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Where are the newbuild properties in Spain?

02 Sep
2019
5 (100%) 1 vote

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How many new build properties could you find in Spain? 

Where are the new build properties in Spain?

 

The “Ministerio de Fomento”, just released the number of unsold new homes in Spain: it is 460,000 vs 477,000 at the end of 2017 and 492,000 at the end of 2016.

That is a 3.6% decrease vs 2017.

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

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

 

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

 

 In which Spanish regions will you find the most Unsold New Homes in 2018?

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

 

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

 

Which cities have the biggest percentage of New build homes for sale in Spain in 2018?

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

 

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

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

 

The two most active regions in Spain in 2018?

  1. The Basque Country: -29.6%
  2. The Balearic Islands: -10%

 

Here is the full overview per region:

Cities 2017 2018 Evolution
Andalusia 73316 69327 -5.4%
Aragon 13695 13085 -4.5%
Asturias 10283 10084 -1.9%
Balearic Islands 10326 9290 -10.0%
Canary Islands 28989 29237 0.9%
Cantabria 0 0
Castile and León 32481 32079 -1.2%
Castilla-La Mancha 40926 39998 -2.3%
Catalonia 75780 73048 -3.6%
Valencian Community 89296 86137 -3.5%
Extremadura 0 0
Galicia 23340 21870 -6.3%
Madrid (Community of) 41248 40145 -2.7%
Region of Murcia 22090 21222 -3.9%
Navarre 0 0
Basque Country 5323 3747 -29.6%
La Rioja 9152 8981 -1.9%
Ceuta & Melilla 693 1626 134.6%
TOTAL 476938 459876 -3.6%

As a reminder, here was the situation in 2017

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

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

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

 

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

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

As a reminder, here was the situation in 2016

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

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

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

 

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

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

 

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

Discover the best new build projects in Spain available right now

 

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

 

Source: Spanish-Ministerio de Fomento.

 

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

 

 

 

 

 

Stéphane 

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

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