Spain property investment guide
Prices, price growth and rental yields, region by region
Home prices in Spain rose 6.1% a year on average from 2016 to 2025, the 18th fastest of 35 European countries. Renting out on 12-month lets earned a gross yield of 6.9% of the price a year, falling from 7.5% in 2016 to 5.6% in 2025 as prices outpaced rents. A square metre cost €2,128 in 2025.
Updated 2026-10-28 · Data 2015–2026 so far
Regions of Spain
| Ciudad de Ceuta | +7.3% | 6.9%* | €2,031 | – |
|---|---|---|---|---|
| Comunidad de Madrid | +7.2% | 7.0% | €3,686 | – |
| Ciudad de Melilla | +7.0% | 6.9%* | €2,031 | – |
| Illes Balears | +6.9% | 6.9%* | €3,609 | 3 |
| Cataluña | +6.5% | 6.9%* | €2,536 | 4 |
| Andalucía | +6.0% | 6.9%* | €1,775 | 8 |
| Cantabria | +5.8% | 6.9%* | €1,886 | – |
| Canarias | +5.7% | 6.9%* | €2,044 | 7 |
| Aragón | +5.6% | 6.9%* | €1,567 | 3 |
| Comunitat Valenciana | +5.3% | 6.9%* | €1,708 | 3 |
| La Rioja | +5.2% | 6.9%* | €1,335 | – |
| País Vasco | +5.2% | 6.9%* | €2,835 | 3 |
| Región de Murcia | +5.1% | 6.9%* | €1,210 | – |
| Comunidad Foral de Navarra | +5.0% | 6.9%* | €1,790 | – |
| Galicia | +4.8% | 6.9%* | €1,500 | 4 |
| Principado de Asturias | +4.8% | 6.9%* | €1,601 | – |
| Castilla y León | +4.8% | 6.9%* | €1,188 | 9 |
| Castilla-La Mancha | +3.6% | 6.9%* | €1,074 | 5 |
| Extremadura | +3.4% | 6.9%* | €926 | 2 |
Price growth: 2016–2025, compound average per year, in the country's own currency, before inflation. Rental yields: 12-month lets, gross. Price per m²: latest year, from the best published source for each area. * Figure of the larger area: no local data. – no data.
All 70 areas in Spain
Each with its own prices, growth and yields
Price growth by year
% change on the year before
How Spain compares
Median of 35 countries with a price index, 2016–2025.
Questions
What is the average property price per m² in Spain?
€2,128 per m² in 2025, from Ministry of Housing and Urban Agenda (MIVAU). It ranges from €926 in Extremadura to €3,686 in Comunidad de Madrid.
How much have property prices risen in Spain?
+6.1% a year on average from 2016 to 2025, and +12.5% in 2026 so far.
What rental yield can you get in Spain?
6.9% of the price a year on average for 12-month lets in 2016–2025, and 5.6% in 2025. These are gross figures, before costs, fees, empty months and tax.
Which region of Spain had the highest price growth?
Ciudad de Ceuta, at +7.3% a year from 2016 to 2025, ahead of Comunidad de Madrid at +7.2%.
Sources
Looking at a property in Spain?
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