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On 18 June 2026 the Bank of Spain published an estimate of the country's housing gap: roughly 750,000 homes accumulated between 2021 and 2025, the difference between new households formed and homes actually built. More than half of that shortfall, 52.5%, sits in just six provinces: Madrid, Barcelona, Alicante, Valencia, Murcia and Malaga. Those provinces house 36% of Spanish families and feel the supply squeeze hardest, which lines up directly with the price data above. The central bank points to a straightforward cause:...

The proposal that's unsettled foreign buyers for two years, a 100% surcharge on transfer tax for non-EU, non-resident purchasers, remains a proposal, not law. Prime Minister Pedro Sánchez announced it on 13 January 2025 as part of a 12-point housing package. Since then Congress has held no vote on it, no formal debate and no committee review. The government's own January 2026 housing package pushed it further down the agenda. The reason is parliamentary arithmetic. Sánchez leads a minority government and lacks the votes: one...

Global Property Guide's first-quarter 2026 figures put Spain's average gross rental yield for apartments at 5.45%. Barcelona came out on top among the cities surveyed, at 7.40%, well above the national average. The logic is simple: yields climb where rental demand is strong and buying in is still relatively affordable. Barcelona ticks both boxes, with steady demand from students, expats and the tourist segment, and purchase prices that have not caught up with, say, Madrid. The figure matters alongside the INE data above....

Spain's National Statistics Institute (INE) published its house price index for the second quarter of 2026 on 7 September: prices rose 12.2% year on year. That's 0.7 percentage points below the first quarter's 12.9%, but it still marks the sixth straight quarter above 12% growth. New and resale homes are moving at different speeds. New-build prices grew 7.4% year on year, a noticeably slower pace than before. Resale homes kept up a much stronger rate: 12.9% annually, barely down from the previous quarter. Quarter on quarter, from...

Since the start of August three separate stories about restrictions on the Spanish housing market have surfaced: Palma has set a requirement of 15 years' residence in the Balearics to qualify for new flats, a Catalan law limiting purchases has received an adverse opinion from a constitutional body, and the state is simultaneously launching a €12.25 billion fund to build affordable housing. From these headlines a single conclusion often gets drawn: foreigners are about to be shut out of the market. Here is a point-by-point look at which...

Anyone renewing a tenancy this summer will see the steepest increase in twenty months. On a rent of €1,000 a month the rise comes to between €25 and €36 — that is €290 to €420 over a year, and up to €600 in Barcelona. What is more, two neighbours with identical flats in the same building will be handed different amounts, and the reason lies neither in the building, nor the city, nor even the landlord, but in the date the contract was signed. Here is which index applies to which contract, what it means in money, how quickly homes are being...

Spain’s mortgage market keeps gathering pace. On 20 July, the statistics office INE published its figures for May 2026: banks arranged 40,010 home mortgages — 2.3% more than a year earlier. The average loan grew by 11.1% to €173,331. At the same time borrowing got cheaper: the average rate on new home loans dropped to 2.90%. For buyers, this means money for a home in Spain is being taken out more readily, and servicing it has become a little easier. Content:

Investor activity from Russia decreased by 33% in Q2 2024 compared to Q2 2023. What happened? According to information from the Association of Registrars, Russian citizens demonstrated the most significant decline in attraction for foreign investors. French investors rank second in declining activity (-24%), with Ukrainian citizens showing increased interest in Spanish real estate (+7%). Furthermore, Spanish registrars published data for the first six months of 2024. Over 43,000 real estate deals were conducted with...

The average price per 1 m2 in the new buildings category was €2,194 in Q2 2024. About the main thing According to the Board of Registrars of Spain, the growth rate of Spanish real estate is on the rise, with prices growing by 2.9% from April to June. Prices in the secondary market, which makes up 80% of transactions, rose by 3.8%, while they only increased by 0.3% in the new buildings category. The instability of the market, limited new projects and significant differences in characteristics, such as comfort...

The year 2023 posed challenges for the Spanish real estate market due to factors such as global economic instability and rising interest rates. Despite these difficulties, the sector showcased a degree of adaptability, with varied results across different segments. Content: Housing Sales Housing Prices Mortgages Outlook for 2024