Based on data from Spain’s Tax Agency, we’ve analysed the latest prices of second-hand homes for sale in the country’s wealthiest municipalities, using statistics from idealista. Leading the pack once again is Pozuelo de Alarcón (Madrid), with an average gross income of €88,011 per year. House prices here reached €4,795/m² at the end of September, making it one of the most expensive towns among the 25 wealthiest, just behind Sitges (€4,833/m²). Below, we also look at the top towns in each autonomous community.
Madrid and Barcelona dominate the top of the market
Most of Spain’s wealthiest municipalities are concentrated in the provinces of Madrid and Barcelona. Alongside Pozuelo de Alarcón, Boadilla del Monte boasts an annual gross income of €70,869, with home prices above €3,730/m². In third place is Sant Just Desvern (Barcelona), where the average income is €67,265, and homes for sale exceed €4,065/m².
Other wealthy Barcelonan towns include Sant Cugat del Vallés, Matadepera, and Alella, all with average incomes above €62,000 and home prices ranging from €2,306/m² to €4,620/m².
Wealthy towns beyond Madrid and Barcelona
Outside these two major regions, only four towns appear among the 25 wealthiest municipalities: Aigües (Alicante, €60,883); Rocafort (€55,901) and Corbera (€52,530) in Valencia; and Santa Brígida (Gran Canaria, €53,007).
Aigües and Corbera stand out for having more than doubled their average income in a year, while offering some of the most affordable homes in the ranking, at €1,569/m² and €798/m², respectively. Rocafort sits above €2,540/m², and Santa Brígida at €1,540/m².
Top prices and notable increases
At the end of September, 10 of the 15 wealthiest municipalities recorded peak house prices, including the likes of Sitges, Pozuelo de Alarcón, Sant Cugat del Vallés, and Majadahonda (€4,218/m²). Other notable towns include Las Rozas de Madrid (€3,702/m²), Sant Vicenç de Montalt (€3,364/m²), Torrelodones (€2,827/m²), and Lliçà de Vall (€1,927/m²).
Several towns have also seen significant annual price increases: Alcobendas (31.9%), Pozuelo de Alarcón (21.8%), and Boadilla del Monte (21.5%). Increases above 10% were recorded in Villaviciosa de Odón (15.7%), Majadahonda (14.7%), Lliçà de Vall (13%), and Cabrils (10.2%).
Conversely, some wealthy towns have seen prices drop, including Cabrera de Mar (-11.9%), Matadepera (-4.4%), L'Ametlla del Vallès (-4.1%), and Vallromanes (-2.3%).
The most expensive towns in each region
idealista also analysed the cost of homes in the priciest municipality of each of Spain’s 17 autonomous communities. Beyond the top 25, notable mentions include Esporles (Mallorca, €47,908 income, €4,361/m²), Oleiros (A Coruña, €47,098 income, €2,227/m²), Simancas (Valladolid, €44,067 income, €1,231/m²), and Pepino (Toledo, €38,280 income, €1,101/m²).
In Andalusia, the municipality of Benahavís (Málaga) stands out, with an average income of €43,159 and the highest house prices among all analysed towns, at €5,391/m², currently at historic highs according to idealista.
