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Housing

🏠 Housing

How much it costs to buy or rent a home in Spain, how many are sold and how many are built. Prices are shown adjusted for inflation (in 2025 euros) and transactions per 1,000 inhabitants, so that years and areas can be compared.

2,283 €/m²
Change: +9 % appraised value, 2026-T2 · 205 thousand € for a 90 m² flat · real vs a year earlier

Trend · €/m²

2,945.7 1,319.9
1996-Q1 2026-Q2
641 €/month
Change: +2.9 % leases declared in income tax returns, 2024 · real vs previous year

Trend · €/month

647.3 568.6
2011 2024
14.2 per 1,000 inhab.
Change: -1 % 12 months to 07/2026 · 699k in total · vs a year earlier

Trend · per 1,000 inhab.

17.2 6.3
2007-12 2026-07
6.7 years
average gross salary, 2025

Trend · years

8.6 5.8
2008 2025

Prices, with and without inflation

Average appraised value of open-market housing in euros per square metre. Adjusted for inflation, the series peaked in 2007-T1 and bottomed out after the crisis in 2014-T2. Today the square metre is 22 % below that peak and 25 % above the low.

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How many are bought and how many are mortgaged

Home sales registered in the property registries and mortgages taken out on homes, per 1,000 inhabitants per year.

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By region

Real price per square metre in the latest quarter. Click on a region to see its profile.


Sources: Ministry of Housing and Urban Agenda, statistical bulletin (appraised value and new builds), State Rental Price Reference System (SERPAVI), INE, Property Rights Transfer Statistics, INE, Mortgage Statistics and INE, Quarterly Labour Cost Survey. Deflated with the INE general CPI (base 2025).