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Last Updated on 17/07/2023 by STEPHANE
Spanish real estate price evolution up to December 2022: +3.3% Yr/Yr
Welcome to one of the most detailed resources available on Spanish property prices. In this report, you will find all our resources on the 20 biggest Spanish real estate markets.
Don’t miss our last update: Where are foreigners buying real estate in Spain? What price do they pay? How active are they?
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Spanish property prices evolution over the last quarter
Let’s start with the Spanish real estate national average: the price per square meter is €1,749 on average in Spain as of the end of December 2022. This means that Spanish real estate prices evolved
- by +3.3% during the last year from €1,694/m² (+3.3% 3 months ago)
- by +0.5% during the last quarter (+0% 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. As the Corona crisis started, prices started to decrease in June 2020. Of course, due to the lockdowns and the Corona situation, transaction volume was lower in 2020 but activity is back: 734,058 properties were sold over the last 12 months to September 2022 a 15% year-on-year increase.
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 have the property transaction history per quarter.
On mobile, scroll left or right to see all the chart.
The lowest price reached since the financial crisis of 2007 was €1,456/m² in the third quarter of 2014 while the highest was €2,101.4/m² in the first quarter of 2008.
What are the regions with the biggest increases and decreases?
The top performers for the Spanish real estate market over the last quarter are:
Sorted by price evolution over the last 3 months, fourth column
On mobile, hold a horizontal position if needed.
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Sevilla 1 428 € 3,7% 3,5% 26 100 7% Santa Cruz de Tenerife 1 555 € 3,8% 3,4% 15 228 42% Huelva 1 200 € 3,3% 3,3% 8 734 6% Valladolid 1 290 € 0,2% 3,2% 6 881 6% Navarra (Comunidad Foral de) 1 547 € 6,1% 3,0% 7 938 12% Segovia 1 061 € 7,5% 3,0% 2 521 2% Melilla 1 815 € 8,7% 2,8% 697 -9% Granada 1 230 € 5,5% 2,7% 16 292 23% Lleida 1 058 € 2,0% 2,5% 6 244 3% Zaragoza 1 408 € 5,1% 2,2% 13 260 6% Huesca 1 185 € 1,4% 2,0% 3 826 13% Aragón 1 290 € 4,2% 1,8% 19 095 8% Soria 919 € 4,7% 1,7% 1 566 21% Valencia/València 1 309 € 3,0% 1,5% 43 732 10% Ceuta y Melilla 1 823 € 7,2% 1,5% 1 322 -11% Ciudad Real 730 € 2,1% 1,4% 6 104 12% Toledo 892 € 1,4% 1,3% 12 644 16% The worst-performing Spanish property markets over the last quarter are:
Sorted by price evolution over the last 3 months, fourth column
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Cuenca 769 € -3,2% -3,0% 2 560 5% Cantabria 1 513 € 3,1% -2,9% 9 645 7% Teruel 767 € 0,1% -2,9% 2 009 12% Lugo 882 € -1,2% -2,1% 3 691 1% Salamanca 1 176 € -0,6% -1,8% 4 526 17% Badajoz 880 € 1,4% -1,4% 7 695 11% Pontevedra 1 344 € 3,2% -1,2% 8 355 9% Burgos 1 161 € 2,0% -1,2% 6 159 14% Almería 1 147 € -0,8% -1,1% 16 251 17% Bizkaia 2 445 € 2,2% -1,1% 13 632 11% Palmas (Las) 1 684 € 2,9% -1,1% 16 786 36% Galicia 1 257 € 2,6% -0,9% 20 071 -17% Alicante/Alacant 1 402 € 2,0% -0,7% 58 797 36% Araba/Alava 2 035 € -0,1% -0,5% 2 998 -12% Murcia (Región de) 1 026 € -0,1% -0,5% 26 030 15% Coruña (A) 1 308 € 3,2% -0,4% 9 247 -12% Extremadura 864 € 0,1% -0,4% 12 994 17% País Vasco 2 517 € 2,5% -0,3% 25 626 12% Cádiz 1 467 € 2,8% -0,2% 19 051 9% Ourense 931 € 2,7% -0,1% 2 621 9% 
Here is the alphabetical ranking of all the regions’ real estate price evolution in the last quarter:
Interactive chart
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Spanish property prices evolution over the last year
The Spanish cities with the strongest real estate price increases for the year are:
Sorted by price evolution over the last 12 months,
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Guadalajara 1 240 € 9,0% 0,8% 5 403 8% Melilla 1 815 € 8,7% 2,8% 697 -9% Málaga 2 072 € 7,8% 0,3% 45 565 32% Segovia 1 061 € 7,5% 3,0% 2 521 2% Ceuta y Melilla 1 823 € 7,2% 1,5% 1 322 -11% Navarra (Comunidad Foral de) 1 547 € 6,1% 3,0% 7 938 12% Ceuta 1 853 € 5,9% 0,2% 625 -14% Balears (Illes) 2 697 € 5,9% 0,7% 19 538 23% Granada 1 230 € 5,5% 2,7% 16 292 23% Zaragoza 1 408 € 5,1% 2,2% 13 260 6% Ávila 879 € 4,7% 0,9% 3 226 32% Soria 919 € 4,7% 1,7% 1 566 21% Andalucía 1 432 € 4,7% 1,2% 148 947 17% Madrid (Comunidad de) 2 888 € 4,6% 0,5% 91 606 7% Palencia 928 € 4,2% 1,2% 2 046 6% Aragón 1 290 € 4,2% 1,8% 19 095 8% Gipuzkoa 2 876 € 4,0% 1,1% 8 087 13% Rioja (La) 1 142 € 3,9% 0,9% 4 154 -16% Santa Cruz de Tenerife 1 555 € 3,8% 3,4% 15 228 42% Sevilla 1 428 € 3,7% 3,5% 26 100 7% Canarias 1 619 € 3,4% 1,1% 32 014 39% Huelva 1 200 € 3,3% 3,3% 8 734 6% 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 Castellón/Castelló 1 068 € -3,4% 0,3% 12 402 3% Cuenca 769 € -3,2% -3,0% 2 560 5% Zamora 796 € -2,5% 0,8% 2 178 13% Cáceres 842 € -1,9% 1,2% 5 299 26% Lugo 882 € -1,2% -2,1% 3 691 1% Almería 1 147 € -0,8% -1,1% 16 251 17% Salamanca 1 176 € -0,6% -1,8% 4 526 17% Murcia (Región de) 1 026 € -0,1% -0,5% 26 030 15% Araba/Alava 2 035 € -0,1% -0,5% 2 998 -12% Here is the Alphabetical ranking of all the regions’ real estate price evolution for the last year:
Interactive chart
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The most expensive real estate markets in Spain
up to End December 2022 are, Sorted by price, second column
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Madrid (Comunidad de) 2 888 € 4,6% 0,5% 91 606 7% Gipuzkoa 2 876 € 4,0% 1,1% 8 087 13% Balears (Illes) 2 697 € 5,9% 0,7% 19 538 23% Barcelona 2 526 € 3,0% 0,7% 72 067 11% País Vasco 2 517 € 2,5% -0,3% 25 626 12% Bizkaia 2 445 € 2,2% -1,1% 13 632 11% Cataluña 2 145 € 2,6% 0,7% 112 417 12% Málaga 2 072 € 7,8% 0,3% 45 565 32% Araba/Alava 2 035 € -0,1% -0,5% 2 998 -12% Ceuta 1 853 € 5,9% 0,2% 625 -14% Ceuta y Melilla 1 823 € 7,2% 1,5% 1 322 -11% Melilla 1 815 € 8,7% 2,8% 697 -9% TOTAL NACIONAL 1 749 € 3,3% 0,5% 734 058 15% with the National Spanish Average at 1,749 €/m².
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The cheapest real estate markets in Spain
up to End December 2022 are, Sorted by price, second column
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Ciudad Real 730 € 2,1% 1,4% 6 104 12% Teruel 767 € 0,1% -2,9% 2 009 12% Cuenca 769 € -3,2% -3,0% 2 560 5% Jaén 793 € 1,5% 0,7% 7 387 13% Zamora 796 € -2,5% 0,8% 2 178 13% Cáceres 842 € -1,9% 1,2% 5 299 26% Extremadura 864 € 0,1% -0,4% 12 994 17% León 874 € 2,8% 0,4% 5 480 18% Ávila 879 € 4,7% 0,9% 3 226 32% Badajoz 880 € 1,4% -1,4% 7 695 11% Lugo 882 € -1,2% -2,1% 3 691 1% Toledo 892 € 1,4% 1,3% 12 644 16% Castilla-La Mancha 919 € 2,5% 0,6% 24 676 -11% Soria 919 € 4,7% 1,7% 1 566 21% Palencia 928 € 4,2% 1,2% 2 046 6% Ourense 931 € 2,7% -0,1% 2 621 9% Albacete 935 € 1,7% 0,6% 4 670 17% Murcia (Región de) 1 026 € -0,1% -0,5% 26 030 15% Castilla y León 1 052 € 1,8% 0,7% 34 583 14% Lleida 1 058 € 2,0% 2,5% 6 244 3% Segovia 1 061 € 7,5% 3,0% 2 521 2% Castellón/Castelló 1 068 € -3,4% 0,3% 12 402 3% Córdoba 1 116 € 2,2% 0,1% 9 567 7% with the National Spanish Average at 1,749 €/m².
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The most active Spanish real estate markets
The real estate markets with the most transaction in Spain up to the end of December 2022 are, Sorted by the number of transactions over the last 12 months, fourth column
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution TOTAL NACIONAL 1 749 € 3,3% 0,5% 734 058 15% Andalucía 1 432 € 4,7% 1,2% 148 947 17% Comunidad Valenciana 1 318 € 1,8% 0,4% 114 931 21% Cataluña 2 145 € 2,6% 0,7% 112 417 12% Madrid (Comunidad de) 2 888 € 4,6% 0,5% 91 606 7% Barcelona 2 526 € 3,0% 0,7% 72 067 11% Alicante/Alacant 1 402 € 2,0% -0,7% 58 797 36% Málaga 2 072 € 7,8% 0,3% 45 565 32% Valencia/València 1 309 € 3,0% 1,5% 43 732 10% Castilla y León 1 052 € 1,8% 0,7% 34 583 14% Canarias 1 619 € 3,4% 1,1% 32 014 39% Sevilla 1 428 € 3,7% 3,5% 26 100 7% Murcia (Región de) 1 026 € -0,1% -0,5% 26 030 15% País Vasco 2 517 € 2,5% -0,3% 25 626 12% Castilla-La Mancha 919 € 2,5% 0,6% 24 676 -11% Galicia 1 257 € 2,6% -0,9% 20 071 -17% -
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 faster growth in terms of transitions to End September 2022, 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 Santa Cruz de Tenerife 1 555 € 3,8% 3,4% 15 228 42% Canarias 1 619 € 3,4% 1,1% 32 014 39% Alicante/Alacant 1 402 € 2,0% -0,7% 58 797 36% Palmas (Las) 1 684 € 2,9% -1,1% 16 786 36% Málaga 2 072 € 7,8% 0,3% 45 565 32% Ávila 879 € 4,7% 0,9% 3 226 32% Cáceres 842 € -1,9% 1,2% 5 299 26% Granada 1 230 € 5,5% 2,7% 16 292 23% Balears (Illes) 2 697 € 5,9% 0,7% 19 538 23% Soria 919 € 4,7% 1,7% 1 566 21% Comunidad Valenciana 1 318 € 1,8% 0,4% 114 931 21% León 874 € 2,8% 0,4% 5 480 18% Salamanca 1 176 € -0,6% -1,8% 4 526 17% Girona 1 671 € 2,0% 0,2% 16 366 17% Andalucía 1 432 € 4,7% 1,2% 148 947 17% Albacete 935 € 1,7% 0,6% 4 670 17% Extremadura 864 € 0,1% -0,4% 12 994 17% Almería 1 147 € -0,8% -1,1% 16 251 17% Toledo 892 € 1,4% 1,3% 12 644 16% Murcia (Región de) 1 026 € -0,1% -0,5% 26 030 15% TOTAL NACIONAL 1 749 € 3,3% 0,5% 734 058 15% Check this very interesting infographic comparing transaction growth, price per m² and price evolution over the last year: -
The least active property markets in Spain
Here are the Spanish cities registering the least transactions End of September 2022, 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 Ceuta 1 850 € 2,9% -0,1% 625 -14% Melilla 1 765 € 3,9% -0,4% 697 -9% Ceuta y Melilla 1 797 € 3,4% -0,2% 1 322 -11% Soria 904 € -1,1% -3,0% 1 566 21% Teruel 789 € 4,9% 3,0% 2 009 12% Palencia 916 € -1,4% -3,0% 2 046 6% Zamora 789 € -0,3% 0,4% 2 178 13% Segovia 1 030 € 4,6% -2,2% 2 521 2% Cuenca 793 € 3,5% -0,2% 2 560 5% Ourense 933 € 4,7% 0,4% 2 621 9% Araba/Alava 2 046 € 3,6% -0,1% 2 998 -12% Ávila 871 € 3,2% 2,6% 3 226 32% Lugo 901 € 2,3% -1,2% 3 691 1% Albacete 929 € 2,8% -0,6% 3 761 -6% Huesca 1 162 € -1,1% -2,5% 3 826 13% Rioja (La) 1 132 € 2,0% -2,0% 4 154 -16% Salamanca 1 198 € 1,7% -1,6% 4 526 17% Cáceres 832 € -0,7% -1,2% 5 299 26% Guadalajara 1 230 € 7,6% 3,2% 5 403 8% León 871 € 1,2% 0,4% 5 480 18% Gipuzkoa 2 843 € 3,9% 1,6% 5 711 -20% Ciudad Real 720 € 1,1% -1,7% 6 104 12% Burgos 1 175 € 4,6% 2,4% 6 159 14% Lleida 1 032 € 3,7% -2,4% 6 244 3% Valladolid 1 251 € -0,3% -3,0% 6 881 6% Córdoba 1 115 € 2,0% -0,1% 7 191 -20% Jaén 788 € 0,2% -1,4% 7 387 13% Badajoz 892 € 2,4% -0,9% 7 695 11% Cantabria 1 558 € 5,2% 3,2% 7 800 -14% Navarra (Comunidad Foral de) 1 502 € 5,2% -1,2% 7 938 12% Pontevedra 1 361 € 7,1% -0,5% 8 355 9% Huelva 1 162 € 3,8% 2,2% 8 734 6% Coruña (A) 1 314 € 3,0% 1,0% 9 247 -12% -
Price evolution of the main regions since 2006
2014 is the year when Spanish property prices reached the bottom.
Here is a downloadable format of the chart if you want to save it:
As you can see on this chart, Spanish real estate prices (thick orange line) got their lowest price point in early 2014 since the crisis of 2008. Since early 2014, real estate prices are rising and reached 1,749€/m² by the end of December 2022. If you look at prices in general, yes we can talk again about growth but if you compare those to the levels of 2008 or to European real estate prices, you can still find bargains. Furthermore, real estate prices remain lower than the prices of early 2005 which were at 1680€ per square meter.
The 3 winning regions since 2014
The market in Spain is divided into two groups since 2014: the regions with rising prices: Barcelona, Madrid and the Balearic Islands and all the other regions where the prices have stabilized or are increasing modestly.
Is it easy to buy in Spain?
It is really 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 bought properties in Spain and we developed a network of reliable partners in order to assist foreigners in their purchases of Spanish property.
We wrote this detailed article to help you out: Our ultimate 2023 guide to buying your property in Spain, you will get most of our tricks there.
Don’t forget, if you are buying in Spain as a foreigner, you could have two different motives:
- Pleasure
- Investment
or the two combined. Depending on what is (are) your own motivation (s) your criteria will be different.
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Price evolution since 1995 for the top 20 Spanish cities
We have created huge databases with all this information updated quarterly for all the Spanish cities. For each of those, you will find the last quarterly prices and transaction data available. Please note that transactions are published after prices which is why from time to time, the transactions could be given for the quarter before the one with prices. We did the same for each Spanish city: price and transaction information, an interactive chart (always up to date with our database), the resources available in the city and an image of the real estate price evolution between 1995 and September 2021 (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: €1,402 /m², +2% yr/yr
Real estate transactions for Alicante – last year: 58,797, +36%
Have a look at our interactive Alicante real estate price chart:
Real estate prices in Alicante remain on average 20% lower than the national average and close to the lowest reached since the crisis of 2008.
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 a 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: €1,147 /m², -0.8% yr/yr
Transactions for the Almeria property market: 16,251 +17%
Have a look at our interactive Almeria real estate price chart:
Real estate prices in Almeria remain on average 25% lower than the national average and close to the lowest reached since the crisis of 2008.
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!
Barcelona real estate prices: €2,526 /m², +3% yr/yr
Transactions for the real estate market in Barcelona: 72,067 +11%
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 rebounded about 15% from the lowest levels reached since the crisis of 2008. If you take into account 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!
Cadiz property prices: €1,467 /m², +2.8% yr/yr
Property transactions for Cadiz: 19,051 +9%
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 close to the lowest reached since the crisis of 2008.
- Our article on Cadiz: The real estate market in Cadiz, 2017
- Check our infographic on the Costa de la Luz with all the activities 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, 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!
Castellón, Castelló real estate prices: €1,068/m², -3.4% yr/yr
Real estate transactions for Castellón, Castelló: 12,402 +3%
Have a look at our interactive Castelló real estate price chart:
Real estate prices in Castellon remain on average 30% lower than the national average and close to the lowest reached since the crisis of 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, 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!
Girona property prices: €1,671/m², +2% yr/yr
Property transactions for the real estate market in Girona: 16,366 +17%
Have a look at our interactive Girona real estate price chart:
Real estate prices in Girona followed the national prices as if Girona was the national market really funny! Check these two charts!
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!
Ibiza real estate prices/Balearic Islands: €2,697 /m², +5.9% yr/yr
Property transactions for the Balearic Islands are: 19,538 +23%
Have a look at our interactive Ibiza real estate price chart:
Real Estate prices in Mallorca are 40% higher than the national average and back to their best prices reached in 2007. Activity is strong as nearly back to the pre-covid period.
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!
Las Palmas de Gran Canaria property prices: €1,684/m², +2.9% yr/yr
Real estate transactions for Las Palmas: 16,786 +36%
Have a look at our interactive Las Palmas real estate price chart:
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!
Madrid real estate prices: €2,888 /m², +4.6% yr/yr
Property transactions for Madrid: 91,606 +7%
Have a look at our interactive Madrid real estate price chart:
Real estate prices in Madrid are leading the charge and are 45% higher than the national average. They rebounded by about 13% from the lowest levels seen since 2008. If you take into account 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!
Málaga property prices: €2,072 /m², +7.8% yr/yr
Property transactions for Málaga: 45,565 +32%
Have a look at our Málaga real estate price chart:
Real estate prices in Málaga are about 8% higher than the national average and rebounded by a little bit more than 10% from the lows seen since 2008.
Looking for a property hunter in Málaga? Here are our property hunters in Málaga. Here is one of the last property-hunting deals done by them:
Here are our other resources on Málaga:
- Our articles on Málaga: Malaga: an emerging city to buy second homes, Malaga is always a place for your dream house
- Our article on the Costa del Sol: Everything you ever wanted to know about the Costa del Sol.
- Check the monthly weather statistics for Málaga
- Check our Citytrip ePostcards on Málaga
- Check some of our experts in our local network in Málaga: Real estate Lawyers in Málaga, Property hunters in Málaga, Architects in Málaga, How to find a mortgage in Málaga all assisting you in your language
- Find your local experts in Málaga within our network, it’s free!
Palma de Mallorca real estate prices/Balearic Islands: €2,697 /m², +3% yr/yr
Real estate transactions for the Balearic Islands: 19,538 +23%
Have a look at our Mallorca real estate price chart:
Real Estate prices in Mallorca are 40% higher than the national average and rebounded by 15% since 2008.
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!
Murcia property prices: €1,026 /m², -0.1% yr/yr
Property transactions for the property market in Murcia: 26,030 +15%
Have a look at our Murcia real estate price chart:
Real estate prices in Murcia are about 35% below the national average. They remain at the lowest levels seen since 2008.
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!
Santa Cruz Tenerife property prices: €1,555/m², +3.8% yr/yr
Real estate transactions for Santa Cruz de Tenerife: 15,228 +42%
Have a look at our Tenerife real estate price chart:
Real estate prices in Tenerife rebounded by more than 10% since the bottom of the period between now and 2018 but remain on average, 15% lower than the national average. 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!
Seville real estate prices: €1,428 /m², +3.7% yr/yr
Transactions for the real estate market in Sevilla are strong: 26,100 +7%
Have a look at our Seville real estate price chart:
Real estate prices in Sevilla are 20% lower than the national average and close to the lowest prices seen since 2008.
- Our article on Sevilla: Discover the charm of the south and invest in Seville
- Check our infographic on the Costa de la Luz with all the activities 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!
Valencia property prices: €1,309 /m², +3% yr/yr
Real estate transactions for the property market in Valencia: 43,732 +10%
Have a look at our Valencia real estate price chart:
Real estate prices in Valencia are about 25% under the national average. At the same time, it is the third city in Spain in terms of inhabitants! A bargain to check quickly?
- Have a look at the feedback on 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!
Valladolid real estate prices: €1,290 /m², +0.3% yr/yr
Property transactions for Valladolid: 6,881 +6%
Have a look at our Valladolid real estate price chart:
Real estate prices in Valladolid are more than 20% under national averages and at bottom of prices reached during the last 10 years.
- 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!
Zaragossa property prices: €1,408 /m², +5.1% yr/yr
Property transactions for Saragossa: 13,260 +6%
Have a look at our Saragossa real estate price chart:
Zaragoza real estate prices are about 20% lower than national averages.
- 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!
Source: Ministerio de Fomento
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 2023 guide to buying your property in Spain.
And here is our Spanish real estate outlook for 2023.
Find our detailed maps and articles on the Spanish Costas here.
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Looking for an expert in Spain? Ask us directly!
Senior analyst and strategist at HTBIS
Check the full HTBIS team here
FAQ
Are property prices in Spain falling?
After the Covid period, where prices stayed stable to negative, real estate prices in Spain recovered and are at 1,749€ per square meter in Spain end of December 2022.
Is now a good time to buy a Spanish property?
The important thing with Spain real estate is that the market is not red hot as in 2007 or as in many countries in the world in 2022. Housing is not too expensive at 1,741€ per square meter in Spain end of June 2022. If you compare those to international cities and take into account the quality of life and the cost of life, prices are really not expensive.
What is the best place to live in Spain?
You have many choices. The first question to ask yourself: city or countryside? The second one is the proximity to the beaches. And as a foreigner, proximity to the airport is one of the main questions. Don't miss our full guide to searching for your ideal property in Spain. Of course, Madrid, Barcelona, Valencia, and Malaga are some of the most loved cities in Spain.
Can you buy property in Spain without being a resident?
Yes, not a problem. We do have lawyers in our network of local partners to assist you with all the paperwork.
