What is the average price per square metre of housing in Spain?
Guess before you scroll — the answer is below
The answer
$2,100
Roughly $2.1K.
Housing in Spain averages around €2,100 per square metre, but the spread is enormous: central Madrid and Barcelona exceed €5,000 while parts of the interior sit under €800. Prices have recovered past their 2008 bubble peak in the big cities only.
How to get close to this number
Work back from a flat. A typical apartment is somewhere around ninety square metres and sells for a couple of hundred thousand euros nationally, which gives a price per square metre in the low thousands. Total price divided by area is how the metric is built, so reversing it is the natural estimate.
The spread in the explanation is the part the average hides: over five thousand euros per square metre in central Madrid and Barcelona against under eight hundred in parts of the interior. A national average across a factor-of-six range describes no actual market, and housing is the clearest case of a statistic that means nothing without a location attached.
The recovery detail is the structurally important one: prices have passed their 2008 bubble peak only in the big cities. The same country contains markets that have fully recovered and markets that have not, more than fifteen years later — which is a depopulation story as much as a housing one.
Where this number comes from
| Source | Ministerio de Transportes y Movilidad Sostenible |
|---|---|
| Figure refers to | 2024 |
| Last checked | |
| Unit | euros |
Numbers move. If this one has drifted from its source, let us know.
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