How did Spanish Property Perform in 2023?

Despite global uncertainty, property prices in Spain surged in 2023. See how each of the provinces fared.

Posted on
January 17, 2024
Property Performance by Province in Spain in 2023

In 2023, despite high interest rates and global uncertainty, property prices in Spain grew substantially. Nationally,property values surged on average by an impressive 8.1%, with certain provinces experiencing even more remarkable increases. Notably, the Leon, Palencia, and Caceres provinces stood out, boasting spikes of 23% when compared to their 2022 prices.

Provinces that faired less favorably were Barcelona and Orense (both down -1.3%) Ciudad Real, (-0.6%) and Zamaro (-2.9%)

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Source: Idealista Price m2 2023 Annual Variation

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