Spain Property Market Update – Strong Growth Continues, with the Mediterranean Coast Gaining Momentum
Spain’s property market continues to show strong momentum, with prices rising 1.1% in March and now sitting 14.7% higher year-on-year—well ahead of inflation.
| Oasis Beach in Altea (Mascarat) - First line with stunning sea views - 595.000 Euros (plus taaxes) |
While growth in major cities is beginning to stabilise, the Mediterranean coastline is gaining pace. Areas like the Alicante province and Costa Blanca are seeing sustained demand, particularly from international buyers seeking lifestyle properties, second homes, and long-term investments.
Notably, smaller municipalities—many of them coastal or near-coastal—are now recording double-digit annual growth for the first time since 2007, underlining a clear shift towards space, privacy, and quality of life.
Despite this strong performance, property values in Spain remain 3.8% below previous peak levels, leaving further room for growth—especially in prime coastal locations.
According to Tinsa by Accumin, price growth remains robust, with only a slight moderation in real terms as urban markets cool.
What This Means for Buyers
For those considering the Costa Blanca, the message is clear:
- Demand remains strong and consistent
- Coastal markets are outperforming cities
- Prices are still below peak—with upward potential
Well-positioned properties in sought-after areas like Altea, Jávea and Moraira continue to represent some of the best opportunities in today’s Spanish market.
Comments