Alenda Golf Property Price Rise

In January, the Spanish second-hand housing market witnessed a modest increase in prices, marking a 0.6% rise from December.

However, the year-on-year analysis presents a more significant growth of 7.5%, setting the average price at €2,215 per square metre, as reported by the Fotocasa Real Estate Index. This annual growth rate represents a slight deceleration compared to January 2023’s increase of 9%.

Key Highlights:

  • Modest Monthly Increase: January saw a 0.6% price increase compared to December.
  • Annual Growth Rate: A 7.5% year-on-year increase, albeit lower than the 9% growth recorded in January 2023.
  • Local Variances: A detailed look at 655 municipalities revealed:
  • Prices rose in 84% of municipalities on a year-on-year basis.
  • In 53 municipalities, prices surged by more than 20%, with 8 witnessing growth above 40%. Notably, Torre-Pacheco saw a remarkable 57.3% increase, followed by San Miguel de Salinas at 50.2%.
  • Provincial Perspectives: Among the 50 provinces analysed, 88% experienced a year-on-year price rise in January. Alicante and Murcia stood out with increases of 12.6% and 11.1%, respectively.

The mixed picture of Spain’s second-hand housing market underscores the nuanced nature of regional market dynamics.

While the overall trend indicates growth, the variance at local and provincial levels highlights areas of significant investment potential.

Want to know more about investing at Alenda Golf then contact us at or call + 34 649 649 018