The cost of housing in Spain
Cost of housing
Average price per square meter in Spain
The numbers show that 2016 was a rebound year for the sector, with the national median market price increasing by 4.7% for the first time since 2007. Following in 2016’s footsteps, 2017 began its first semester with a 1.2% increase on appraised home value. These increases are not equally visible throughout the country, however, with 31 provinces trending upwards while the rest have trended downwards.
It is easy to see how Vizcaya, Guipúzcoa, Barcelona, Madrid, and the Balearic Islands top the list with the highest prices per square meter, while Ciudad Real, Teruel, Cuenca, and Jaén close the list with the lowest prices per square meter. In any case, the national average for the first semester of 2017 closed at €1,530 per square meter, a figure that, according to predictions, will increase again in the next period.