How much does it cost to buy a house in Spain? [2026]

Over the first nine months of the year, Spain maintained a positive quarterly trend in second-hand house prices. Specifically, the third quarter of 2026 closed with a slight quarterly increase of 0.1% and a year-on-year rise of 13.8%, according to data from the Fotocasa Real Estate Index. With these increases recorded in September, the price of housing for sale stands at €3,136 per square metre.

The house market in Spain may be reaching a containment point following months of very sharp increases

How to buy a house in Spain as a non-resident foreigner

“Second-hand house prices are beginning to show signs of moderation in their rate of growth. The third quarter closed virtually flat, with a quarterly change of 0.1%, indicating that the market may be reaching a containment point following months of very sharp increases. However, this slowdown should not be interpreted as a drop in prices, as in year-on-year terms housing continues to see strong price growth.”

“We are dealing with a market that remains strained by very active demand and insufficient supply, but where buyers’ purchasing power is beginning to set a limit. Prices have reached very high levels, and the financial effort required to access housing is placing increasingly demanding burdens on households. That is why, although upward pressure remains present—especially in certain areas—we are beginning to see growth lose momentum,” explains María Matos, Director of Research at Fotocasa.

Price to buy a home by Autonomous Community in Spain (September 2026)

In terms of the price ranking by province, four exceed the €4,000 mark. The provinces with the highest house prices are Madrid at €5,376/sqm, the Balearic Islands at €5,348/sqm, Gipuzkoa at €4,842/sqm, and Malaga at €4,594/sqm.

House prices by province in Spain (September 2026)

Average housing price by province in Spain – September 2026 – Fotocasa

Across Spanish provinces, the third quarter of 2026 saw 36 quarterly price increases (72%) and 48 year-on-year increases (96%). The three provinces in Spain with the highest quarterly rises are Ávila (10.5%), Lleida (6.4%), and Zamora (5.8%). On the other hand, the three Spanish provinces registering the sharpest quarterly declines are Palencia (-10.2%), Seville (-2.6%), and Soria (-2.6%).

How much does It cost to buy a home in Spain’s main cities? (September 2026)

Across Spanish provincial capitals, the third quarter of 2026 recorded 30 quarterly increases (64%) and 46 year-on-year increases (94%). The three Spanish capitals with the highest quarterly rises are Ávila city (12.7%), Zamora city (11.1%), and Cáceres city (10%). On the other hand, the three provincial capitals in Spain with the sharpest house price declines over this period are Seville city (-6.6%), Las Palmas de Gran Canaria (-5.3%), and Huelva city (-5.2%).

Regarding the price ranking by provincial capital, four Spanish cities exceed the €5,000 mark: Donostia – San Sebastián at €7,028/sqm, Madrid city at €6,582/sqm, Barcelona city at €5,348/sqm, and Palma de Mallorca at €5,196/sqm.

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