The average price per m2 of a house in Spain is 1,458 euros but the price of property in Spain varies according to the region.
The table below shows the comparative price of property (not of land and not of brand new houses) in Spain's 10 most popular provinces based on property valuations carried out this year all over Spain by TINSA, Spain's largest property valuation company whose quarterly and yearly reports are often quoted by the Spanish media and used for articles related to the Spanish property prices.
Average valuation per m2
Source: TINSA, 2004
The most expensive provinces at the moment in Spain are Malaga and Cadiz. The Costa del Sol is still very much in demand with property buyers from abroad because despite higher prices, these two popular provinces offer the best property revaluation prospects (29% and 24% respectively) in Spain. However in 2005 this trend has changed, and some experts claim that property prices in Costa del Sol may have reached their peak.
average price of property in Spain's Costa Blanca (where small coastal towns like
Javea, Moraira, Altea, Denia, Benissa... have large areas of holiday villas occupied
by foreign residents), is actually just below the average price of property in
|Other useful links|
|Latest news on the property market in Spain Selection of news articles related to the real estate market here.|
|Mortgages in Spain, a brief introduction to the Spanish mortgage market, how it works and interest rates in Spain|
|Spanish banks, before applying for a mortgage, find out more about Spain's most popular banks and Spanish savings banks.|
|Property taxes in Spain, description of taxes involved in purchasing property and yearly property taxes in Spain.|
|Useful Spanish vocab for buying a house - you should learn at least the basic terms. Check out our pronunciation guide too.|
|Renting property in Spain - if you want to buy to rent, then read this section and our free notice board of property to rent in Spain.|
|Spanish lawyers - information on lawyers fees in Spain for property transactions|
|Houses for sale in Spain - take a look at the kind of houses available. Or check out our free Spain property for sale board.|