Overview
- National average prices reached €2,879 per m², marking the largest annual rise in Fotocasa’s 20-year index.
- Región de Murcia posted the steepest increase, up 29.6% year over year to €1,924 per m².
- Canary Islands prices rose 21.3% to €3,319 per m², with Santa Cruz de Tenerife up 22.7% and Las Palmas up 19.3% (averages €3,668 and €2,777 per m²).
- Balearic Islands and Madrid remain the most expensive markets by level at about €5,267 and €5,206 per m², far above the national mean.
- Regional and local gaps are stark: Galicia advanced 13.2%, with outsized municipal moves such as Marín (+48%) and wide spreads like Sanxenxo (€3,536 per m²) versus Vilagarcía (€1,813), while Valencia’s new-build market shows a supply crunch with prices above €4,000 per m² and only 137 units available.