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

In the first three months of the year, Spain experienced its highest quarterly variation in the price of resale homes for this period. Specifically, the first quarter of 2026 closed with a quarterly increase of 4.7% and a year-on-year increase of 21.1%, according to data from the Fotocasa Real Estate Index. These increases, observed in March, put the price of homes for sale at €3,014 per square meter.

¿Cuánto cuesta alquilar un piso en España?

The strong growth, both quarterly and year-on-year, confirms that housing prices in Spain remain firmly in an upward trend

“The strong growth, both quarterly and year-on-year, confirms that housing prices in Spain remain firmly in an upward trend. This is not a one-off surge, as we have now recorded six consecutive months of year-on-year increases exceeding 18%, demonstrating that the trend is fully established. In fact, in March the market reached record highs, standing 2.1% above the levels recorded during the 2007 housing bubble. This behavior is also reflected in the most strained regions, such as Andalusia, the Balearic Islands, the Canary Islands, Madrid, and the Basque Country, which are leading the way in attracting population and driving economic dynamism. Behind this surge lies a combination of record-high demand that has rebounded strongly, driven by more favorable mortgage conditions, versus a supply that remains structurally insufficient,” explains María Matos, Director of Research and spokesperson for Fotocasa.

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

Regarding the price ranking by region, the Balearic Islands and Madrid occupy the top positions, exceeding the €5,000 mark. Specifically, the Balearic Islands have the highest prices at €5,395/m², followed by Madrid at €5,372/m².

Fotocasa Real Estate Index

Next are the Basque Country with 3,758 euros/m2, the Canary Islands with 3,397 euros/m2, Catalonia with 3,354 euros/m2, Andalusia with 2,860 euros/m2, the Valencian Community with 2,712 euros/m2, Cantabria with 2,583 euros/m2, Asturias with 2,317 euros/m2, Navarre with 2,291 euros/m2, Galicia with 2,209 euros/m2, the Region of Murcia with 2,017 euros/m2, Aragon with 1,894 euros/m2, La Rioja with 1,844 euros/m2, Castile and León with 1,719 euros/m2, Castile-La Mancha with 1,358 euros/m2 and Extremadura with 1,325 euros/m2.

Fotocasa Real Estate Index

Price to buy a home by province in Spain (April 2026)

Regarding the ranking of prices by province, nine exceed the €3,000 mark. The provinces with the highest housing prices are: Illes Balears at €5,395/m², followed by Madrid at €5,372/m², Málaga at €4,490/m², Gipuzkoa at €4,458/m², Santa Cruz de Tenerife at €3,725/m², Barcelona at €3,666/m², Bizkaia at €3,536/m², Girona at €3,113/m², and Alicante at €3,022/m².

Fotocasa Real Estate Index