In Spain, prices for secondary housing have reached a historic high. In the most expensive cities, a square meter costs over 6 thousand euros, while in some provinces housing is sold for less than a thousand euros.

The average cost of secondary housing in Spain in October 2026 reached 2,955 euros per square meter. Over the year, real estate rose in price by 11.2%, writes Idealista.

One of the possible reasons for the price increase is the reduction in the number of homes for sale. In Q3 2026, supply decreased by 9% compared to the same period last year.

At the same time, in Madrid the number of available properties increased by 14%, and in Valencia by 15%. Experts explain that due to high prices, some buyers are refraining from purchasing real estate. Because of this, in some large cities the number of apartments for sale has begun to increase.

The most expensive secondary housing among provincial capitals is sold in San Sebastián, where a square meter costs 6,635 euros. Almost as much will have to be paid in Madrid – 6,427 euros, while in Barcelona the average cost is 5,463 euros per square meter.

The lowest prices among provincial capitals were recorded in Zamora – 1,457 euros per square meter, Jaén – 1,464 euros, and Lleida – 1,561 euros. At the same time, apartments rose in price the most over the year in Teruel – by 26.9%, Ciudad Real – by 20%, and Pontevedra – by 19.4%.

The most expensive secondary housing among Spain's autonomous communities is sold in the Balearic Islands, and the cheapest in Extremadura. In October 2026, the average cost of secondary housing per square meter in individual regions was:

Even cheaper housing can be found in individual provinces. The lowest average cost was recorded in Ciudad Real – 882 euros per square meter, Jaén – 898 euros, Teruel – 902 euros, and Cuenca – 913 euros.

Over the year, secondary housing rose in price in all autonomous communities of Spain. Prices rose the most in Castilla-La Mancha – by 15.4%.

Recall that Ukrainians entered the top ten most active foreign real estate buyers in Spain. In Q1 2026, they purchased about 765 housing properties, and the largest share of transactions involving foreigners fell on Alicante.

79008, Ukraine, Lviv Oblast, city of Lviv, Halytska Square, building 15