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Our Spanish house price quarterly analysis up to June 2022: +5.5% 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: What are the impacts of Coronavirus on the Spanish Real Estate Market?
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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 €1,741 on average in Spain as of the end of June 2022. This means that Spanish real estate prices evolved
- by +5.5% during the last year from €1,625/m² (+6.7% 3 months ago)
- by +0.4% during the last quarter (+2.4% 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: 704,513 properties were sold over the last 12 months to March 2022 a 37% year-on-year increase. Have a look at our interactive 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 quarter:
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 Palencia 944 € 4,5% 3,7% 1 994 20% Salamanca 1 218 € 6,7% 3,3% 4 293 33% Araba/Alava 2 049 € 1,9% 3,2% 3 424 19% Cantabria 1 510 € 2,8% 3,1% 9 804 36% Segovia 1 054 € 9,4% 3,0% 2 510 20% Cuenca 795 € 1,1% 3,0% 2 650 41% Pontevedra 1 368 € 7,2% 2,8% 8 239 31% Lugo 912 € 4,1% 2,7% 3 810 26% Soria 932 € 5,7% 2,6% 1 551 43% Rioja (La) 1 155 € 6,1% 2,4% 5 534 38% Galicia 1 266 € 4,9% 2,3% 25 698 28% Coruña (A) 1 300 € 3,5% 2,2% 8 703 1% Badajoz 901 € 4,8% 2,1% 7 098 20% Ceuta 1 851 € 3,0% 2,0% 699 16% Ceuta y Melilla 1 801 € 4,0% 2,0% 1 428 14% Melilla 1 772 € 4,9% 2,0% 729 13% Madrid (Comunidad de) 2 900 € 9,0% 1,9% 90 773 28% Palmas (Las) 1 711 € 5,6% 1,8% 14 820 54% Málaga 2 016 € 8,8% 1,8% 42 053 60% Zaragoza 1 385 € 7,9% 1,7% 12 726 22% Extremadura 877 € 3,9% 1,4% 11 892 30%
As a reminder, the top performers for the March 2022 quarter were:City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Melilla 1 738 € 5,5% 4,0% 719 24% Ceuta y Melilla 1 766 € 3,5% 3,9% 1 391 18% Ceuta 1 814 € 1,6% 3,7% 672 13% Segovia 1 023 € 4,7% 3,6% 2 448 24% Navarra (Comunidad Foral de) 1 510 € 6,4% 3,5% 7 182 29% Guadalajara 1 176 € 6,1% 3,4% 5 326 33% Soria 908 € -0,9% 3,4% 1 332 24% Barcelona 2 536 € 6,1% 3,4% 67 633 39% Tarragona 1 404 € 11,1% 3,3% 16 461 48% Cataluña 2 160 € 7,1% 3,3% 104 834 41% Madrid (Comunidad de) 2 846 € 9,5% 3,1% 88 223 33% Málaga 1 981 € 9,8% 3,1% 38 415 49% Girona 1 690 € 10,6% 3,1% 14 720 41% Granada 1 200 € 6,4% 3,0% 14 556 40% León 875 € 2,3% 2,9% 4 847 28% Bizkaia 2 461 € 4,0% 2,9% 12 948 28% Córdoba 1 124 € 2,1% 2,8% 9 248 32% Toledo 905 € 8,9% 2,8% 11 673 39% Lleida 1 065 € 6,6% 2,7% 6 020 37% Palmas (Las) 1 681 € 6,3% 2,7% 13 199 41% Rioja (La) 1 129 € 4,6% 2,6% 5 219 34% Alicante/Alacant 1 411 € 8,7% 2,6% 47 173 41% Sevilla 1 412 € 7,9% 2,6% 25 274 39% Balears (Illes) 2 611 € 10,5% 2,5% 17 757 58% Burgos 1 168 € 4,4% 2,5% 5 546 30% TOTAL NACIONAL 1 734 € 6,7% 2,4% 672 289 38% The worst performers for the quarter:
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 Huelva 1 137 € 3,0% -3,1% 8 994 44% Murcia (Región de) 1 016 € 1,6% -2,7% 25 155 36% Sevilla 1 374 € 3,0% -2,7% 26 192 34% Toledo 884 € 4,0% -2,3% 12 498 40% Burgos 1 147 € 3,2% -1,8% 5 743 25% Tarragona 1 381 € 6,3% -1,6% 16 957 41% Zamora 786 € -2,1% -1,6% 2 061 29% Teruel 766 € 1,0% -1,2% 1 996 35% Santa Cruz de Tenerife 1 495 € 4,8% -1,0% 12 970 58% Barcelona 2 511 € 4,4% -1,0% 69 718 35% Cataluña 2 140 € 4,8% -0,9% 108 341 37% León 867 € 3,5% -0,8% 5 018 26% Almería 1 152 € 3,0% -0,8% 15 610 46% Gipuzkoa 2 798 € 1,7% -0,8% 7 191 7% Alicante/Alacant 1 401 € 6,1% -0,7% 52 449 59% Lleida 1 058 € 2,9% -0,7% 6 083 26% Córdoba 1 116 € 0,8% -0,6% 7 295 -3% Castellón/Castelló 1 085 € 3,1% -0,5% 12 779 47% Cádiz 1 439 € 2,4% -0,4% 15 393 14% Bizkaia 2 453 € 3,8% -0,3% 12 960 21% Comunidad Valenciana 1 316 € 5,7% -0,3% 108 050 49% Girona 1 686 € 6,7% -0,2% 15 583 44% Andalucía 1 397 € 5,2% -0,2% 144 276 44%
As a reminder, the worst performers for the March 2022 quarter were:City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Cuenca 772 € 1,3% -2,8% 2 552 45% Araba/Alava 1 985 € -1,6% -2,5% 3 360 33% Cáceres 839 € 1,7% -2,3% 4 414 52% Zamora 799 € -4,2% -2,1% 2 021 42% Castellón/Castelló 1 090 € 5,2% -1,4% 12 533 51% Valladolid 1 277 € 4,7% -0,8% 6 791 35% Lugo 887 € 3,9% -0,5% 3 815 41% Salamanca 1 179 € 2,7% -0,4% 4 049 31% Cantabria 1 465 € 1,6% -0,2% 9 442 37% 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 price increases for the year:
Sorted by price evolution over the last 12 months,
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Segovia 1 054 € 9,4% 3,0% 2 510 20% Madrid (Comunidad de) 2 900 € 9,0% 1,9% 90 773 28% Málaga 2 016 € 8,8% 1,8% 42 053 60% Granada 1 210 € 8,6% 0,8% 15 307 41% Zaragoza 1 385 € 7,9% 1,7% 12 726 22% Navarra (Comunidad Foral de) 1 520 € 7,8% 0,7% 7 198 17% Balears (Illes) 2 631 € 7,6% 0,7% 19 023 65% Pontevedra 1 368 € 7,2% 2,8% 8 239 31% Salamanca 1 218 € 6,7% 3,3% 4 293 33% Aragón 1 275 € 6,7% 1,2% 18 465 25% Girona 1 686 € 6,7% -0,2% 15 583 44% Guadalajara 1 192 € 6,6% 1,3% 5 470 33% Tarragona 1 381 € 6,3% -1,6% 16 957 41% Alicante/Alacant 1 401 € 6,1% -0,7% 52 449 59% Rioja (La) 1 155 € 6,1% 2,4% 5 534 38% Valencia/València 1 301 € 6,0% 0,2% 42 822 39% Soria 932 € 5,7% 2,6% 1 551 43% Comunidad Valenciana 1 316 € 5,7% -0,3% 108 050 49% Palmas (Las) 1 711 € 5,6% 1,8% 14 820 54% TOTAL NACIONAL 1 741 € 5,5% 0,4% 704 513 37%
while the top performers for the last year up to the end of December were:City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Tarragona 1 404 € 11,1% 3,3% 16 461 48% Girona 1 690 € 10,6% 3,1% 14 720 41% Balears (Illes) 2 611 € 10,5% 2,5% 17 757 58% Málaga 1 981 € 9,8% 3,1% 38 415 49% Madrid (Comunidad de) 2 846 € 9,5% 3,1% 88 223 33% Toledo 905 € 8,9% 2,8% 11 673 39% Alicante/Alacant 1 411 € 8,7% 2,6% 47 173 41% Valencia/València 1 299 € 8,6% 2,2% 41 372 43% Huelva 1 173 € 8,2% 1,0% 8 691 44% Comunidad Valenciana 1 320 € 8,2% 2,0% 101 078 43% Sevilla 1 412 € 7,9% 2,6% 25 274 39% Zaragoza 1 362 € 7,6% 1,7% 12 414 27% Andalucía 1 400 € 7,4% 2,3% 136 270 42% Cataluña 2 160 € 7,1% 3,3% 104 834 41% Almería 1 162 € 6,9% 0,4% 14 757 44% TOTAL NACIONAL 1 734 € 6,7% 2,4% 672 289 38%
The worst performers for the year: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 Zamora 786 € -2,1% -1,6% 2 061 29%
Remember, the worst performers for the year up to March 2022 were:Sorted by price evolution over the last 12 months, fourth column
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Zamora 799 € -4,2% -2,1% 2 021 42% Araba/Alava 1 985 € -1,6% -2,5% 3 360 33% Soria 908 € -0,9% 3,4% 1 332 24% 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
End June 2022, Sorted by price, second column
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Madrid (Comunidad de) 2 900 € 9,0% 1,9% 90 773 28% Gipuzkoa 2 798 € 1,7% -0,8% 7 191 7% Balears (Illes) 2 631 € 7,6% 0,7% 19 023 65% Barcelona 2 511 € 4,4% -1,0% 69 718 35% País Vasco 2 500 € 2,8% -0,1% 23 575 16% Bizkaia 2 453 € 3,8% -0,3% 12 960 21% Cataluña 2 140 € 4,8% -0,9% 108 341 37% Araba/Alava 2 049 € 1,9% 3,2% 3 424 19% Málaga 2 016 € 8,8% 1,8% 42 053 60% Ceuta 1 851 € 3,0% 2,0% 699 16% Ceuta y Melilla 1 801 € 4,0% 2,0% 1 428 14% Melilla 1 772 € 4,9% 2,0% 729 13% TOTAL NACIONAL 1 741 € 5,5% 0,4% 704 513 37% with the National Spanish Average at 1,741 €/m².
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The cheapest real estate markets in Spain
End June 2022, Sorted by price, second column
City / Region Price Yr Price Evolution Qtr Price Evolution Number of Transactions Transaction Evolution Ciudad Real 732 € 3,0% 0,4% 5 794 29% Teruel 766 € 1,0% -1,2% 1 996 35% Zamora 786 € -2,1% -1,6% 2 061 29% Cuenca 795 € 1,1% 3,0% 2 650 41% Jaén 799 € 2,8% 0,3% 7 123 30% Cáceres 842 € 2,3% 0,4% 4 794 48% Ávila 849 € 3,9% 0,1% 2 829 35% León 867 € 3,5% -0,8% 5 018 26% Extremadura 877 € 3,9% 1,4% 11 892 30% Toledo 884 € 4,0% -2,3% 12 498 40% Badajoz 901 € 4,8% 2,1% 7 098 20% Lugo 912 € 4,1% 2,7% 3 810 26% Castilla-La Mancha 913 € 3,5% 0,0% 24 012 6% Ourense 929 € 4,2% 1,1% 2 561 23% Soria 932 € 5,7% 2,6% 1 551 43% Albacete 934 € 1,5% 1,0% 4 305 29% Palencia 944 € 4,5% 3,7% 1 994 20% with the National Spanish Average at 1,741 €/m².
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The most active Spanish real estate market
End June 2022, 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 1 741 € 5,5% 0,4% 704 513 37% Andalucía 1 397 € 5,2% -0,2% 144 276 44% Cataluña 2 140 € 4,8% -0,9% 108 341 37% Comunidad Valenciana 1 316 € 5,7% -0,3% 108 050 49% Madrid (Comunidad de) 2 900 € 9,0% 1,9% 90 773 28% Barcelona 2 511 € 4,4% -1,0% 69 718 35% Alicante/Alacant 1 401 € 6,1% -0,7% 52 449 59% Valencia/València 1 301 € 6,0% 0,2% 42 822 39% Málaga 2 016 € 8,8% 1,8% 42 053 60% Castilla y León 1 052 € 4,0% 0,7% 32 907 28% Canarias 1 602 € 5,3% 0,5% 27 790 56% Sevilla 1 374 € 3,0% -2,7% 26 192 34% Galicia 1 266 € 4,9% 2,3% 25 698 28% Murcia (Región de) 1 016 € 1,6% -2,7% 25 155 36% Castilla-La Mancha 913 € 3,5% 0,0% 24 012 6% País Vasco 2 500 € 2,8% -0,1% 23 575 16% Balears (Illes) 2 631 € 7,6% 0,7% 19 023 65% -
The fastest growing real estate markets
(or least decreasing in case evolution is negative)
End June 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 Balears (Illes) 2 631 € 7,6% 0,7% 19 023 65% Málaga 2 016 € 8,8% 1,8% 42 053 60% Alicante/Alacant 1 401 € 6,1% -0,7% 52 449 59% Santa Cruz de Tenerife 1 495 € 4,8% -1,0% 12 970 58% Canarias 1 602 € 5,3% 0,5% 27 790 56% Palmas (Las) 1 711 € 5,6% 1,8% 14 820 54% Comunidad Valenciana 1 316 € 5,7% -0,3% 108 050 49% Cáceres 842 € 2,3% 0,4% 4 794 48% Castellón/Castelló 1 085 € 3,1% -0,5% 12 779 47% Almería 1 152 € 3,0% -0,8% 15 610 46% Andalucía 1 397 € 5,2% -0,2% 144 276 44% Huelva 1 137 € 3,0% -3,1% 8 994 44% Girona 1 686 € 6,7% -0,2% 15 583 44% Soria 932 € 5,7% 2,6% 1 551 43% Granada 1 210 € 8,6% 0,8% 15 307 41% Tarragona 1 381 € 6,3% -1,6% 16 957 41% Cuenca 795 € 1,1% 3,0% 2 650 41% Toledo 884 € 4,0% -2,3% 12 498 40% Valencia/València 1 301 € 6,0% 0,2% 42 822 39% Rioja (La) 1 155 € 6,1% 2,4% 5 534 38% TOTAL NACIONAL 1 741 € 5,5% 0,4% 704 513 37% 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
End of June 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 Córdoba 1 116 € 0,8% -0,6% 7 295 -3% Coruña (A) 1 300 € 3,5% 2,2% 8 703 1% Castilla-La Mancha 913 € 3,5% 0,0% 24 012 6% Gipuzkoa 2 798 € 1,7% -0,8% 7 191 7% Melilla 1 772 € 4,9% 2,0% 729 13% Cádiz 1 439 € 2,4% -0,4% 15 393 14% Ceuta y Melilla 1 801 € 4,0% 2,0% 1 428 14% Ceuta 1 851 € 3,0% 2,0% 699 16% País Vasco 2 500 € 2,8% -0,1% 23 575 16% Navarra (Comunidad Foral de) 1 520 € 7,8% 0,7% 7 198 17% Araba/Alava 2 049 € 1,9% 3,2% 3 424 19% -
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 its lowest price point in early 2014 since the crisis of 2008. Since early 2014, real estate prices are rising and reached 1,741€/m² end of June 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 surprise, 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 a Spanish property.
We wrote this detailed article to help you out: Our ultimate 2021 guide to buying your property in Spain, you will get most of our tips 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 transactions data available. Please note that transactions are published after prices that is why from time to time, the transactions could be given for the quarter before the one of prices. We did the same for each Spanish cities: price and transaction information, interactive chart (always up to date with our database), the resources available on 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 property prices: €1,401 /m², +6.1% yr/yr
Transactions for Alicante – last year: 52,449, +59%
Prices in Alicante remain on average 20% lower than the national average and close to the lowest reached since the crisis of 2008.
Alicante property prices to September 2021
Almeria property prices: €1,152 /m², +3% yr/yr
Transactions for Almeria property market: 15,610 +46%
Prices in Almeria remain on average 25% lower than the national average and close to the lowest reached since the crisis of 2008.
- 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!
Almeria property prices to September 2021
Barcelona property prices: €2,511 /m², +4.4% yr/yr
Transactions for the real estate market in Barcelona: 69,718 +35%
Prices in Barcelona are on average 40% higher than the national average and rebounded about 15% of 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.
- 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!
Barcelona property prices evolution to September 2021
Cadiz property prices: €1,439 /m², +2.4% yr/yr
Transactions for Cadiz: 15,393 +14%
Prices in Cadiz remain on average 15% lower than the national average and close 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!
Cadiz property prices evolution to September 2021
Castellón, Castelló property prices: €1,085/m², +4% yr/yr
Transactions for Castellón, Castelló: 12,779 +47%
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!
Castellon property price evolution to September 2021
Girona property prices: €1,686/m², +6.7% yr/yr
Transactions for the real estate market in Girona: 15,583 +44%
Prices in Girona followed the national prices as if Girona was the national market really funny! Check these two charts!
- 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!
Girona property price evolution to September 2021
Ibiza property prices/Balearic Islands: €2,631 /m², +7.6% yr/yr
Transactions for the Balearic Islands are: 19,023 +65%
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.
- 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 themonthly 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 Islands property price evolution to September 2021
Las Palmas de Gran Canaria property prices: €1,711/m², +5.6% yr/yr
Transactions for Las Palmas: 14,820 +54%
Prices in Gran Canaria came back to the national average of real estate prices in Spain.
- 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!
Las Palmas property price evolution to September 2021
Madrid property prices: €2,900 /m², +9% yr/yr
Transactions for Madrid: 90,773 +28%
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.
- 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 ePostcards 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 price evolution to September 2021
Málaga property prices: €2,016 /m², +8.8% yr/yr
Transactions for Málaga: 42,053 +60%
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.
- 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!
Malaga property price evolution to September 20211
Palma de Mallorca property prices/Balearic Islands: €2,631 /m², +7.6% yr/yr
Transactions for the Balearic Islands: 19,023 +65%
Real Estate prices in Mallorca are 40% higher than the national average and rebounded by 15% since 2008.
- 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 Islands property price evolution to September 2021
Murcia property prices: €1,016 /m², +1.6% yr/yr
Transactions for the property market in Murcia: 25,155 +36%
Property prices in Murcia are about 35% below the national average. They remain at the lowest levels seen since 2008.
- Our article on Murcia: Murcia, a good city to make a property investment
- Check ourinfographic on the Costa Calidawith 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!
Murcia property price evolution to September 2021
Santa Cruz Tenerife property prices: €1,495/m², +4.8% yr/yr
Transactions for Santa Cruz de Tenerife: 12,970 +58%
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.
- 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!
Santa Cruz de Tenerife property price evolution to September 2021
Seville property prices: €1,374 /m², +3% yr/yr
Transactions for the real estate market in Sevilla are strong: 26,192 +34%
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!
Sevilla property price evolution to September 2021
Valencia property prices: €1,301 /m², +6% yr/yr
Transactions for the property market in Valencia: 42,822 +39%
Real estate prices in Valencia are about 25% under the national averages. At the same time, it is the third city in Spain in terms of inhabitant! A bargain to check quickly?
- Have a look at the feedback of our real estate city trip to Valencia, 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!
Valencia property price evolution to September 20211
Valladolid property prices: €1,290 /m², +3.1% yr/yr
Transactions for Valladolid: 6,908 +29%
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!
Valladolid property price evolution to September 2021
Saragossa property prices: €1,385 /m², +7.9% yr/yr
Transactions for Saragossa: 12,726 +22%
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!
Zaragoza property price evolution to September 2021
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!
Have a look at our other very useful resources pages
• Spanish national real estate market: transaction & price data
• Spanish regional real estate market: transaction & price data
• Returns and mortgages conditions in Spain
You can always find those pages under “RE Price trends” at the bottom of the “Resources” section of the Menu.
Find our detailed maps and articles on the Spanish Costas here.
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Senior analyst and strategist at HTBIS
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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 1,741€ per square meter in Spain end of June 2022.
Is now a good time to buy 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 live, prices are really not expensive.
What is the best place to live in Spain?
You have many choices. First question to ask yourself: city or countryside? Second one, proximity to the beaches? And as a foreigner, proximity to airport is one of the main question. Don't miss our full guide to search your ideal property in Spain. Of course Madrid, Barcelona, Valencia, 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.
