Market report

Spain new-build market report 2025

We break down the Spanish new-build market on our own data: where rental yield is highest, what a square metre costs on each coast, how prices are distributed and where the most stock sits. Every chart is built on the real catalogue, not eyeballed.

Data updated: 2026-07-09

Spain new-build market report 2025
Properties in dataset
130
Average yield
5.6%
Top by yield
Alicante · 5.7%
Coasts
5

Rental yield by region

Average gross yield, %

Average gross rental yield by region, %Alicante5.7%Valencia5.6%Málaga5.6%Illes Balears5.5%Las Palmas5.5%Santa Cruz de Ten…5.1%
Average gross rental yield by region, %

Yield is highest in Alicante — averaging 5.7%. Across the dataset the average gross yield sits around 5.6%: affordable coasts hit the upper end, premium ones the lower end but with stronger capital growth.

Price per m² by coast

Average price per square metre, €

Average price per square metre by coast, €Mallorca€6,375/m²Costa del Sol€5,180/m²Canary Islands€4,503/m²Costa Blanca€3,699/m²Costa de Valencia€3,382/m²
Average price per square metre by coast, €

The dearest square metre is Mallorca (€6,375/m²), the most affordable is Costa de Valencia (€3,382/m²). The entry-price gap between coasts drives both the entry point and how fast an investment pays back.

Price distribution

How many properties sit in each price band

Number of new-builds by price band€750k+48€500–750k35€350–500k26€200–350k19< €200k2
Number of new-builds by price band

Most new-builds cluster in the mid price band, and off-plan stock makes up around 55% — buying at construction-stage prices leaves headroom on value by completion.

New-builds by region

How much stock each region covers

Number of new-builds by regionMálaga47Alicante43Illes Balears16Valencia10Santa Cruz de Ten…8Las Palmas6
Number of new-builds by region
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See also