The price of living in Spain


All options, all prices, what budgets are managed by the real estate sector in different cities so that users can enjoy a choice that adapts to needs and attractions Who can go to the beach or the mountains, Find a family destination or one to work remotely. On the other hand, it is important to consider the areas where rent is more expensive, or where the average price per square meter is higher than the average in Spain.

The pisos.com platform takes into account the different situations and which features would be the Spanish capital that best respond to specific needs. It is necessary to point out that prices and offers respond to places located in the city center, or some areas that appear due to certain characteristics. From cosmopolitan cities like Barcelona or Madrid, to cities where you can enjoy the beach like La Coruña, Donostia and San Sebastian, each place adapts to different needs.

In Barcelona, ​​the place defined by the platform as a space to “find love”, the average apartment price is 4446 € / m2. The cultural and gastronomic offer, crowded streets and Mediterranean climate accompany the favorite point. He explains in detail that an apartment for one person – he considers Les Corts as an option – has an average price of 110,000 euros and can be an investment because it can be rented quickly. The city of Barcelona is beyond average house price in spain, With 2,525.6 € / m2 according to 2022 information from the Housing and Land Observatory of the Ministry of Public Works, and with a rental price of 769 €. In addition, according to a report by Tinsa IMIE Mercados Locales (mortgage appraisal company), Barcelona is the second most expensive city in which to buy a home.

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In remote times, Santa Cruz de Tenerife offers a warm climate, beaches, nightlife, and diverse cultural offerings. The average price per square meter in the Canary City is 1946 euros – taking into account an apartment in Tuscal – in the city center, but with four rooms. The reference price for an apartment with these characteristics is €455,000.

According to data managed by real estate development company Kronos Homes in Spain and Portugal, there are already more than 311,000 tourist homes registered in the country. The most touristic cities are an excellent destination for investment in holiday accommodation, But it must be kept in mind that the house must be well connected and close to basic services. Madrid, Barcelona, ​​Cordoba or Seville are some of the cities that generate the most possibilities. Another option is the Mediterranean coast, with Catalonia, Valencia, and Andalusia.

If you choose a family destination, Donostia-San Sebastián offers charm and tradition. In 2023, according to information from Tinsa, San Sebastián is the most expensive city to buy a home. The average price of living in the center of this city famous for its bay, neighborhood and gastronomy is 5,754 EUR/m2. Here an average apartment is offered at a price of 568,000 EUR. For its part, A Coruña is a place of peace and harmony, with an average price of 2424 € / m², which means enjoying the beaches, the promenade and the proximity to the historic center.

capital and heritage

The capital, Madrid, offers a diverse business, cultural and leisure offer. In addition, it has one of the best public transport networks in Spain. At an average price of €4,562/sqm you can live on Gran Vía, a bustling commercial place. On the contrary, Santander provides an option to connect with nature and mountains. The capital of Cantabria is a choice for its bays, green mountains and gastronomy. The average house price is 2174 € / sqm. Madrid exceeds the average with an average housing price of 2696.6 € / m2 according to the Ministry’s Housing and Land Observatory, and also indicates that the average rental price is 819 €. Fomento asserts that Madrid, Catalonia, the Basque Country and the Balearic Islands are the communities where it is found Rent is more expensive House, and the capital is the third most expensive city in 2023 to buy a home in Spain, according to Tensa.

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The historic city of Toledo concludes, offering a journey into the past through its wide range of heritage and with it tourism. The average housing price in an apartment located in an area close to monuments and traditions is 1,666 EUR/m2. The platform highlights that an apartment in the heart of the old city can be worth around 214,000 EUR.

According to the General Council of Notaries, the month of August has historically been the period when the average price of buying a house is the lowest in Spain. “The volume of home sales continues to normalize, which is returning to its historical average, without the strong acceleration in activity that occurred between the second half of 2021 and the first half of 2022, but still at strong levels,” confirms Christina Arias. Director of the Tensa Studies Service.

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