Property Prices Spain 2024 – Regional Overview

Aktualisiert: 2026-06-17

Property Prices in Spain at a Glance

Spain is one of the most sought-after real estate markets in Europe – for both domestic buyers and international investors. Prices vary enormously: from affordable regions inland to expensive coastal areas and major cities.

What Does a Square Metre Cost in Spain?

Approximate figures for existing residential properties (living area) by region:

RegionMedian €/m² (2024)
Madrid (city centre)approx. 3,800–4,800 €/m²
Barcelona (city centre)approx. 4,000–5,500 €/m²
Valencia (city)approx. 2,200–3,000 €/m²
Costa del Sol (Málaga)approx. 2,500–4,500 €/m²
Rural Castileapprox. 500–1,200 €/m²

These are approximate values based on aggregated market data. Actual prices vary considerably by location, condition and floor level.

Data Source: Catastro and Notary Statistics

Spain records property transactions through the Catastro (land registry) and notary statistics. Unlike France (DVF), there is no fully open individual transaction register. Groundcheck therefore uses aggregated regional data at NUTS-3 level for Spain – no plot-specific prices.

Understanding Regional Differences

Cities vs. Coast vs. Inland: Proximity to the coast and major cities is the main price driver in Spain. Madrid and Barcelona are priced similarly to mid-sized German cities.

Tourism pressure: Costa del Sol, Mallorca, the Canary Islands – strong international buyer demand has pushed prices well above Spain's inland market level.

Rural depopulation: In Castile-La Mancha, Extremadura or Aragon, prices below 600 €/m² are common – vacancies and population decline keep values low.

How to Find the Value for a Specific Address

On Groundcheck you can enter any address in Spain. A data quality badge shows you directly: for Spain this is a regional market estimate, not official plot-specific data.

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