The appraisal company Euroval predicts a rise in property prices in Spain over the next three years. On average, it forecasts that the average price will rise by 6% between 2023 and 2025, to reach €1,809/m2 by the end of the period analysed, compared to the €1,706 at which it closed in 2022. Therefore, the square metre of housing will increase by an average of €103 per square metre.
According to the latest study published by the company, the annual increase will be around 2% this year, reaching 1.97% in 2024 and 1.90% in 2025. Moreover, the increases will be generalised, as prices are only expected to fall in three provinces, and will also be irregular, i.e. in double digits in some areas while much more moderate in others.
"The average housing price will continue to increase in value until 2025, albeit within a trend characterised by more moderate and stable rises than in the previous period. Spanish provinces will evolve inconsistently, within a trend characterised by relatively stable rises: Malaga will increase by 8.46%, Madrid by 5.28%, and Barcelona by 2.96%", the valuer highlights, adding that "the disparity in the behaviour of prices between provinces is considerable, as each of them responds to the specific dynamics of their respective markets".
Looking at the data, we can see that for a total of 28 provinces (including the two autonomous cities of Ceuta and Melilla), average prices in the 2023-2025 period will rise more than the national average (6%), while 24 will do so below; and, of these, three will show a negative balance in these three years.
The Euroval report points out another significant fact: the upward movements concerning the national average values for the projected period are much more pronounced than the respective downward ones, which would strengthen the already mentioned tendency towards provincial disparity. For example, the two provinces that open and close the report’s ranking, Guadalajara and Palencia, differ by 20.3 percentage points.
How much will house prices rise in each province?
Guadalajara is the province where the housing price would record the highest increase in Spain until 2025, 16.64%, according to the valuation company’s forecasts. However, average prices per square metre will not exceed those reached at the height of the real estate bubble, when they were €1,823 (in 2025, they would rise to €1,809).
The rest of the provinces that would record an evolution of their average residential price above the national average are Toledo (15.73%), Huelva (14.35%), Avila (13.58%), Segovia (13.16%), Zaragoza (11.4%), Cadiz (11.16%), Tarragona (10.9%), Valencia (10.51%), Burgos (10.2%) and Girona (10.12%).
Also with increases above the country average, albeit in single digits, were the Balearic Islands (9.49%), Granada (9.46%), Murcia (9.46%), Melilla (9.41%), Castellon (9.36%), Seville (9.33%), Malaga (8.46%), La Rioja (8.45%), Huesca (8.28%), Almeria (8.25%), Pontevedra (8.16%), Valladolid (7.72%), Alava (7.68%), Alicante (7.09%), Cantabria (7.01%) and Asturias (6.85%).
Meanwhile, 24 provinces would present a positive evolution of their prices until 2025, but below the national average. These are Lugo (5.98%), Santa Cruz de Tenerife (5.95%), Albacete (5.88%), Vizcaya (5.78%), Madrid (5.28%) and Lleida (5%).
Below this level are Cuenca (4.89%), Guipuzcoa (4.6%), Leon (4.38%), Ceuta (4.03%), Salamanca (3.51%), Badajoz (3.10%), Ciudad Real (2.98%), Barcelona (2.96%), Jaen (2.93%), Teruel (2.78%), Cordoba (1.89%), Las Palmas (1.57%), Orense (1.27%) and Caceres (0.99%).
The provinces of Zamora (-2.0.6%), Soria (-3.09%) and Palencia (-3.65%) are the only ones where house prices will fall over the next three years, according to Euroval's estimate.
The valuer's study stresses that "this projection is more likely to be correct the closer it is, meaning that the error would be higher from the end-2023 forecast. The forecasts may be altered by changes in the real estate market, such as an increase in the development of new builds over second-hand housing, as it is considerably more expensive, or greater demand for investment housing and as a hedge against inflation. Other factors, such as higher-than-expected interest rate hikes, the credit crunch and poor employment figures may also play a role.
Buying off-plan in Spain: a complete guide for foreign buyers
For many foreigners, owning a property in Spain is a lifelong dream—whether it’s a holiday apartment on the coast, a retirement villa, or an investment opportunity. One increasingly popular option is buying off-plan in Spain: purchasing a property before it has been completed, or even before construction begins.
Speedy sales: 13% of Spanish homes sold in under a week in Q2
Thirteen per cent of the homes sold through idealista in the second quarter of 2025 found a buyer in less than a week, according to a study by idealista, Southern Europe’s leading real estate marketplace. A further 25% sold within one week to one month, 26% between one and three months, 27% between three months and a year, and 9% after more than a year on the market. The share of properties sold in under a week – known as “express sales” – has dipped slightly compared with last year, d
Sierra Blanca Estates to deliver 370+ subsidised homes in Marbella and Málaga
Sierra Blanca Estates has reinforced its social commitment with plans to build more than 370 social housing units in Málaga and Marbella. The Marbella-based developer, best known for its luxury projects, is launching three new residential schemes designed to improve access to housing on the Costa del Sol, underlining its commitment to sustainable urban growth and corporate responsibility.
House prices on Spain's most accessible beaches
In Spain, sun-and-beach tourism still reigns supreme, yet not all beaches are accessible. Ensuring accessibility is now vital so people with reduced mobility can comfortably and safely enjoy the sea.
A&G and Grupo Marjal back senior living in Spain with 300 homes
A&G Global Investors and Grupo Marjal have entered into a strategic partnership to develop an innovative residential complex for active seniors on the Costa Blanca. Representing an investment of €63 million, the project will comprise over 300 sustainable homes along with a comprehensive range of services, further strengthening Spain’s position as a leading European destination for senior living.
New-build homes in Spain: the provinces with the fastest-rising prices
New-build property prices in Spain are climbing, with certain provinces seeing particularly sharp increases. This trend reflects rising demand, ongoing regional development and shifting buyer preferences. If you’re considering investing in a newly built home in Spain, find out which areas are leading the surge.
Abandoned villages in Spain: grants and relocation schemes
The depopulation of rural Spain, often called España vaciada or 'Empty Spain', is a long-standing issue. Whilst the rise of remote working has brought a bit of life back to some areas—a trend made more accessible for many non-EU citizens with Spain's Digital Nomad Visa —thousands of villages remain sparsely populated or completely abandoned. In response, both national and regional governments have put various schemes in place to attract new residents.