Spain’s residential market heats up in 2025, with rising prices and growing territorial disparities

The latest analysis conducted by Accumin Intelligence in collaboration with Tinsa Spain confirms increasing upward pressure on residential property prices in 2025, alongside a growing territorial imbalance across the Spanish market.

Data for the second quarter of the year point to particularly strong performance in a significant number of cities and prime or tourist-driven locations. In total, 34 province capitals recorded year-on-year price increases above 5%, highlighting the strength of demand in major urban areas.

Several municipalities stand out for their exceptional momentum, including Benidorm, with a 19.6% annual increase, and Marbella, where prices rose by 17.2%. In Madrid, residential prices continue to show strong growth, increasing by 16.1% year-on-year and 4.4% compared to the previous quarter.

At a regional level, the analysis reveals that only 12 autonomous communities posted quarterly increases above 2%, underlining the uneven evolution of the residential market across Spain.

The national average theoretical affordability ratio, measuring the share of household income required to purchase a home, stands at 34.1%, indicating sustained pressure on housing affordability.

At Accumin Intelligence, these insights are transformed into strategic market knowledge, supporting better-informed decision-making across investment and financing in an increasingly complex real estate market environment.