The price of used housing in Spain increased by 0.7% in April, reaching 1,632 euro/m2 or 152 euro/sq ft, according to the latest idealista real estate price index. Prices in the province of Madrid (2,746 euro/m2 or 255 euro/sq ft) are higher for the first time than those in Gipuzkoa (2,715 euro/m2 or 252 euro/sq ft) and Barcelona (2,708 euro/m2 or 251 euro/sq ft). The year-on-year increase in the average price of second-hand property for sale was 7.5%.
Autonomous Communities
The price only went down in 3 autonomous communities. The largest drop was recorded in Castile-La Mancha, where the financial expectations of sellers reduced by 0.8%. This is followed by falls in Extremadura (-0.3%) and the Basque Country (-0.1%). At the other end we find La Rioja, where the price has risen by 3.7%, Madrid (2.8%) and Navarra (1.6%).
Madrid (2,746 euro/m2 or 255 euro/sq ft) is the most expensive community. It is followed by the Balearic Islands (2,611 euro/m2 or 243 euro/sq ft) and the Basque Country (2,507 euro/m2 or 233 euro/sq ft). On the opposite side of the table are Castile-La Mancha (906 euro/m2 or 84 euro/sq ft), Extremadura (929 euro/m2 86 euro/sq ft) and Murcia (1,027 euro/m2 or 95 euro/sq ft), which are the most economic communities to buy property.
Provinces
33 provinces had higher prices in April than in March. The largest increases were seen in La Rioja (3.7%), followed by Madrid (2.8%), Barcelona (2.2%) and Santa Cruz de Tenerife (1.8%). The biggest drop, however, occurred in Lugo where owners are asking for 3.4% less for their homes. They are followed by falls in Cuenca (-1.8%), Ciudad Real and Ávila (-1.5% in both cases).
The ranking of the most expensive provinces is led by Madrid for the first time with 2,746 euro/m2, which is 255 euro/sq ft. Gipuzkoa is in second place (2,715 euro/m2 or 252 euro/sq ft) and then Barcelona (2,708 euro/m2 or 251 euro/sq ft).
Toledo is the cheapest province with a price of just 781 euro per square metre, the equivalent of 73 euro/sq ft. It is followed by Ávila (809 euro/m2 or 75 euro/sq ft) and Ciudad Real (843 euro/m2 or 78 euro/sq ft).
Provincial capitals
During the month of April, the number of capital cities of Spanish provinces that have increased in price has been 31 out of a total of 50. The most pronounced increase is the one experienced by Logroño, where the expectations of homeowners grew by 3.7%. In Madrid the increase was 2.5%, while in Granada it was 2.4%. In Barcelona, prices increased by 1%. Lugo, for its part, has marked the biggest fall of this month (-4.1%), followed by Lleida (-1.6%) and Segovia (-1.5%).
Barcelona is still the most expensive city in Spain, with an average price of 4,376 euro/m2, a whopping 407 euro/sq ft. It is followed by San Sebastián (4,140 euro/m2 or 385 euro/sq ft) and Madrid (3,630 euro/m2 or 337 euro/sq ft). Ávila, on the other hand, is the cheapest city, with 943 euro/m2 or 87 euro/sq ft, followed by Lleida (945 euro/m2 or 88 euro/sq ft) and Castellón (1,017 euro/m2 or 94 euro/sq ft).
The idealista property price index
idealista is currently the most used property marketplace in Spain for buying, selling and renting. With thousands of properties currently for sale, the research department at idealista has been analysing real estate prices since 2000. With eighteen years of research under its belt, idealista has become the standard source of data for countless analysis teams from banking and financial entities to public institutions.
To put together this property price index, idealista has analysed 405,520 property listings which were advertised on their database on 26th March 2018. To ensure the data is correct, properties which were previously priced outside of the market have not been counted in the analysis, as have single-family homes because they skewed the results in some areas. idealista’s property price index is compiled using offer prices per built square metre.
Alicante's most expensive neighbourhoods and their house prices
With its privileged climate and coastal charm, Alicante has become a top choice for those seeking quality and exclusivity on the Mediterranean. Rich in history and beaches, the city attracts a discerning clientele drawn to the Costa Blanca lifestyle.
Catalonia's most affordable town to buy a house
Buying a home in Catalonia without overspending remains achievable. While property prices pose challenges, several towns and villages still offer surprisingly affordable options. According to a recent report, Ulldecona, in Tarragona province, is the cheapest town in Catalonia to buy property, with prices well below the regional average. This article explores what life is like there, reveals the most affordable coastal town, and highlights other Catalan locations presenting unique real estate opp
Europeans, Latin Americans and Americans investing in Catalonia housing
According to the Association of Registrars, foreign demand for housing in Spain has slightly decreased in percentage terms but remains stable, accounting for 14.1%, still at the higher end of the historical range. Eight autonomous communities reported quarterly increases in the share of home purchases by foreigners. The highest proportions are found in the Balearic Islands (30%), Valencian Community (28.3%), Canary Islands (24.6%), Murcia (20.4%), Catalonia (15.6%) and Andalusia (14.2%).
Penthouse in Valencia sells in under 24 hours for €765,000
The sale of a penthouse for €765,000 in Valencia’s Mestalla neighbourhood, completed after a single viewing and in under 24 hours, underscores the strength of the city’s property market. Managed by the young agency Lion Capital Group, the transaction reflects growing demand for high-end homes and the importance of efficient, tailored service in closing premium deals.
Cheap Spanish property near the beach
Summer 2025 is in full swing, and for many, there’s no better time to dream of life by the sea. Whether you’re already soaking up the sun or planning your next escape, the Spanish coast remains a top choice for expats and holiday home buyers alike. With a wide range of property for sale in Spain with sea views, there’s something to suit every taste and budget. And despite concerns over rising living costs and mortgage rates, buying a home on the Spanish coast doesn’t have to cost a fortu
Alicante house prices hit record highs: what buyers should know
In June, property prices in Alicante hit a record €2,435/m², up 2.7% from May and 16.4% year-on-year, according to idealista. The most expensive areas are Playa de San Juan-El Cabo and the city centre, both exceeding €3,000/m², nearly three times the cost of Virgen del Remedio-Juan XXIII, the most affordable area at €1,067/m².
New homes in Benidorm winning over Dutch, Belgian and Polish buyers
Benidorm has become the preferred residential destination for European buyers aged 45 to 59, particularly from the Netherlands, Belgium and Poland. This group seeks modern, sustainable and well-connected homes for long-term stays or permanent residence. Developments such as Breeze, in Balcón de Finestrat, cater directly to this demand, offering sea views, A-class energy efficiency and an environment designed for year-round comfort.