Financial
The Spanish property market in figures Q4 2025
In Spain, the real estate market closed 2025 with strong growth figures.
During the fourth quarter of 2025, the market continued to perform exceptionally well: prices continued to rise, the number of transactions increased, and international interest remained very high.
Regions such as Alicante (Costa Blanca North & South), Málaga (Costa del Sol), and Costa Cálida were particularly strong performers.
The analysis is clear: the market isn’t cooling down, but stabilizing at a higher level.
In practice, this means that prices have risen by approximately 10% in recent years.
This phenomenon is due to the high and ever-growing international demand in these Costas. The supply of new construction barely covers 30% of the total demand.
In short, the law of supply and demand.
It should be noted, however, that until about three years ago, prices on the Spanish Costas were on average half the price of their competitors: the Canary Islands, the Balearic Islands, Italy, and the French Riviera.
Yes, prices on the Spanish Costas have risen in recent years, but compared to the aforementioned regions, they are still very competitive.
✅Continued price increases in almost all of Spain
The numbers:
Strong regional outliers:
Alicante – Costa Blanca North & South:
👉 around +17%/ last year
Málaga – Costa del Sol:
👉 +13 to 14%/ last year
Costa Cálida (Murcia):
👉 +8 to +10%/ last year, mainly in new construction and the higher segment
Prices are rising, but so is market activity.
👉 So the market is not only growing in value, but also in volume and confidence.
✅ New construction and luxury segment remain most popular
International investors account for 40 to 45% of transactions on the well-known Costas.
Most Popular:
The Costa Cálida, Murcia region deserves special attention here:
Prices are still clearly lower than in Alicante and Málaga, while the market continues to grow strongly (+8–10%).
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