Overview
- Second‑hand home prices jumped 20.5% nationwide in 2025 to about €2,879 per m², the sharpest annual rise in Fotocasa’s two‑decade series.
- Murcia posted the largest increase at 29.6% to €1,924 per m², the Canary Islands rose 21.3% to €3,319 per m², and Galicia advanced 13.2%, with some municipalities such as Marín recording extreme gains.
- València’s new‑build market shows acute scarcity, with average prices now above €4,000 per m² and only 137 new multifamily units available, according to the UPV housing observatory.
- Eurostat reports Spain’s Q3 2025 prices up 2.9% quarter‑on‑quarter and 12.8% year‑on‑year, well above eurozone and EU averages of around 5% annual gains.
- Rental pressures are intensifying in local markets, with Vigo listings showing only about one in five rooms available for under €300 on Idealista.