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Living the Digital Nomad Lifestyle in Marbella

admin | 24th July 2025 | Andalucía, Lifestyle, Málaga, Marbella, Property For Sale, Property Market, Spain

Digital Nomad Lifestyle: The Ultimate Guide to Buying a Remote‑Work Home in Marbella

Remote‑work home in Marbella

The rise of remote work has transformed how and where we live. No longer confined to a desk in a corporate office, digital nomads blend work and leisure, seeking inspiring locales with robust infrastructure, warm climates, and vibrant communities. Marbella—long renowned for its glitzy beaches and upscale amenities—has quietly evolved into a top destination for remote professionals. In this ultimate guide, we’ll walk you through everything you need to know to buy your perfect work‑from‑home property on the Costa del Sol: from visas and tax perks to fiber‑optic neighborhoods, home‑office design tips, financing strategies, and lifestyle highlights.

1. Who Are Digital Nomads? Profiles and Motivations

Digital nomads are location‑independent professionals who leverage technology to work remotely. They may include:

Freelancers & Consultants: Web developers, graphic designers, marketing strategists.
Entrepreneurs & Start‑Up Founders: Launching or running online businesses.
Corporate Remote Workers: Employees of multinational firms on flexible remote‑work policies.
Content Creators & Educators: Bloggers, influencers, language tutors, online course instructors.

Key Motivations:

Quality of Life: Balancing work with beaches, hiking trails, and cultural immersion.
Cost Efficiency: Favorable exchange rates and lower living costs compared to Northern Europe.
Inspiration & Well‑Being: New environments spark creativity and reduce burnout.

2. Connectivity & Co‑Working: Essential Infrastructure

Reliable, high‑speed internet and collaborative workspaces are the backbone of a nomadic lifestyle. Marbella offers:

Fiber‑Optic Internet: Available in most urbanized zones; top providers include Movistar, Orange, and MásMóvil offering up to 1 Gbps.
Co‑Working Hubs:
- The Living Room Marbella (Nueva Andalucía): Stylish lounges, private booths, event calendar.
- Workingspace (Marbella Centro): Flexible desks, meeting rooms, virtual‑office services.
- Coworking San Pedro (San Pedro Alcántara): Community‑driven, regular networking events.
Cafés with Reliable Wi‑Fi: Café con Libros, Pantai, and Cloud Café offer strong signals and ergonomic seating.

Buyer Tip: Verify fiber availability before purchasing—ask the agent to confirm line readiness and installation timelines.

3. Home Office Design: Creating Your Productivity Sanctuary

A well‑designed home office blends comfort, functionality, and inspiration. Consider:

Dedicated Space: A separate room or corner with a door to minimize distractions.
Ergonomic Furniture: Height‑adjustable desk, ergonomic chair, monitor stand to support healthy posture.
Natural Light & Views: Position your desk near a window for daylight and sea or garden vistas.
Acoustic Treatment: Rugs, curtains, or acoustic panels to dampen noise and echo.
Tech Setup:
- Dual‑monitor mount for expanded screen real estate.
- High‑quality webcam, noise‑cancelling headset, and backup power supply (UPS).
Aesthetic Touches: Plants, artwork, or vision boards to personalize and boost creativity.

4. Visas & Taxation: Navigating Spain’s Digital‑Nomad Landscape

Spain has recently introduced tailored visa routes and tax incentives to attract remote professionals:

Digital Nomad Visa (Ley de Startups):
- Eligibility: Non‑EU nationals employed by non‑Spanish companies or self‑employed with international clients.
- Duration: Up to 5 years, with a favorable 15% flat income‑tax rate on up to €600,000 of income.
- Requirements: Proof of remote‑work contract or freelance contracts, health insurance, and sufficient means.
Golden Visa (Investment Route):
- Minimum Investment: €500,000 in real estate.
- Advantages: No minimum stay requirement, family inclusion, unrestricted work rights.
Non‑Lucrative Visa:
- For Retirees & Investors: Requires proof of stable passive income (~€27,000 annually).
- Limitations: Does not allow local employment, but you can operate remotely for non‑Spanish clients.

Buyer Tip: Engage a specialized immigration lawyer to guide you through documentation and application timelines (typically 2–3 months).

5. Financing Tips: Mortgage Options for Location‑Independent Professionals

Securing a mortgage as a digital nomad may seem daunting, but Spanish banks and international lenders offer tailored solutions:

Spanish Banks: Santander, BBVA, Sabadell provide up to 70% LTV (loan-to-value) for non‑residents, with interest rates starting around 2.5–3%.
International Lenders: Specialized nomad‑friendly lenders (e.g., Mortgage Direct Spain, HolaBank) may offer higher LTVs or flexible income‑verification criteria.
Document Checklist:
- Proof of income (bank statements, freelance invoices, tax returns).
- Employment contracts or client agreements.
- Spanish NIE (tax identification number).
Currency Hedging: If your income is in GBP, USD, or other currencies, consider forward contracts or multi‑currency accounts to mitigate exchange‑rate risk.

Buyer Tip: Maintain a strong credit score and savings buffer (3–6 months of expenses) to strengthen your mortgage application.

6. Lifestyle Perks: Balancing Work and Leisure

Marbella delivers far more than Zoom calls:

Beach & Water Sports: Playa de la Fontanilla for swimming; kite‑surfing at Tarifa (short drive).
Hiking & Nature: Sierra Blanca trails and the Camino de la Cañada Real.
Cultural Events: Marbella International Film Festival, Noche de San Juan beach parties, monthly art markets in San Pedro.
Networking & Community:
- Meetup Groups: “Digital Nomads Marbella,” “Marbella Tech & Startups.”
- Incubators & Start‑Up Meetups: Andalusia’s regional innovation hubs host pitch nights and workshops.

7. Top Neighborhood Picks: Finding Your Base

Northeastern Marbella (Nueva Andalucía & Puerto Banús):
- Pros: High‑speed connectivity, luxury amenities, marina‑side cafés.
- Ideal For: Those wanting a vibrant social scene and premium services.
San Pedro Alcántara:
- Pros: More affordable, authentic Spanish community, beachfront paseo.
- Ideal For: Budget‑conscious nomads seeking local flavor.
Marbella Centro & Old Town:
- Pros: Historic charm, pedestrianized streets, boutique cafés.
- Ideal For: Lifestyle‑focused buyers valuing walkability.
Coín & Alhaurín el Grande (Inland):
- Pros: Mountain views, lower property prices, rural tranquility.
- Ideal For: Nature enthusiasts with car access.

Buyer Tip: Spend at least a week in each area during different seasons to gauge noise levels, internet reliability, and community fit.

8. Next Steps & Resources

Schedule Virtual Viewings: Many agencies offer live‑streamed tours and VR walkthroughs.
Build Your Support Team: Realtor, lawyer, mortgage broker, and relocation consultant.
Join Local Expat Forums: Facebook groups like “Marbella Digital Nomads” to ask real‑time questions.
Plan a Scouting Trip: Short‑term Airbnb stays let you “test‑drive” neighborhoods.

Sustainable Living on the Costa del Sol

admin | 18th July 2025 | Costa del Sol, Sustainable Homes

Sustainable homes on the costa del sol top eco trends for 2025

Eco‑Friendly Home Trends for 2025 and Beyond

Sustainable homes on the costa del sol top eco trends for 2025

The Costa del Sol’s sun‑drenched beaches, historic white‑washed villages, and world‑class golf courses have long been magnets for homebuyers and investors from across Europe—and indeed, the

globe. But today’s savvy buyers demand more than a stunning sea view and Mediterranean climate. They want properties that not only deliver comfort and style, but also minimize environmental impact, reduce ongoing running costs, and future‑proof their investment against evolving regulations and climate challenges. In this comprehensive guide, we explore the top eco‑friendly home trends reshaping Marbella and its surrounds in 2025, and show you how to identify truly sustainable properties in this coveted market.

Why Sustainability Matters in Mediterranean Real Estate

Mediterranean Spain faces mounting environmental pressures: intensifying summer heatwaves, chronic water scarcity, and growing wildfire risk inland. Against this backdrop, green construction and energy‑efficient design aren’t just “nice to have”—they’re rapidly becoming must‑have features that safeguard long‑term property values and appeal to a broader global audience focused on ESG (Environmental, Social, Governance) principles.

Lower Operating Costs: Sustainable homes typically reduce energy bills by 30–60% and water bills by 20–50%, thanks to efficient systems and water‑saving fixtures.
Resale & Rental Appeal: International buyers and high‑end holiday renters increasingly filter search results by EPC (Energy Performance Certificate) ratings, favoring “A+” and “A” properties.
Regulatory Alignment: The EU’s Green Deal and Spain’s climate targets are driving stricter building codes—early adopters will face fewer retrofit costs down the road.

1. Green Certifications & Standards

Verifiable third‑party certifications separate genuine sustainable developments from greenwash. In Marbella and nearby towns, look for:

LEED (Leadership in Energy and Environmental Design): A North American standard with growing adoption in Spain. LEED Gold or Platinum projects typically achieve 20–50% energy savings versus conventional construction.
BREEAM (Building Research Establishment Environmental Assessment Method): Europe’s leading certification, with “Excellent” and “Outstanding” ratings requiring rigorous energy, water, materials, and health‑and‑wellness assessments.
Passivhaus (Passive House): German‑origin standard for ultra‑low energy buildings. Passivhaus villas on the Costa del Sol boast airtight envelopes, super‑insulated walls, and balanced ventilation with heat recovery, limiting heating/cooling needs to under 15 kWh/m² annually.

Buyer Tip: Always request official certification documents and cross‑check them against project websites or the certifier’s registry.

2. Eco‑Construction Materials

Choosing the right materials reduces a home’s “embodied carbon” (the emissions from material production and transport) and safeguards indoor air quality:

Material	Benefit	Typical Use Case
Recycled Concrete Aggregate	Up to 30–40% less embodied carbon	Foundations, structural slabs
Reclaimed Hardwood	Diverts timber from landfill; unique patina	Flooring, feature walls
Bamboo	Fast‑renewable, high tensile strength	Flooring, cabinetry, decking
Low‑VOC Paints & Adhesives	Cuts volatile organic compounds by 80–90%	All interior finishes
Hempcrete & Cork Insulation	Excellent thermal & acoustic performance	Wall infill, roof insulation

Buyer Tip: During site visits, ask contractors for material sourcing certificates or ask your agent to arrange a “materials walk” to verify spec.

3. Energy Efficiency Systems

Capitalizing on Spain’s abundant sunshine and mild winters, leading developments incorporate integrated energy solutions:

Solar Photovoltaic (PV) Panels: Modern thin‑film and bifacial modules achieve up to 25% greater output. Combined with net‑metering schemes, surplus electricity can be fed back to the grid for credits.
Thermal Solar Collectors: Dedicated panels for hot‑water production can satisfy 60–80% of a household’s domestic hot water needs, even in autumn and spring.
Heat Pumps: Air‑to‑water and ground‑source units deliver up to 4× the output energy compared to electricity input, providing efficient heating in winter and cooling in summer.
Smart Energy Management: AI‑driven home‑automation platforms coordinate lighting, shading, HVAC, and pool pumps to run during off‑peak hours or when solar generation peaks, yielding an incremental 10–20% energy saving.

Buyer Tip: Verify installed system capacities (kW peak for PV, COP for heat pumps) and review historical energy bills if available.

4. Water Conservation Strategies

The Costa del Sol’s semi‑arid climate necessitates careful water stewardship.

Rainwater Harvesting: Underground cisterns (5,000–20,000 L) collect rooftop runoff, which can be filtered for irrigation and toilet flushing—easing pressure on municipal supplies.
Greywater Recycling: Multi‑stage filters treat sink, shower, and laundry outflow for non‑potable reuse; can reduce mains consumption by up to 50%.
Xeriscaping & Native Planting: Drought‑tolerant species—olive trees, rosemary, lavender, cistus—offer year‑round greenery with minimal irrigation. Drip‑irrigation systems further optimize water delivery.
Smart Irrigation Controllers: Soil‑moisture sensors and weather‑forecast integration suspend watering before rain or when moisture thresholds are met.

Buyer Tip: During walkthroughs, ask to see the control panels for irrigation and greywater systems; poorly maintained equipment can negate the benefits.

5. Indoor Environmental Quality & Wellness

Beyond energy and water, holistic sustainability addresses occupant health:

Ventilation with Heat Recovery (MVHR): Continuously supplies fresh air while reclaiming up to 90% of heat in winter (and coolness in summer).
Natural Daylighting & Shading: Strategically oriented windows, light shelves, and adjustable external louvers minimize glare and reduce artificial‑lighting loads.
Non‑Toxic Finishes: Certified low‑VOC paints, formaldehyde‑free cabinetry, and mineral‑based floor sealants promote superior indoor air quality.
Biophilic Elements: Indoor green walls, atriums, and connection to outdoor terraces enhance psychological well‑being and physical comfort.

Buyer Tip: Inspect for visible mold, musty odors, or condensation—all warning signs that ventilation and moisture control may be inadequate.

6. Case Studies: Standout Eco‑Developments

Sol Verde Villas (Ojén): Six Passivhaus‑certified villas featuring rooftop PV arrays (6 kWp each), ground‑source heat pumps, and communal greywater system—sold out within six months of launch.
Marbella Green Residences (San Pedro): BREEAM “Excellent” mid‑rise apartments boasting bamboo flooring, EV‑charging ports at every parking bay, and a rooftop community garden irrigated with harvested rainwater.
Sierra Blanca Eco‑Estate (Marbella Golden Mile): Private gated community with hempcrete walls, cork‑insulated roofs, and a microgrid combining PV, battery storage, and diesel backup for uninterrupted power.

7. How to Spot a Genuinely Sustainable Property

To separate marketing spin from measurable green benefits, follow these steps:

Request Certification Documentation: LEED, BREEAM, or Passivhaus certificates should be recent and project‑specific—contact certifiers directly if in doubt.
Examine the EPC Label: Aim for “A+” or “A” ratings; an “E” or lower is a red flag.
Review System Specs: Check heat‑pump COP, PV panel manufacturer and warranty, battery capacity (kWh), and inverter brand.
Assess Maintenance Requirements: Sustainable systems require periodic servicing—solar inverter checks, filter changes for greywater and MVHR units. Budget these into your annual running costs.
Investigate Developer Reputation: Established builders with prior eco projects are more likely to deliver on green promises than speculative newcomers.

8. Future Outlook: Trends to Watch

Energy Communities: Neighbourhood‑scale microgrids where homeowners share solar and storage, lowering costs and enhancing resilience.
Circular‑Economy Materials: On‑site recycling of construction waste into aggregate, and modular components designed for disassembly and reuse.
Advanced Building Automation: AI that learns occupant behaviour, weather patterns, and grid signals to optimize resource use without compromising comfort.
Regenerative Design: Projects that restore local ecosystems—reforestation, wetland creation, and biodiversity corridors—beyond merely reducing harm.

Guide For British Buyers Post-Brexit

admin | 24th June 2025 | Andalucía, Brexit, Buying, Costa del Sol, Málaga, Marbella, New Developments, News, Property For Sale, Property Market, Property Tax, Spain

Despite Brexit, Brits can stll purchase Spanish property

Despite Brexit, Brits can still buy in Spain

Since the United Kingdom officially left the European Union on 31 January 2020, British nationals purchasing property in Spain face a slightly different landscape. Brexit has introduced new legal requirements, tax implications, and residency considerations. However, buying a home in Spain as a British citizen is still very much achievable — it simply requires a better understanding of the rules. Here’s your comprehensive legal guide to navigating property purchases post-Brexit.

Understanding Residency and Visa Rules

One of the most significant impacts of Brexit for British buyers relates to time spent in Spain. Before Brexit, British citizens could come and go freely with the right to stay as long as they wished. Today, British citizens are considered “third-country nationals,” which means they can only stay in Spain for up to 90 days within any 180-day period without a visa.

If you plan to spend more than 90 days at a time in your Spanish home, you’ll need to apply for the appropriate visa. Popular options include the Non-Lucrative Visa — ideal for retirees or those with income from outside Spain — or the Golden Visa, which can be granted to non-EU nationals who make a significant investment (typically €500,000+) in Spanish property. Both allow you to stay for extended periods and offer routes to residency.

Buying Process and Legal Representation

Although British buyers face more administrative hurdles post-Brexit, the actual process of purchasing property in Spain remains unchanged. The key steps involve:

Securing a Número de Identificación de Extranjero (NIE): The NIE is a tax identification number that every foreign buyer must obtain. It can be applied for at a Spanish police station or at the Spanish consulate in the UK.
Opening a Spanish Bank Account: A local account is usually required for paying fees, taxes, and utility bills.
Signing a Reservation Contract and Paying a Deposit: Typically 3,000–6,000 euros to take the property off the market.
Drafting the Private Purchase Contract (Contrato Privado de Compraventa): This will set out the terms of the sale, the completion date, and other critical clauses.
Executing the Public Deed (Escritura Pública): This is signed before a Spanish notary and is the formal transfer of ownership.

Hiring a reputable Spanish lawyer (abogado) to handle due diligence is highly recommended — especially post-Brexit, as tax implications and visa requirements have changed.

Taxes and Fiscal Considerations

Post-Brexit, British buyers face different tax treatment. Crucially:

Income tax on rental income: EU citizens pay a flat tax rate of 19% on Spanish rental income, with deductions allowed for expenses. Non-EU citizens, including British buyers post-Brexit, pay a 24% rate on gross income with no deductions. This is an important factor if you plan to let your property when not using it.
Capital gains tax (CGT): UK nationals must pay CGT on the profit when they sell a property. The rate for non-EU owners is also higher — 24% instead of 19%.
Inheritance and gift tax: Spain’s inheritance tax rules apply regardless of your nationality. However, rates and allowances can vary regionally. British owners can benefit from some regional tax breaks, especially if they register as tax residents.

Additionally, purchasing a property in Spain entails around 10–14% in closing costs, including transfer tax (ITP) for resale properties or VAT (IVA) and stamp duty (AJD) for new builds. These rates remain the same post-Brexit.

Golden Visa and Investment Options

A key incentive for non-EU buyers is Spain’s Golden Visa programme. It grants the right to live and work in Spain to those investing at least €500,000 in real estate. It also allows you to move freely in the Schengen Area — perfect for British citizens who want to visit other European countries without the usual 90/180-day restrictions.

Applicants can also include their spouse and dependent children. After five years of maintaining the investment, you may qualify for long-term residency. After ten years, you could also pursue Spanish citizenship — although this usually requires renouncing UK citizenship.

Mortgages and Financing

Post-Brexit, Spanish banks continue to lend to British buyers. Typically, banks offer up to 70% Loan-to-Value (LTV) for non-residents at competitive rates. Be prepared to show proof of income and savings. It’s also a good idea to compare banks and consult a specialist mortgage broker who understands both the UK and Spanish property markets.

Future Outlook and Practical Advice

Despite Brexit, British interest in Spanish property remains strong — especially along the Costa del Sol and in the Balearic Islands. Many British buyers recognize that owning a property in Spain is a lifestyle investment as much as a financial one.

If you plan to buy post-Brexit, keep these practical points in mind:

Start early: Applying for an NIE and mortgage pre-approval can take several weeks.
Work with professionals: A Spanish abogado, notary, and tax adviser familiar with post-Brexit requirements can help you avoid pitfalls.
Factor in tax changes: Consider future tax implications — especially if you plan to rent.
Think long-term: Post-Brexit legalities encourage long-term commitment through visas or Golden Visa schemes, so have a clear plan for your future in Spain.

Buying property in Spain as a British citizen is still very much possible post-Brexit. By understanding the legal landscape — from visas and tax considerations to the conveyancing process — you can make an informed decision and fully enjoy your Spanish property. With careful preparation and the right advice, Brexit is no barrier to making your dream of owning a home in Spain a reality.

Steep Rental Price Increase Seen in May

admin | 18th June 2025 | Andalucía, Costa del Sol, Málaga, Marbella, News, Prices, Rental Property, Renting, Spain

Rental prices rose 14.9% Year-on-Year

The Spanish rental market is showing no signs of slowing down. According to the latest data, rental prices across Spain increased by 14.9% year-on-year in May 2025, representing the second-highest annual rise in the past five years.

The average rental price now stands at €14.33 per square metre, meaning that an 80 m² apartment typically costs around €1,146 per month. This marks an increase of approximately €148 per month compared to May 2024.

Rental Pressure Mounts for Tenants

This steep price rise is putting increasing pressure on tenants, especially younger renters and those relocating to high-demand areas such as Marbella and the Costa del Sol. Limited rental supply and strong demand continue to drive prices up.

According to María Matos, Director of Research at Fotocasa, “We are witnessing a significant and ongoing imbalance between supply and demand. Many landlords are shifting their properties to the sales market or to other rental models, reducing the availability of long-term rentals. Without public policies to support rental supply, this situation risks becoming permanent.”

How Andalusia and the Costa del Sol Are Affected

Andalusia experienced a 10.3% increase in rental property prices over the past year, placing it among the top regions in terms of growth. Within Andalusia, Málaga province remains one of the most expensive rental markets in Spain, with average prices reaching €15.87/m² per month. For context, this places Málaga above other popular coastal areas such as Valencia and the Canary Islands.

This means that for an average 80 m² apartment in Málaga city or its sought-after coastal areas like Marbella, tenants can expect to pay over €1,270 per month. In luxury and beachfront locations, prices can be significantly higher.

Spain’s Most Expensive Rental Markets

As of May 2025, the top five regions with the highest average rental prices per square metre are:

Madrid: €21.17/m²
Catalonia: €20.04/m²
Balearic Islands: €18.24/m²
Basque Country: €16.78/m²
Canary Islands: €15.07/m²

Málaga, ranked closely behind, continues to be a prime location for investors seeking strong rental yields, thanks to its popularity with international tenants, digital nomads, and second-home seekers.

Outlook for Property Owners and Investors

For property owners on the Costa del Sol, this trend presents an opportunity. Demand for rental properties remains high, and the region continues to attract both long-term tenants and seasonal visitors. Investors looking for attractive yields will find that well-located apartments and villas in Marbella, Estepona, or Mijas are increasingly competitive assets in the rental market.

However, it’s important to balance yield expectations with the reality of evolving regulations, tenant protections, and the potential need for long-term rental licenses, especially in tourist-heavy areas.

The sharp rise in rental prices across Spain—and in Málaga in particular—highlights both the challenges for tenants and the opportunities for landlords and investors. On the Costa del Sol, the demand for quality rental properties is unlikely to subside anytime soon, making it essential for all market participants to stay informed and act strategically.

If you’re considering investing in a rental property or looking for the right opportunity in Marbella or the surrounding areas, now is the time to review the market closely. At Marbella For Sale, our experienced team is here to guide you with up-to-date market insights and tailored advice.

Spanish Property Prices Surge in May

admin | 9th June 2025 | Andalucía, Balearic Islands, Costa del Sol, Málaga, News, Prices, Property For Sale, Property Market, Spain

The Balearic Islands have surpassed €5,000/m²

The price of resale homes in Spain has seen a remarkable increase of 4% month-on-month and a staggering 14.8% year-on-year, reaching an average asking price of €2,635 per square metre this May, according to the latest Fotocasa Real Estate Index.

In the 20 years of analysis, May 2025 marks the first time that both monthly (4%) and annual (14.8%) price increases have reached such high levels simultaneously.

To put this into perspective: the 14.8% year-on-year rise equates to an increase of €341 per square metre. For a typical 80 m² apartment, this means buyers are now paying approximately €27,246 more than they would have one year ago.

“We are witnessing a historic moment in the Spanish property market. This is the sharpest increase we’ve recorded since the data series began, driven by unprecedented demand, more favourable mortgage conditions, and a significant rise in migration. At the same time, a structural lack of supply — hampered by challenges in the construction sector — is pushing prices higher. Over the past year, the average price per square metre has increased by €341, meaning that a standard 80 m² property now costs over €27,000 more than it did in 2024. This is an extraordinary jump in a very short period of time. Importantly, this is neither a temporary nor a localised trend — it is affecting 94% of provinces and 86% of municipalities, with eight regions recording double-digit growth,” said María Matos, Director of Research and Spokesperson at Fotocasa.

Year-on-Year Growth Doubles in 12 Months

Spain’s annual property price growth has nearly doubled, rising from 7.7% in May 2024 to 14.8% in May 2025. Over the past year, the average price per square metre has risen by €341 — from €2,294/m² in May 2024 to €2,635/m² today.

Regional Trends: Significant Growth Across Most of Spain

Looking at year-on-year changes by region, 16 out of 17 Spanish regions saw property prices increase in May 2025. Notably, eight regions recorded double-digit growth:

Valencian Community: +28.3%
Region of Murcia: +24.1%
Balearic Islands: +20.9%
Andalusia: +18.5%
Madrid: +17.9%
Canary Islands: +17.9%
Asturias: +16.6%
Cantabria: +15.5%

Navarra was the only region to post a year-on-year decline (-1.4%).

Most Expensive Regions

The Balearic Islands now lead the ranking, surpassing the €5,000/m² threshold for the first time (€5,028/m²), followed by:

Madrid: €4,817/m²
Basque Country: €3,476/m²
Canary Islands: €3,108/m²
Catalonia: €3,035/m²
Andalusia: €2,509/m²
Valencian Community: €2,407/m²

At the other end of the scale, Extremadura (€1,258/m²) and Castilla-La Mancha (€1,228/m²) remain the most affordable regions.

Provinces: 94% See Year-on-Year Price Increases

In May, 47 of Spain’s 50 provinces (94%) experienced year-on-year price growth. 22 provinces saw double-digit increases, including:

Alicante: +27.1%
Murcia: +24.1%
Valencia: +21.2%
Balearic Islands: +20.9%
Castellón: +20.2%
Santa Cruz de Tenerife: +18.2%
Madrid: +17.9%
Asturias: +16.6%
Málaga: +15.2%
Cantabria: +15.5%

Navarra (-1.4%), Ávila (-0.9%), and Jaén (-0.8%) were the only provinces to register price declines.

Most Expensive Provinces

Several provinces have now surpassed the €4,000/m² mark. They include Balearic Islands (€5,028/m²), Madrid (€4,817/m²), Málaga (€4,149/m²), Gipuzkoa (€4,008/m²).

At the opposite end, Ciudad Real (€968/m²) and Jaén (€996/m²) remain the most affordable provinces.

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