The real estate market statistics in Spain provide key insights into property prices, rental trends, mortgage rates, and investment opportunities. As one of Europe’s most attractive property markets, Spain offers diverse real estate options, from luxury apartments in Madrid and Barcelona to affordable properties in coastal regions and smaller towns.
Understanding Spanish real estate market trends is essential for investors, homebuyers, and real estate professionals. This page presents up-to-date statistical data, a comparative overview of the Spanish housing market, and key insights into property price developments, rental market shifts, and mortgage conditions.
Spain Real Estate Market Data
| GDP | 1.6 trillion USD |
| GDP growth | 1.5% |
| GDP p.Person | 34,800 USD |
| Unemployment rate | 12.1% |
| Inflation rate | 3.3% |
| Price-to-Income Ratio | 8.7 |
| Commercial and retail property rental yield | 5.0% |
| Rental Income from Residential Property | 4.2% |
| Rising Property Prices: Historical and Current Price Dynamics | 6.1% |
| Vacancy rate | 6.8% |
| Construction Cost Index: Changes in Construction Costs | 4.2% |
| Construction Permits: Number of Projects Issued and Completed | 375,000 |
| Demand Analysis | 80% occupancy. |
| Housing Shortage: Cities with High Demand | 700,000 units. |
| Population growth | 0.3% |
| Level of urbanization | 80% |
| Average household income | 32,500 USD |
| Age structure | 44.3 years old |
| Real Estate Registration System: Transparency and Reliability. | 8/10 |
| Property Tax: Rates and Tax Benefits. | 1.1% |
| Tenant Protection Laws: Rent Caps, Tenant Rights. | 8/10 |
| Purchase by foreigners: Restrictions or special conditions. | 9/10 |
| Real Estate Financing | 580 billion USD |
| Mortgage Rates: Average rates on loans to purchase real estate. | 3.6% |
| Leveraged financing ratio: Percentage of borrowed funds in transactions | 62% |
| Lending volumes | 850 billion USD |
Spanish Housing Market Trends and European Comparison
For a broader perspective, you can access the full European real estate market statistics, which include data from Spain and other European countries. This report allows investors and analysts to compare the Spanish property market with trends across Europe.
