Market

Spain Market Intelligence

Real-time Spanish property market data, regional trends, and area performance — powered by INE, Colegio de Registradores, and Banco de España data.

Live Market Summary

Transactions Q1 2026

162,000

+6.2%

Total Value (Q1)

€36.5B

+7.6%

Avg House Price

€232,050

+8.2%

Foreign Buyer Share

16.5%

+0.8pp

Avg Gross Yield

6.1%

+0.2pp

ECB Deposit Rate

2.25%

-0.75pp YTD

Regional Trends

Mediterranean Outpacing Capitals

Málaga, Valencia, and Alicante are posting 9-13% YoY growth while prime Madrid sits at 6-7% and País Vasco at 4-5%. Tech-hub migration and remote-work inflows are reshaping the league table.

Foreign Buyer Share Holds at 16%

Even after the Golden Visa closed in April 2025, foreign demand has barely moved — British, German, French, and American buyers continue to account for roughly one in six transactions.

Regulatory Squeeze on Short-Lets

Barcelona will not renew its 10,000+ HUT licences after 2028. Madrid and Málaga capped new VUT entrants. Long-let supply is set to grow structurally over the next two years.

Top Spanish Cities & Neighbourhoods

Sorted by YoY change
AreaAvg €/m²YoY ChangeTransactionsYieldSegment
Málaga — Centro Histórico4,100+11.8%4805.1%mid
Valencia — Ciutat Vella3,400+11.2%4805.4%mid
Madrid — Vallecas2,450+11.1%9206.7%affordable
Valencia — Ruzafa3,200+10.8%4205.6%mid
Madrid — Carabanchel2,700+10.4%8806.4%affordable
Barcelona — Nou Barris2,600+9.4%6206.5%affordable
Alicante — Centro2,400+9.1%5406.3%mid
Palma — Santa Catalina5,800+8.8%2604%prime
Sevilla — Casco Antiguo2,850+8.6%5105.7%mid
Madrid — Centro5,100+8.4%8204.8%mid
Ibiza — Ibiza Town6,500+8.1%1804.5%prime
Marbella — Golden Mile6,800+7.8%3203.8%prime
Barcelona — Gràcia4,900+7.6%4604.5%mid
Madrid — Chamberí6,100+7.2%6104%prime
Murcia — Centro1,850+7.2%3206.5%affordable
Barcelona — Eixample5,600+6.9%4904.3%mid
Madrid — Salamanca7,200+6.8%5203.6%prime
Barcelona — Sarrià-Sant Gervasi6,000+6.2%3903.9%prime
Bilbao — Indautxu4,900+4.2%2604.1%prime

Dig Deeper — Spain Tools

Spain market data sourced from HM Land Registry, HMRC Property Transactions, ONS, Bank of England, Nationwide, and Halifax House Price Indices. Last updated: April 2026.