Spain’s real estate market closed 2025 with a strong 20.5% increase in second-hand housing prices, bringing the average cost to €2,879/m², according to the latest data from Fotocasa.
This marks the highest annual rise in two decades and confirms the solid momentum of Spain’s property market, driven by both national and international demand.

Why Spain Second-Hand Housing Prices Keep Rising

The surge in Spain’s second-hand housing prices in 2025 can be explained by several structural factors.
First, demand continues to outpace supply by a wide margin — a trend that has persisted since the pandemic.

Buyers are seeking larger spaces, better locations, and upgraded amenities, particularly in coastal areas such as Costa Blanca and Costa Cálida, where lifestyle quality and the Mediterranean climate remain top attractions.

Demographic growth also plays a key role: increasing immigration, more single-person households, and the rise of remote work are pushing up housing needs in these regions.

Foreign Buyers Drive the Market Forward

According to Fotocasa, international buyers now account for nearly 15% of all transactions, while investors have doubled their market share to 10% in just two years.

The Costa Blanca and Costa Cálida continue to attract strong demand from Dutch, German, French, Belgian, and Nordic buyers, drawn by Spain’s legal security, lifestyle, and competitive prices compared to other Mediterranean destinations.

This international demand has had a direct impact on pricing:
well-located, renovated second-hand homes are selling faster — and often at higher values — than newly built properties.

Costa Blanca and Costa Cálida: Spain’s Fastest-Growing Real Estate Regions

Throughout 2025, the Valencian Community and the Region of Murcia recorded some of the strongest housing price increases in Spain.
Murcia leads with a 29.6% annual rise, followed by the Valencian Community at 24.4%, both well above the national average.

Towns such as Torrevieja, Orihuela Costa, Guardamar del Segura, La Manga del Mar Menor, and Los Alcázaresare among the most dynamic markets, driven by both local and international demand for coastal properties with high living standards.

Meanwhile, more inland areas show moderate growth, highlighting that Spain’s real estate strength is clearly concentrated along its Mediterranean coastlines.

A Trend That Will Continue in 2026

The financial and economic context continues to favor buyers and investors alike:

• Low interest rates support mortgage affordability.

• Rising employment and wages fuel domestic demand.

• Foreign investment remains strong, consolidating Spain’s position as one of Europe’s most attractive housing markets.

With more than 200,000 new households created annually versus only 100,000 new homes built, the structural shortage of supply suggests that Spain’s second-hand housing prices will likely continue to rise throughout 2026.

In Summary

The Spain second-hand housing prices 2025 data confirms a stable, high-demand market with strong international appeal.
The Costa Blanca and Costa Cálida stand out as key growth drivers, combining profitability, lifestyle, and long-term value for buyers and investors alike.

At Esentya Estate, we assist international clients throughout the entire buying process, offering expert advice, multilingual service, and access to the most desirable homes on Spain’s Mediterranean coast.

Sources: Fotocasa, Idealista