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Where are the newbuild properties in Spain?

17 Sep
2018

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How many newbuild properties could you find in Spain? 

Where are the newbuild properties in Spain?

 

The “Ministerio de Fomento”, just released the number of unsold new homes in Spain: it is 477.000 at the end of 2017 vs 492.000 at the end of 2016.

That is a 3% decrease vs 2016. In Spain, you have a total of 25 million homes in total. You can 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 2017?

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 regions have the biggest percentage of Newbuild homes for sale in Spain?

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

 

Which regions have the most Newbuild homes on the market vs the total number of existing homes?

  • 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%

 

The two most active regions in Spain in 2017?

  1. The Basque Country: -19.3%
  2. The Balearic Islands: -11.7%

Here is the full overview:

2016 2017 Evolution
Andalusia 74763 73316 -1.9%
Aragon 14051 13695 -2.5%
Asturias 10842 10283 -5.2%
Balearic Islands 11699 10326 -11.7%
Canary Islands 28928 28989 0.2%
Cantabria 0 0
Castile and León 33195 32481 -2.2%
Castilla-La Mancha 42856 40926 -4.5%
Catalonia 76890 75780 -1.4%
Valencian Community 92281 89296 -3.2%
Extremadura 0 0
Galicia 24565 23340 -5.0%
Madrid (Community of) 41015 41248 0.6%
Region of Murcia 23108 22090 -4.4%
Navarre 0 0
Basque Country 6595 5323 -19.3%
La Rioja 9252 9152 -1.1%
Ceuta & Melilla 653 693 6.1%
TOTAL 491693 476938 -3.0%

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 regions 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 regions 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%

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 our network of local partners directly!

 

 

 

 

 

Stéphane 

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

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