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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.

Key Facts: Costa Azahar Property Market 2025

  • Average Property Price: €1,233/m² – March 2025 (39% below Spanish national average)
  • Annual Visitors: 2.5+ million tourists creating strong rental demand
  • Valencia Airport Access: 45 minutes drive to international connections
  • Climate Advantage: 300+ sunny days per year with a Mediterranean lifestyle
  • Annual Ownership Cost: 0.9-2.1% of property value (€2,800-6,300 for €300K property)

Expert Insights:

  • Investment Timing: UNESCO protection in Peñíscola means limited new construction within historic walls – properties with sea views are increasingly rare
  • Internet Verification: Test internet speeds at different times and verify fibre availability before remote work property purchases
  • Healthcare Access: EU residents get excellent public healthcare; non-EU private insurance costs just €60-200/month
  • Seasonal Strategy: Spring (March-May) offers ideal weather for property viewing with lower accommodation costs
  • Value Opportunity: Properties cost 40-50% less than Valencia equivalents while maintaining 45-minute access to major city amenities

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.

COSTA AZAHAR AT A GLANCE


Average Property Price: €1,400/m² (30% below Spanish average)
Recent Growth: Steady recovery with emerging potential
International Appeal: Growing recognition among value-seeking buyers
Annual Visitors: 2.5+ million tourists
Climate: 300+ sunny days per year
Rental Potential: Strong summer demand, emerging year-round market
Valencia Airport: 45-minute drive
Healthcare: Excellent public system plus Valencia specialist access
Authenticity Index: High – genuine Spanish coastal culture

 

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.

EXPERT TIP: Historic Property Investment

“UNESCO protection in Peñíscola means limited new construction within the walls. Properties with sea views from the historic quarter are increasingly rare. Always verify renovation permissions for historic buildings.”

— HTBIS on the Costa Azahar

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.

 

QUICK DECISION GUIDE: Holiday Home Buyers


BEST CHOICE: Benicàssim

  • Excellent beaches and infrastructure
  • Cultural activities and festivals
  • Established property management services
  • Price range: €150K-€800K+

 

ALTERNATIVE: Peñíscola

  • Unique historic setting
  • Dramatic coastal views
  • Growing international recognition
  • Strong rental potential

 

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.

INTERNET CHECKLIST FOR REMOTE WORKERS


Before Property Viewing:
Test speed at different times: (use Speedtest.net)
Check fibre availability: (contact Movistar/Orange)
Locate nearest co-working space: (Castellón, Benicàssim)
Verify mobile coverage: (excellent throughout region)

Minimum Specs for Remote Work:
Download: 50 Mbps minimum, 100 Mbps widely available
Upload: 10 Mbps minimum, 25 Mbps in main towns
Backup: Excellent 4G/5G coverage throughout the region

Fibre Coverage:
Castellón: 95% urban coverage
Benicàssim: 90% coverage
Peñíscola: 85% coverage
Vinaròs: 80% coverage

Costa Azahar map

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

Costa Azahar - Must see places

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.

COSTA AZAHAR CALENDAR: SEASONAL ADVANTAGES


SPRING (Mar-May): Perfect Weather Season
Ideal temperatures: for outdoor activities
Orange blossom season: spectacular natural displays
Lower accommodation costs for exploration
Best time for property viewing: trips

☀️ SUMMER (Jun-Aug): Festival Season
Peak tourism: season with a vibrant atmosphere
Major festivals: including Benicàssim music festival
Perfect beach weather and full amenities
Rental income peak: for investment properties

AUTUMN (Sep-Nov): Harvest Season
Comfortable temperatures: continue
Orange harvest: a season with local celebrations
Reduced crowds, but maintained services
Ideal for settling in: new properties

❄️ WINTER (Dec-Feb): Authentic Local Life
Mild temperatures and sunshine
Authentic local life: without tourist influence
Lower costs: for long-term stays
Perfect for home projects and renovations

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.

KEY PERFORMANCE METRICS


Costa Azahar vs Spanish Average
Price Advantage: 30% below the national average
Provincial Average: €1,233/m² (March 2025)
Castellón City: €1,400/m² (June 2025)
Annual Growth: +11.2% year-over-year (June 2024-2025)
Valencia Proximity: 45-90 minutes to a major city
Tourism Growth: Steady increase in quality visitors

Translation for Buyers:
€300K property equivalent: Costa Azahar vs €430K elsewhere
Valencia comparison: 40-50% less than equivalent properties
Living cost advantage: 25-35% lower than northern Europe

 

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.

REAL COST OF OWNERSHIP (Annual)


€300K Property Example:
Property Tax (IBI): €400-800
Community Fees: €600-1,800
Maintenance: €600-1,200
Insurance: €200-400
Utilities (if used 3 months): €400-600
Property Management: €600-1,500

TOTAL: €2,800-6,300/year (0.9-2.1% of value)

Money-Saving Tip: Offers lower costs compared to other Spanish coastal regions while maintaining excellent services and accessibility.

 

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.

YOUR NEXT STEPS CHECKLIST


Phase 1: Research (Week 1-2)
Define your budget and preferences
Choose your target area(s)
Research Spanish mortgage options
Contact HTBIS property experts

Phase 2: Discovery Trip (Week 3-4)
Schedule property viewings
Meet with local lawyer and advisor
Experience different areas at various times
Test internet speeds and infrastructure

Phase 3: Decision (Week 5-6)
Submit an offer through a property expert
Arrange a detailed property inspection
Finalise mortgage arrangements
Open a Spanish bank account

Phase 4: Completion (Week 7-12)
Complete legal due diligence
Arrange insurance and utilities
Set up property management if needed
Begin your Costa Azahar lifestyle!

Ready to start? Contact our Costa Azahar property experts:
Our local specialists are waiting to help you discover this exceptional region!

 

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:
  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!



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.

Costa del Azahar Property FAQ

Why is Costa del Azahar perfect for property investment?

Costa del Azahar offers 37% lower property prices than the Spanish average at €1,233/m² provincial average, authentic Mediterranean culture, and 45-minute proximity to Valencia. Castellón city is showing a +10% annual growth at €1,400/m². Growing recognition creates investment potential.

Which is the best town to buy property in Costa del Azahar?

Peñíscola offers the highest rental yields with UNESCO-protected medieval castle views. Benicàssim provides sophisticated culture and festivals. Vinaròs delivers authentic fishing village charm at the lowest prices. Castellón offers urban amenities with access to the coast. Each suits different buyer goals.

What are Costa del Azahar property prices compared to other Spanish coasts?

Costa del Azahar provincial average €1,250/m² versus €2,033/m² Spanish national average—39% savings. Castellón city: €1,400/m² with an annual growth rate of +10 %. Compared to Costa Brava or Costa del Sol, properties cost 40-50% less while maintaining Valencia proximity and authentic culture.

Can foreigners get mortgages to buy in Costa del Azahar?

Yes, non-residents can secure Spanish mortgages up to 70% loan-to-value with competitive rates. Banks require stable income and documentation. Local HTBIS mortgage experts simplify the process for international buyers throughout Costa del Azahar.

What are the annual costs of owning property in Costa del Azahar?

For €300K property: €400-800 property tax, €600-1,800 community fees, €600-1,200 maintenance, €200-400 insurance. Total €2,800-6,300 annually (0.9-2.1% of value). Lower than other Spanish coastal regions with excellent services.

Is Costa del Azahar good for holiday home rental income?

Excellent rental potential with 2.5+ million annual visitors. Peñíscola commands premium rates, Benicàssim offers festival season peaks, and summer demand is strong throughout the region. Authentic appeal attracts quality tenants seeking genuine Spanish experiences over tourist zones.

What healthcare options exist for Costa del Azahar residents?

Excellent Spanish public healthcare with local centres in all towns, provincial hospital in Castellón, and Valencia specialists 45-90 minutes away. EU residents enjoy nearly free access, while non-EU residents pay private insurance costs of €60-200/month. World-class care at affordable prices.

How is internet connectivity for remote workers in Costa del Azahar?

Excellent fibre coverage: Castellón 95%, Benicàssim 90%, Peñíscola 85%, Vinaròs 80%. Speeds of 50-100+ Mbps are widely available with excellent 4G/5G backup—co-working spaces in major towns. Perfect for digital nomads and remote professionals.

What makes Costa del Azahar different from other Spanish coastal areas?

Costa del Azahar maintains authentic Spanish culture with working fishing ports, genuine local life, and traditional festivals. Unlike tourist-focused areas, offers real integration opportunities while providing Valencia urban access and 30% price savings over developed coasts.

When is the best time to visit Costa del Azahar for property hunting?

Spring (March-May) offers perfect weather for property viewing with comfortable temperatures and blooming orange trees. Autumn (September-November) offers reduced crowds while maintaining services. Both seasons are ideal for experiencing authentic local life beyond tourist periods.

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

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https://howtobuyinspain.com/en/best-places-to-visit-in-spain/costa-azahar/feed/ 0 castle-2644899_1920 Costa Azahar map 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, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. peniscola-1833011_1920 Find your property hunter 5 Reasons to work with our experts in Spain 1. Best Professionals 2. Follow up 3. Competitive pricing 4. Partners 5. Qualitative Check The Spanish Costas Infographics Know everything on the Spanish costas: Airports, AVE stations, Cities and villages, 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 infographics. Find your real estate partner in Spain Stéphane co-founder of HTBIS
Spanish Housing just shy of All-Time Highs – March 2025 update https://howtobuyinspain.com/en/buy-property-in-spain/spanish-property-prices/ https://howtobuyinspain.com/en/buy-property-in-spain/spanish-property-prices/#respond Thu, 10 Jul 2025 09:10:36 +0000 https://howtobuyinspain.com/?p=6865 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   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.

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

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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

 

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

 

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:

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

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

    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

     


  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.

    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.Bar chart comparing Spain real estate prices in 2025 versus their 2008 peak, with regions listed and a Spanish flag on the right. Some regions are highlighted in green or orange to show the property prices Spain evolution over time.

    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.

    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 showing the number of real estate transactions and Spain real estate price evolution in major cities in March 2025, with Madrid and Barcelona leading.

    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 Spanish property prices 2025 evolution.

    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

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

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

    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.

    Find your property in Spain

     


  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:

     

    A line graph comparing Alicante and Spain real estate price evolution from 1995 to March 2025, with Alicante at 1,722€ and Spain at 2,033€, plus yearly and quarterly transaction bars.

    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:

    Here are our other resources on Alicante:

     

    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:

    Here are our local property hunters in Alméria.

    Here are our other resources on Almería:

    Line graph comparing Spain real estate prices in Almeria and nationwide from 2004 to 2023, with Almeria at 1,307€ and Spain at 2,033€; bar chart below highlights transaction volumes and the Spain real estate price evolution.

    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:

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

    Here are our other resources on Barcelona:

     

    Line graph depicting Spain real estate prices, with Barcelona property prices rising to 2,865€ by March 2025, surpassing the national average of 2,033€, alongside transaction volume trends from 1995 to 2025.

    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:

     

    Line graph showing Spain real estate prices in Cádiz (1,754€) and nationwide (2,033€) from 1995 to March 2025, plus a bar chart of quarterly transactions and the yearly property prices Spain trend.

    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:

     

     

    Line graph comparing Spain real estate price evolution and transactions in Castellon and nationwide from 1995 to March 2025, showing spanish property prices 2025 at 1,233€ for Castellon and 2,033€ for Spain.

    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:

     

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

    Here are our other resources on Girona:

     

    Line graph of Girona property prices from 1995 to March 2025, illustrating the Spain real estate price evolution—Girona at 1,943€ compared to Spain’s 2,033€—with transaction data included.

    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:

    Looking for a property hunter in Ibiza? Here are our property hunters on the Balearic Islands

    Don’t miss our other resources on Ibiza.

     

    Line graph showing Spain real estate price evolution: Balearic property prices (blue) vs. Spain’s average (orange) from 1995 to March 2025, including annual and quarterly transaction trends, with Balearic price marked at 3,436€.

    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:

     


    Have a look at the property hunting in Las Palmas de Gran Canaria realized by our local property hunter:

    Here are our other resources on Las Palmas de Gran Canaria:

    Line chart showing the Spain real estate price evolution, with Las Palmas property prices at 1,976€ in March 2025 versus Spain’s average of 2,033€, plus transaction data and trends from 1995 to 2025.

    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:

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

    Here are our other resources on Madrid:

    Line graph showing Madrid property prices rising to 3,477€ from 1995 to March 2025, compared to Spain real estate prices at 2,033€, with yearly and quarterly transaction trends also displayed.

    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:

    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:

    A line graph compares Malaga and Spain real estate price evolution from 1995 to March 2025, showing Malaga at 2,614€, Spain at 2,033€, and includes yearly and quarterly transaction data.

    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:

    Looking for a property hunter in Mallorca? Here are our property hunters in Mallorca.

    Here are our other resources on Mallorca:

    Line graph showing Spain real estate price evolution: Balearic property prices (blue) vs. Spain’s average (orange) from 1995 to March 2025, including annual and quarterly transaction trends, with Balearic price marked at 3,436€.

    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:

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

    Here are our other resources on Murcia:

    Line graph comparing property prices Spain and Murcia from 1995 to March 2025, with yearly and quarterly transaction figures shown; Murcia price is 1,174€, while Spain real estate price evolution shows a current average of 2,033€.

    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:

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

    Here are our other resources on Tenerife:

    Line graph comparing property prices Spain in Tenerife and nationwide from 1995 to March 2025, with Tenerife at 1,957€ and Spain at 2,033€; includes spanish property prices 2025 and transaction volume trends.

    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:

     

    Line graph showing Spain real estate price evolution from 1995 to March 2025: Seville at 1,631€ vs. Spain at 2,033€, plus transaction volume bars—insight into spanish property prices 2025.

    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:

     

     

     

    Line graph depicting Spain real estate price evolution from 1995 to March 2025: Valencia property prices at 1,625€, Spain at 2,033€, plus quarterly and yearly transactions data. Ideal for tracking spanish property prices 2025 trends.

    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:

     

    Line graph comparing Valladolid and property prices Spain per square meter from 1995 to March 2025, with transaction volume as bars. Valladolid price labeled at 1,391€. See how Spain real estate prices evolve towards spanish property prices 2025.

    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:

Line graph of 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€, reflecting the trend in Spanish property prices in 2025.

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

 

Sitges

 

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.

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https://howtobuyinspain.com/en/buy-property-in-spain/spanish-property-prices/feed/ 0 Spanish real estate price evolution from 1995 to 2025 Line graph showing Spain real estate price evolution from 2000 to 2025 by region, highlighting recovery in 2025 versus the 2008 peak with percentage changes for each city. Includes insights into Spanish property prices 2025. Spanish Real Estate Markets with the Slowest Growth in Q1 2025 Bar and line chart showing Spain real estate price evolution among the country’s most moderate housing market performers in Q1 2025, with updated location-based price data through March 2025. Spain’s Fastest Rising Real Estate Markets in Q1 2025 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. Spanish Property 2025 Recovery vs 2008 Peak Bar chart comparing Spain real estate prices in 2025 versus their 2008 peak, with regions listed and a Spanish flag on the right. Some regions are highlighted in green or orange to show the property prices Spain evolution over time. Spain’s Strongest Real Estate Markets – Year to March 2025 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. Our best partners deals in Spain Spain’s Most Dynamic Real Estate Markets – Transaction Activity & Growth to March 2025 Bar chart showing the number of real estate transactions and Spain real estate price evolution in major cities in March 2025, with Madrid and Barcelona leading. THE MOST EXPENSIVE SPANISH REAL ESTATE MARKETS – trends to 2025 Bar chart comparing Spain real estate prices and transaction trends in the most expensive markets, with data updated to March 2025, highlighting Spanish property prices 2025 evolution. Spanish real estate price evolution from 1995 to 2025 Line graph showing Spain real estate price evolution from 2000 to 2025 by region, highlighting recovery in 2025 versus the 2008 peak with percentage changes for each city. Includes insights into Spanish property prices 2025. Find your property in Spain Alicante property prices – March 2025 A line graph comparing Alicante and Spain real estate price evolution from 1995 to March 2025, with Alicante at 1,722€ and Spain at 2,033€, plus yearly and quarterly transaction bars. Almeria property prices – March 2025 Line graph comparing Spain real estate prices in Almeria and nationwide from 2004 to 2023, with Almeria at 1,307€ and Spain at 2,033€; bar chart below highlights transaction volumes and the Spain real estate price evolution. Barcelona property prices – March 2025 Cadiz property prices – March 2025 Line graph showing Spain real estate prices in Cádiz (1,754€) and nationwide (2,033€) from 1995 to March 2025, plus a bar chart of quarterly transactions and the yearly property prices Spain trend. Castellon property prices – March 2025 Line graph comparing Spain real estate price evolution and transactions in Castellon and nationwide from 1995 to March 2025, showing spanish property prices 2025 at 1,233€ for Castellon and 2,033€ for Spain. Girona property prices – March 2025 Line graph of Girona property prices from 1995 to March 2025, illustrating the Spain real estate price evolution—Girona at 1,943€ compared to Spain’s 2,033€—with transaction data included. Balearic property prices – March 2025 Line graph showing Spain real estate price evolution: Balearic property prices (blue) vs. Spain’s average (orange) from 1995 to March 2025, including annual and quarterly transaction trends, with Balearic price marked at 3,436€. Las Palmas property prices – March 2025 Line chart showing the Spain real estate price evolution, with Las Palmas property prices at 1,976€ in March 2025 versus Spain’s average of 2,033€, plus transaction data and trends from 1995 to 2025. Madrid property prices – March 2025 Line graph showing Madrid property prices rising to 3,477€ from 1995 to March 2025, compared to Spain real estate prices at 2,033€, with yearly and quarterly transaction trends also displayed. Malaga property prices – March 2025 A line graph compares Malaga and Spain real estate price evolution from 1995 to March 2025, showing Malaga at 2,614€, Spain at 2,033€, and includes yearly and quarterly transaction data. Balearic property prices – March 2025 Line graph showing Spain real estate price evolution: Balearic property prices (blue) vs. Spain’s average (orange) from 1995 to March 2025, including annual and quarterly transaction trends, with Balearic price marked at 3,436€. Murcia property prices – March 2025 Line graph comparing property prices Spain and Murcia from 1995 to March 2025, with yearly and quarterly transaction figures shown; Murcia price is 1,174€, while Spain real estate price evolution shows a current average of 2,033€. Tenerife property prices – March 2025 Line graph comparing property prices Spain in Tenerife and nationwide from 1995 to March 2025, with Tenerife at 1,957€ and Spain at 2,033€; includes spanish property prices 2025 and transaction volume trends. Seville property prices – March 2025 Line graph showing Spain real estate price evolution from 1995 to March 2025: Seville at 1,631€ vs. Spain at 2,033€, plus transaction volume bars—insight into spanish property prices 2025. Valencia property prices – March 2025 Line graph depicting Spain real estate price evolution from 1995 to March 2025: Valencia property prices at 1,625€, Spain at 2,033€, plus quarterly and yearly transactions data. Ideal for tracking spanish property prices 2025 trends. Valladolid Property prices – March 2025 Line graph comparing Valladolid and property prices Spain per square meter from 1995 to March 2025, with transaction volume as bars. Valladolid price labeled at 1,391€. See how Spain real estate prices evolve towards spanish property prices 2025. Saragossa property prices – March 2025 Line graph of 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€, reflecting the trend in Spanish property prices in 2025. Tarragona The Spanish Costas Infographics Stéphane co-founder of HTBIS