In 2023, Pozuelo de Alarcón (Madrid) remained Spain’s town with the highest average declared gross income for the fifth consecutive year, at €88,011 – a 3.2% increase on 2022.
The Tax Agency has published statistics on personal income tax filers in villages with over 1,000 inhabitants (excluding the Basque Country and Navarre, which operate outside the common tax system). These figures provide a detailed overview of average gross personal income in each village and town, as well as an estimate of disposable income.
Pozuelo de Alarcón retained the top spot in 2023, with its average gross income rising to €88,011, up from €85,323 in 2022. Average disposable income also increased to €63,290, compared with €61,396 the previous year. In this town of 89,378 residents, a total of 49,171 tax returns were filed in 2023.
Boadilla del Monte, also in Madrid, climbed to second place, with an average gross income of €70,869 and a disposable income of €51,785, both higher than in 2022.
Sant Just Desvern in Barcelona moved up from fourth to third place. With 20,881 inhabitants and 11,451 tax returns, it recorded an average gross income of €67,265 and an average disposable income of €48,172 in 2023.
Fourth and fifth places are held by the Barcelona towns of Sant Cugat del Vallès, with a gross income of €66,073 and Matadepera, notable for its high income of €65,536 despite a smaller population of 9,815.
The wealthiest towns, concentrated in Madrid and Barcelona
The top 10 towns with the highest average gross income are completed by Alella (Barcelona), Torrelodones (Madrid), Aigües (Alicante), Alcobendas (Madrid) and Majadahonda (Madrid).
Overall, the provinces of Madrid and Barcelona dominate the list, with Madrid accounting for five towns and Barcelona four, while Alicante contributes one.
Towns with the lowest average gross income
At the opposite end of the scale, Benamargosa (Málaga) ranks as the lowest-income town, with an average gross income of €13,831.
Following closely, with incomes between €14,000 and €15,000, are Algarinejo, Mentejícar, Colomera and Guadahortuna (Granada); Cambil, Noalejo and Montizón (Jaén); and Zahínos and Higuera de Vargas (Badajoz).
Across Spain, average gross income rose to €31,333 in 2023, representing an annual growth of 3%, while average disposable income increased by 2.8% to €25,235 from €24,542 the previous year.
Housing prices hit all-time highs across seven Spanish provinces
In August, the average price of second-hand homes for sale in Spain rose by 14.8% year-on-year, reaching €2,498/m² – the highest level since idealista began recording data. Seven provinces also hit record highs, making them the most expensive in the country: the Balearic Islands (€5,068/m²), Madrid (€4,384/m²), Guipúzcoa (€4,007/m²), Málaga (€3,842/m²), Barcelona (€3,023/m²), Alicante (€2,595/m²) and Girona (€2,587/m²).
Spain’s best properties for sale for year-round sunshine
As October comes to a close, it’s time to leave grey skies and chilly mornings behind. Spain is still basking in sunshine, making it the perfect place to enjoy a bright, mild winter. At idealista, we’ve handpicked properties for sale that let you soak up the winter sun by the sea right now.
Buying a home in Spain is increasingly unaffordable for 80% of buyers
More than three in four prospective home buyers in Spain (76.52%) are unable to purchase a property in their preferred area due to high market prices and limited supply, according to the 2025 Buyer Profile Study in Real Estate Agencies, presented by the Spanish Federation of Real Estate Associations (FAI) at the FAI Conecta Spanish Congress held in Toledo.
Sales rise in Spain’s cooler regions, outpacing traditional tourist areas
A report by OBS Business School on the Real Estate Market in Spain 2025, led by Professor and Eurocofín Director Carlos Balado, highlights some of the trends shaping the property market. Among these, it notes that global warming is influencing the way we live and behave. Beyond efficient home construction, the annual rise in temperatures can also affect property sales.
British buyers lead foreign property purchases in Spain in 2025
British interest in Spanish property remains strong, with 5,731 homes purchased by UK buyers in the first half of 2025. This makes the UK the leading nationality in the foreign property market, accounting for 8.1% of all transactions by non-Spaniards.
Málaga house prices soar to €3,620/m2, up 17% in a year
The average property price in Málaga reached €3,620/m² in September 2025, marking a monthly increase of 2% and a year-on-year rise of 17%, according to the latest idealista report.
Madrid, Barcelona and the Balearics: Spain’s top relocation destinations
When planning a move, high-net-worth individuals tend to favour cities over coastal or mountain locations. According to the latest Knight Frank survey, the services and lifestyle offered by European cities are particularly appealing to wealthy movers. Capital cities such as Lisbon and London top the list, with Madrid and Barcelona also featuring in the top five. Beyond urban centres, the Balearic Islands stand out, alongside the Algarve, Tuscany and prime areas of the Alps.