the past 12 months (a 15% increase) and remarkable year-on-year price growth of 9%, accelerating from just 7% 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 of +21.7% compared to +17% in 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 analyze:

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, 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 29% 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 fiber 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.

1. 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 €2,033 on average in Spain as of March 31, 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 coronavirus situation, transaction volume was lower in 2020; however, activity has returned since 2022 and remains strong. Over the last 12 months to March 2025, 739,075 properties were sold, representing 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. 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 reached since the 2007 financial crisis was €1,456/m² in the third quarter of 2014, while the highest was €2,101/m² in the first quarter of 2008. As of March 2025, we are just 3% of this level, and many markets are already above 2008 levels, as you can see in this chart:

   

   Spain’s real estate price evolution from 1995 to 2025 by region, highlighting the recovery in 2025 compared to the 2008 peak. 

    

   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%

   

   Bar and line chart showing the evolution of Spain’s real estate prices among the country’s most moderate housing market performers in Q1 2025, with updated location-based price data through March 2025.

   


    

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

   Interactive chart

    

    

    

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   3 beds 2 baths 106.9 m²

    

2. 
   

   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 and price evolution percentages for various cities in Q1 2025; Madrid, Barcelona, and Palma de Mallorca lead with the highest property prices in Spain.

    

   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. 
   

   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: +29.9% – The standout winner, nearly 30% above 2008 levels
   • Madrid: +14% – The capital continues its premium trajectory
   • Tenerife: +11% – Canary Islands showing strong international demand
   • Málaga: +10% – 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:

   • Valencia: 0% – Exactly at 2008 levels with growing momentum
   • Alicante: -1% – Virtually complete recovery
   • Barcelona: +4% – Just above peak levels
   • Las Palmas: +3% – Canary Islands strength

   These markets offer the psychological comfort of “proven” price levels while still providing growth potential as they move definitively above historic peaks.

   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:

   • Sevilla: -10% – Major city with 22% transaction growth
   • Girona: -12% – Catalonian opportunity near French border
   • Andalusia: -6.2% – Regional opportunity with lifestyle appeal
   • Valencian Community: -4.1% – Broad regional recovery underway

   Deep Value Markets:

   • Castilla y León: -39.7% – Significant upside if national trends continue
   • Murcia: -37.6% – Interior opportunities with affordability
   • Extremadura: -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.

   For Value Investors: Markets like Sevilla (-10% from peak but +22% transaction growth) represent compelling combinations of value and momentum.

   For Long-term Positioning: The 40 %+ discounts in Castilla y León and Murcia may represent generational opportunities if Spain’s economic growth continues.

   The National Picture: With Spain overall just 3% below the 2008 peak, the country has essentially achieved full recovery while maintaining a better value than most European markets.

   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.

    

4. 
   

   The most expensive real estate markets in Spain

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

   

   Bar chart comparing Spain real estate prices and price evolution percentages in various cities as of March 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)	3 477 €	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.

5. 
   

   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.

    

   

    

6. 
   

   The most active Spanish real estate markets

    

   The real estate markets with the most transactions in Spain as of the end of March 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	2 033 €	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%

   

   Bar chart illustrating the number of real estate transactions and the evolution of real estate prices in major cities in Spain in March 2025, with Madrid and Barcelona leading.

    

7. 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:
    

   

   Bar chart comparing Spain real estate prices and transaction trends in the most expensive markets, with data updated to March 2025, highlighting the evolution of Spanish property prices in 2025.

    

8. The least active property markets in Spain

    

   Here are the Spanish cities registering the least transactions as of the 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%

    

9. Price evolution of the most significant regions since 2006

   2014 was the year when Spanish property prices reached their lowest point.

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

   

   Line graph showing the evolution of Spain’s real estate prices from 2000 to 2025 by region, highlighting the recovery in 2025 compared to the 2008 peak, with percentage changes for each city. Includes insights into Spanish property prices 2025.

   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 2,033€/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 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.

   

    

10. 
    

    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:

    Real estate prices in Alicante remain, on average, 15% lower than the national average and nearly back to their 2008 pre-crisis levels.

     

    

    Evolution of Alicante and Spain’s real estate prices from 1995 to March 2025, with Alicante at 1,722€ and Spain at 2,033€.

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

    • Have a look at the property hunting in Alicante realized 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: €1,307 /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:

    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!
    

    Comparison of Spain real estate prices in Almeria and nationwide from 1995 to March 2025, with Almeria at 1,307€ and Spain at 2,033€.

    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:

    Real estate prices in Barcelona are, on average, 40% higher than the national average and are trading again at new all-time highs. Considering the number of transactions, Madrid and Barcelona are the two strongest markets.

    Have a look at the property hunting in Barcelona, realized 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!

     

    

    Spain’s real estate prices, compared to Barcelona property prices, are expected to rise to 2,865€ by March 2025, surpassing the national average of 2,033€.

     

    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:

    Real estate prices in Cadiz remain, on average, 15% lower than the national average and are 9% below highest levels 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!

     

    

    Spain real estate prices in Cádiz (1,754€) and nationwide (2,033€) from 1995 to March 2025.

    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:

    Real estate prices in Castellón remain, on average, 35% lower than the national average and 40% lower than levels reached in 2008.

     

    • 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!

     

    

    Spain real estate price (2,033€)evolution and transactions in Castellon (1,233€) and nationwide from 1995 to March 2025.

    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:

    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% lower than its top levels reached in 2008.

     

    Have a look at the property hunting in Girona realized 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 graph of Girona (1,943€) property prices from 1995 to March 2025, illustrating the Spain real estate price evolution

    Ibiza real estate prices/Balearic Islands: €3,436 /m², +13.2% yr/yr

    Property transactions for the Balearic Islands are: 15,904 +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 30% 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!

     

    

    Balearic property prices (blue -3,436€) vs. Spain’s average (orange) from 1995 to March 2025, including annual and quarterly transaction trends.

    Las Palmas de Gran Canaria property prices: €1,976/m², +7.9% yr/yr

    Real estate transactions for Las Palmas: 14,498 +7%

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

    Real estate prices in Gran Canaria came back to the national average of real estate prices in Spain.

     

    
    Have a look at the property hunting in Las Palmas de Gran Canaria realized 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!
    

    Spain real estate price evolution, with Las Palmas property prices at 1,976€ in March 2025 versus Spain’s average of 2,033€

    Madrid real estate prices: €3,477 /m², +11.5% yr/yr

    Property transactions for Madrid: 89,252 +17%

    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 13% 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 realized 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!
    

    Madrid property prices rising to 3,477€ from 1995 to March 2025, compared to Spain real estate prices at 2,033€.

    Málaga property prices: €2,614 /m², +12.3% yr/yr

    Property transactions for Málaga: 39,187 +12%

    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 10% 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:

    • Invest in Malaga: a real estate case on the Costa del Sol

    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!
    

    Evolution of real estate prices in Malaga and Spain from 1995 to March 2025, showing Malaga at 2,614€ and Spain at 2,033€

    Palma de Mallorca real estate prices/Balearic Islands: €3,436 /m², +13.2% yr/yr

    Real estate transactions for the Balearic Islands: 15,904 +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!
    

    Balearic property prices (blue) vs. Spain’s average (orange) from 1995 to March 2025

    Murcia property prices: €1,174 /m², +6.5% yr/yr

    Property transactions for the property market in Murcia: 28,189 +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 realized 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!
    

    Property prices in Spain and Murcia from 1995 to March 2025, with yearly and quarterly transaction figures shown; Murcia price is 1,174€.

    Santa Cruz Tenerife property prices: €1,957/m², +12% yr/yr

    Real estate transactions for Santa Cruz de Tenerife: 12,860 +5%

    Have a look at our Tenerife real estate price chart:

    Real estate prices in Tenerife have rebounded nicely, returning close to the national average. As of early 2025, property prices in Tenerife are 11% higher than they were in 2007. The weather is more stable during the winter months, but yes, your flight is a little bit longer.

    Have a look at the property hunting in Tenerife realized 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!
    

    Property prices Spain in Tenerife and nationwide from 1995 to March 2025, with Tenerife at 1,957€ and Spain at 2,033€

    Seville real estate prices: €1,631 /m², +5.2% yr/yr

    Transactions for the real estate market in Sevilla are strong: 26,568 +22%

    Have a look at our Seville real estate price chart:

    Real estate prices in Sevilla are 25% lower than the national average and 10% 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!
    

    Spain real estate price evolution from 1995 to March 2025: Seville at 1,631€ vs. Spain at 2,033€

    Valencia property prices: €1,625 /m², +12.1% yr/yr

    Real estate transactions for the property market in Valencia: 41,967 +7%

    Have a look at our Valencia real estate price chart:

    Real estate prices in Valencia are approximately 25% lower than the national average and have returned to their peak levels reached in 2007. At the same time, it is the third city in Spain in terms of inhabitants! 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!

     

     

    

    Spain’s real estate price evolution from 1995 to March 2025: Valencia property prices at € 1,625, Spain at € 2,033

    Valladolid real estate prices: €1,391 /m², +5.8% yr/yr

    Property transactions for Valladolid: 7,731 +21%

    Have a look at our Valladolid real estate price chart:

    Real estate prices in Valladolid are more than 30% below national averages and 20% 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!

     

    

    Valladolid and property prices in Spain per square meter from 1995 to March 2025, with transaction volume as bars. Valladolid price labeled at 1,391€. 

    Zaragossa property prices: €1,643 /m², +11.8% yr/yr

    Property transactions for Saragossa: 13,640 +15%

    Have a look at our Saragossa real estate price chart:

    Zaragoza real estate prices are approximately 20% lower than the national average and 30% 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!

Saragossa and Spain real estate prices from 1995 to March 2025, with transaction volumes shown as bars; Saragossa price is 1,643€ and Spain is 2,033€

Source: Ministerio de Fomento

 

Please have a look at 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. With an extensive network of local partners in Spain, his deep commitment to the real estate sector, combined with strong analytical skills and a problem-solving mentality, has fueled his success. Constantly eager to learn and passionate about teaching, Stéphane believes in the power of knowledge sharing to master any subject.

Check the whole HTBIS team here.

 

Spanish Real Estate Market FAQ

Are Spanish property prices rising in 2025?

Yes, Spanish property prices reached €2,033/m² in March 2025, up 9% year-on-year and 3.1% quarterly. Transaction volume hit 739,075 properties (15% increase), showing strong market momentum across all price segments nationwide.

Which Spanish regions have the highest property price growth?

Balearic Islands lead with 13.2% annual growth (€3,436/m²), followed by Málaga (12.3%), Valencia (12.1%), and Tenerife (12%). Madrid shows 11.5% growth at €3,477/m², maintaining its position as Spain's most expensive market.

How do current Spanish property prices compare to 2008 peak?

Spanish property prices are just 3% below the 2008 peak of €2,101/m². Several markets exceed 2008 levels: Balearics (+29.9%), Madrid (+14%), Tenerife (+11%), and Málaga (+10%). Valencia exactly matches 2008 prices.

What are the most expensive property markets in Spain?

Madrid leads at €3,477/m², followed by Balearic Islands (€3,436/m²), Gipuzkoa (€3,094/m²), and Barcelona (€2,865/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 (€748/m²), Jaén (€826/m²), and Cuenca (€843/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?

Sevilla shows 22% transaction growth while 10% below 2008 peak. Cantabria, Toledo, and Granada combine strong price growth (10%+) with active transaction volumes. Emerging university cities offer rental demand opportunities.

How active is the Spanish property market in 2025?

Extremely active with 739,075 transactions in 12 months (15% increase). Madrid (89,252), Catalonia (113,033), and Andalusia (144,935) lead transaction volumes. All regions show positive activity except Navarra (-2%).

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 competitive, and broad-based demand from Spanish families and international buyers across all price tiers.

 

The post Spanish Housing just shy of All-Time Highs – March 2025 update appeared first on How to buy in Spain.

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

Mortgage rates for non-residents: Spain’s position in the European landscape

Here is our update of January 2025 with the last available data (November 2024) on Spanish mortgage rates for non-residents from the European Central Bank

One question we receive from our customers nearly daily is: How expensive are the mortgage rates in Spain compared to other European countries?

We were due to do some work on that, and here is the result. At the same time, we took the opportunity to increase our databases, and this article will be updated later. Please note that all charts are interactive, and whenever we update our database, the charts will be updated accordingly.

Thanks to our network of local partners, we offer the best mortgage rates in Spain for those looking to finance a home in Spain. Take 30 seconds to fill out this quick form to get the best Spanish mortgage rates as a non-resident.

1. Mortgage rates in Spain for non-residents: our 2-minute video

   Would you like to watch this video in your language? Click on the bottom right of the video on “cc” to get subtitles in your language.
   

    

2. Navigating the Mortgage process as a non-resident in Spain

   While many international buyers prefer to purchase their Spanish second home outright with cash, this approach might not always be the most strategic. Even if you have the means for an all-cash transaction, considering a mortgage could unlock a suite of financial benefits. From diversifying your investments and increasing liquidity to optimising tax efficiencies, the advantages are compelling. Intrigued? We invite you to journey with us through the upcoming sections, where we’ll unveil the nuanced benefits of leveraging a mortgage for your property in Spain—a decision that could redefine your financial strategy.

   Securing a mortgage in Spain as a non-resident is a feasible endeavour, though it does come with its unique set of challenges and considerations. Given that the majority of your assets are likely situated outside of Spain, Spanish banks will meticulously evaluate both your financial profile and the property in question to mitigate their risk exposure. Generally speaking, the terms offered to non-residents may be more conservative compared to those available to residents. This often translates to less favourable interest rates, stricter borrowing criteria, and a reduced loan-to-value ratio, meaning you might need to provide a larger down payment. Additionally, the process might involve more comprehensive documentation and a longer evaluation period to thoroughly assess the viability of extending credit under these circumstances. Understanding these nuances and preparing accordingly can smooth the path to acquiring your Spanish property.

   
   
   

3. Comparing Spanish Mortgage rates with European averages

    

   Spanish vs. European Real Estate Financing

   Thanks to the detailed database of the European Central Bank that we could import, we were able to run a thorough analysis of mortgage conditions for all European countries compared to Spain. Before examining detailed statistics on various mortgage solutions, we reviewed general conditions for mortgage rates in both Europe and Spain.
   All Mortgages issued in Spain in November 2024 had an average interest rate of 3.04%  (vs 3.1% in January 2023) while all mortgages issued in Europe had an average interest rate of  3.44%  for the same period (vs 3.19% in Spain in January 2023).

   The chart below clearly demonstrates a strong correlation between Spanish mortgage rates and their European counterparts. Both datasets, meticulously compiled by the European Central Bank, serve to monitor financial trends across the region. Historically, from November 2014 to April 2022, Spanish mortgage rates consistently exceeded the European average, resulting in a more expensive borrowing climate within Spain. During this timeframe, the average Spanish mortgage rate stood at 2.02%, in contrast to the slightly lower European rate of 1.87%, indicating a notable 0.15% disparity that disadvantaged both the Spanish property market and prospective homeowners.

   Spanish mortgage rates are cheaper than European ones

   A new trend started in 2022

   However, the trend reversed post-April 2022, as Spanish mortgage rates began to align with or dip below the European average. As of November 2024, the most recent data point at the time of this analysis, the average mortgage rate in Spain had settled at 3.04%, marginally below the European average of 3.44%.

   This shift represents a significant 0.40% advantage, benefiting both the Spanish real estate market and its investors: Spaniards and foreigners, and reflects a notable improvement in the affordability and attractiveness of Spanish mortgages relative to the broader European landscape.

   Now that we have analysed all the mortgages issued in both Europe and Spain, it is time to compare rates for different mortgage solutions. As you know, mortgage rates are separated into two big categories:

   • fixed-rate mortgages, mostly mortgages that will keep the same rate over the full mortgage length, usually between 10 and 25 years,
   • Variable-rate mortgages, mortgages that will change rates over the life of the mortgage (monthly, yearly, or every five years)

   In the following analysis, we will delve further into the nuances of four distinct mortgage categories: variable-rate mortgages, fixed-rate mortgages with terms of 1-5 years, those with terms of 5-10 years, and fixed-rate mortgages with a term of 10 years. Notably, variable-rate and 10-year fixed-rate mortgages stand out as the most popular choices among individuals financing their home purchases, both across Europe and specifically within Spain. This comparison aims to illuminate the characteristics and trends that define each category, providing a comprehensive overview of the Spanish mortgage landscape.

   Here are all the evolutions and a quick analysis for each:

   Variable Mortgage rates: Spain vs Europe showdown

   As you can see on the chart, Spanish mortgage rates since April 2022 were nearly always cheaper than mortgages in Europe, and as of November 2024, they are more affordable by 0.40%.

    

   1-5 years fixed Mortgage rates face-off: Spain vs Europe

    

   As you can see on the chart, Spanish mortgage rates with fixed rates between 1 and 5 years are one of the only Spanish mortgage rates for which you will pay more than in other European countries. On average, as of November 2024, you will pay 0.21% more.

    

   5-10 years fixed Mortgage Rates: Spain vs Europe head-to-head

   As you can see on the chart, fixed Spanish mortgage rates (ranging from 5 to 10 years) were consistently more expensive in Spain than in other European countries. Interestingly, as of November 2024, Spanish mortgage rates trade close to the European average, i.e. no more premium than in the past.

    

   10-Year fixed Mortgage rates in Spain versus Europe

   As you can see on the chart, Spanish mortgage rates since March 2022 are cheaper than mortgages in other European countries, as of November 2024, they are cheaper by 0.36%. This is excellent news for real estate buyers in Spain.

   At the end of this article, we provide a precise comparison between mortgages issued in different European countries and Spain, have a look at where your home country is!

   Read more on the subject: What are the best Spanish mortgage rates?

4. Key factors behind the advantageous Spanish Mortgage rates

   Thanks to our detailed update, now you know that the Spanish mortgage market is experiencing a confluence of positive factors that set it apart from other European counterparts:

   • Spanish property values remain attractively priced when compared to other European real estate markets, presenting a compelling value proposition and a lower risk for lending banks, unlike the situation in 2008.
   • The Spanish economy exhibits resilience and robustness, outpacing the broader European economic performance, which instils confidence in both domestic and international investors.
   • The impact of energy price fluctuations has been mitigated effectively in Spain since the escalation of geopolitical tensions in Ukraine, contributing to a more stable cost of living and operating environment.
   • Spain’s inflation has consistently been lower than the European average, preserving purchasing power and contributing to the overall economic stability.
   • The Spanish real estate sector is characterised by its prudence and lack of speculative excess, evident in the modest percentage of transactions involving mortgages (66%) and the conservative loan-to-value ratio, which averages 60%. This reflects a healthy level of leverage and risk appetite in the market.
   • The strength of the general economy in Spain suggests that Spanish banks are in a sound financial position, enabling them to offer attractive financing options without resorting to aggressive lending practices. This economic stability is likely to support continued favourable mortgage rates.

   These elements collectively create a conducive environment for the advantageous spread in Spanish mortgage rates, underscoring the market’s resilience and appeal to a broad spectrum of investors. Additionally, the prudent regulatory framework and proactive fiscal policies may further bolster the market’s attractiveness, potentially leading to sustained growth and stability in the Spanish real estate sector.

    

   

   Why Spanish mortgage rates are less expensive than in other European countries?

5. What are the advantages of obtaining a Mortgage in Spain as a non-resident?

    

   Increase the return on your Spanish property investment

   The main advantage of buying a property in Spain is that current real estate levels are not crazy if you compare those to other European countries.
   Read more on the subject: What return will you make on your Spanish property?

   Even with current mortgage rates, getting a mortgage is easier than getting a loan for something else as a person as the bank has the property as collateral. So, while we always encourage our customers to manage risks and don’t overleverage, getting a mortgage before buying a property is in our mind a wise way to diversify your financial assets.
   Last but not least, depending on your home country, real estate assets could be less taxed than other financial assets.

   Diversify your investments

   By taking a mortgage, you can decrease your risks by keeping some funds for other investments.

   Potential tax benefits and how to maximise them

   Buying a property with a mortgage can provide significant tax benefits if you subsequently put the property on the rental market as a “buy-to-let” or investment property. Please consult our tax advisors for more information on that.

   Advantages of Spanish mortgage rates for UK residents

   In the mortgage landscape, UK banks are known to promote variable-rate mortgages, nudging customers towards options that fluctuate with the market, despite the inherent uncertainty in future repayments. Meanwhile, Spanish banks are more accommodating of fixed-rate mortgages, offering borrowers the chance to lock in a stable and predictable payment schedule throughout the loan term, contrasting with the UK’s bank-driven preference for variable rates.

   Spanish mortgage rates for US residents

   In the US mortgage market, fixed-rate mortgages are predominant, offering long-term stability with terms commonly set at 30 years, allowing homeowners to lock in rates for the duration of their loan. This contrasts with the Spanish market, where, despite a growing preference for fixed-rate options, mortgages typically have shorter terms and the market historically leaned more towards variable rates, influenced by the Euribor. Additionally, the US market is characterised by its diversity in loan products and a more developed secondary market for mortgages, which enhances liquidity and flexibility in terms and conditions. In contrast, Spain’s market is more traditional and less varied in its offerings.

   

   Benefits for a non-resident of financing his property in Spain with a mortgage.

6. How to get the best mortgage rate as a non-resident in Spain?

    

   Have the best customer profile for the Spanish bank

   Here are some insights into what constitutes an attractive customer profile for securing a mortgage:

   • Employment and stability: Ideal candidates are employed with a stable and substantial income.
   • Creditworthiness: A favourable credit history with minimal debts relative to income is crucial.
   • Debt management: A healthy debt-to-income ratio below 35. This means that monthly net income would be at least three times greater than debt repayments.
   • Property value: 1/ The chosen property should hold strong resale potential. 2/It should be priced appropriately within the current market. 3/It should be in a location with consistent demand.
   • Geographic consideration: Applicants from OECD countries are often preferred due to stringent anti-money laundering regulations across Europe. Being an EU resident further simplifies the process.
   • Maximum loan amounts for non-residents: Spanish banks would like to keep that under control

    

   Avoid taking a mortgage that is too large compared to the property’s value.

   As a non-resident, you’re eligible to secure a mortgage for your second home or investment property. Since your assets are not located in Spain, banks will typically require guarantees and generally cap the loan-to-value (LTV) ratio at 70%. The LTV ratio represents the portion of the property’s pre-tax value that can be financed through a mortgage. This percentage serves as a general guideline. Feel free to request a complimentary consultation from our mortgage broker, who is well-versed in the process and familiar with Spanish banks that are favourable towards foreign clients. The lower this ratio is, the lower the risk for the bank and the better rate for your mortgage.

   

   How to get the best rates as a non-resident.

7. Practical considerations for your Spanish mortgage as a non-resident

    

   Processing time for Mortgage applications

   On average, mortgages are processed quickly, but keep in mind that you need to prepare a full file so the bank can establish your credit profile. Our partner will work with you on that. Don’t worry.

   Higher interest rates and reduced loan amounts for non-residents

   Generally, foreigners will receive slightly less favourable conditions for their mortgages than Spaniards. This is normal as foreigners don’t have all their financial assets and incomes based in Spain. With a good credit profile and a reasonable loan-to-value ratio, our customers receive competitive quotes.

   NIE number for non-residents

   Obtaining an NIE number is a crucial step for non-residents seeking to navigate the property and mortgage landscape in Spain. This identifier serves as your tax identification number. It is essential for various legal and financial transactions, including the purchase of property and the application for a mortgage. Fortunately, obtaining an NIE is a straightforward process. Your legal representative can handle it on your behalf if time constraints are an issue. For a detailed guide on acquiring your NIE and its importance, we invite you to explore our comprehensive article: Your Spanish NIE number and how to obtain it.

   

   Useful considerations for a non-resident to get a Spanish mortgage

8. Comparing Mortgage rates in Spain vs. selected European countries

   Before examining the evolution of mortgage conditions between Spain and a few countries, let’s take a look at the current situation as of November 2024. Here is the evolution of the different European markets, sorted alphabetically. As a reminder, Spanish mortgage rates and European mortgage rates were at 3.04% and 3.44%, respectively, as of the end of November 2024.

   European mortgage rates November 2024 leaderboard

    

   • Belgian mortgage rates are issued with a 3.19% rate on average in November 2024
   • Dutch mortgage rates are issued with a 3.71% rate on average in November 2024
   • Finnish mortgage rates are issued with a 3.31% rate on average in November 2024
   • French mortgage rates are issued with a 3.17% rate on average in November 2024
   • German mortgage rates are issued with a 3.59% rate on average in November 2024
   • Irish mortgage rates are issued with a 3.94% rate on average in November 2024
   • Italian mortgage rates are issued with a 3.69% rate on average in November 2024
   • Luxembourg’s mortgage rates are issued with a 3.29% rate on average in November 2024
   • Portuguese mortgage rates are issued with a 3.04% rate on average in November 2024

   Here is the same information presented in a column chart:

    

   Belgian mortgage rates vs. Spanish mortgage rates evolution over the last 20 years

   As you can see on the chart, Spanish mortgage rates and Belgian mortgage rates are close to each other in November 2024. As of November 2024, Belgian mortgage rates were issued at 3.19%, 0.15% higher than Spanish mortgages.

    

   Dutch mortgage rates vs. Spanish mortgage rates evolution over the last 20 years

   As you can see on the chart, Spanish mortgage rates are more expensive than Dutch mortgages by 0.67%. In November 2024, Dutch mortgage rates were sold at 3.71%.

    

   Finnish mortgage rates vs. Spanish mortgage rates evolution over the last 20 years

   As you can see on the chart, Spanish mortgage rates since March 2022 have been cheaper than those in Finland, and as of November 2024, they are 0.27% more affordable. This is excellent news for real estate buyers in Spain. In November 2024, the Finnish mortgage rate was set at 3.31%.

    

   French mortgage rates vs. Spanish mortgage rates evolution over the last 20 years

   As you can see on the chart, French mortgages are little bit more expensive than Spanish mortgage rates in November 2024. They trade at 3.17%

    

   German mortgage rates vs. Spanish mortgage rates evolution over the last 20 years

   As shown on the chart, as of November 2024, Spanish mortgage rates are 0.55% lower than German mortgage rates. This is excellent news for real estate buyers in Spain. In November 2024, German mortgage rates were sold at 3.59%.

    

   Irish mortgage rates vs. Spanish mortgage rates evolution over the last 20 years

   As you can see on the chart, Irish mortgages are much more expensive than Spanish mortgages. As you will surely know, the Irish real estate market rebounded strongly and is one of the hottest markets in Europe, even with those higher rates. In November 2024, Irish mortgage rates were trading at 3.94%, 0.9% higher than Spanish mortgage rates.

    

   Italian mortgage rates vs. Spanish mortgage rates evolution over the last 20 years

   As you can see on the chart, Italian mortgages are much more expensive than Spanish mortgages. In November 2024, Italian mortgage rates were trading at 3.23%, 0.19% higher than Spanish mortgage rates.

    

   Luxembourg mortgage rates vs. Spanish mortgage rates evolution over the last 20 years

   As you can see on the chart, Luxembourg mortgages are much more expensive than Spanish mortgages. In November 2024, Italian mortgage rates were trading at 3.69%, 0.65% higher than Spanish mortgage rates. As you probably know, the Luxembourg real estate market has a very high valuation, and we could see this as banks being prudent or instructed by the European Central Bank to be cautious.

    

   Portuguese mortgage rates vs. Spanish mortgage rates evolution over the last 20 years

   As you can see on the chart, Portuguese mortgages are much more expensive than Spanish mortgages. In November 2024, Portuguese mortgage rates were trading at 3.29%, 0.25% higher than Spanish mortgage rates. The Portuguese real estate market had a nice run, too, and we could see some caution from Portuguese banks.

    

9. Further readings

    

   • Read more on current financing conditions in Spain with our detailed article: What are the best Spanish mortgage rates?
   • Hesitating between fixed or variable rates on your mortgage (in Spain or elsewhere) have a look at our detailed insights: How do I choose between fixed and variable rates for a mortgage?
   • Last but not least don’t miss our detailed ultimate guide to your Spanish mortgage
   • If you need a mortgage pricer for your Spanish mortgage, check our article for more.

    

Looking for a mortgage or a local expert in Alicante, Malaga, Valencia, Madrid, Barcelona,…? Ask us directly!

Spanish Mortgage Rates for Non-Residents FAQ

Downloadable Charts

The post Mortgage rates in Spain for non residents: April 2025 update appeared first on How to buy in Spain.

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

Congratulations, you found your Spanish dream property!

What is the cost of buying a property in Spain?

Article Overview: Get the essential information in 30 seconds, then dive deeper into any section that interests you.

First question is:

• Is it a new-build property?
• Is it a resale?

Depending on your answer, the cost will be slightly different, but a good rule of thumb is 14%.

1. The cost of buying a New-build property in Spain: +/- 14%

• VAT =10%
• Property registration fees = 1.5%
• Lawyer between 1 and 2%:
• Other costs: Notary, stamps,…

 

The cost of buying a new build property in Spain

2. The cost of buying a Resale property in Spain will be between 10 and 14%

• Transfer Tax = 6 to 10% at the general tax rate (but you have reduced rates in some instances). This amount depends on which Spanish region this property is located.
• Property registration fees = 1.5%
• Lawyer between 1 and 2%
• Other costs: Notary, stamps,…

 

The cost of buying a resale property in Spain

Don’t miss What is the legal due diligence for your Spanish property?Do you need a property lawyer or a tax advisor to assist you in Spain? Find a Spanish property lawyer in our network.

3. Other costs to take into account

Is the cost of living in Spain higher than in your home country?

Please review our comprehensive article and study on the subject.

If you are living in the UK, here is our dedicated article: Cost of living in Spain vs UK.

Please have a look at our detailed property buyers guides, custom-made for any nationality.

Here are our FREE pdf property buyers’ guides written for all the foreign nationalities looking to buy in Spain: Click on your country flag, you will find your pdf report at the end of each article. Get most of our tips there.