Thinking of buying a home on the Spanish coast but don’t fancy paying Balearic or Barcelona prices? A new study shows where buyers are finding better value for money this year.
Coastal demand surges despite rising prices
The latest figures from mortgage comparison website iAhorro reveal that purchases in Spain’s coastal provinces jumped by 21.4% in the first half of 2025 compared to the same period last year. This happened despite a 3.4% rise in average prices, suggesting that lower mortgage rates and a pre-summer buying rush have kept demand buoyant.
According to iAhorro, many buyers moved quickly in spring to complete purchases ahead of the summer season, while others were driven by a fear of missing out in a market where supply is limited and prices look set to keep climbing.
Baleares, Barcelona and Guipúzcoa top the price charts
Average coastal property prices for iAhorro’s users came in at €229,165 between January and June, but the spread between provinces is wide. Baleares (€357,286), Guipúzcoa (€309,972) and Barcelona (€304,556) are the most expensive, followed by Vizcaya (€295,535) and Málaga (€276,120).
In these high-demand areas, both domestic and foreign interest remains intense, and limited supply is keeping prices stubbornly high—often well above the national coastal average.
Castellón, Almería and Murcia offer the lowest prices
At the other end of the scale, Castellón (€169,317), Almería (€181,648) and Murcia (€187,799) are the cheapest coastal provinces for buyers in 2025. Other provinces with average prices under €200,000 include Tarragona, Cádiz, Granada and Asturias.
These markets are attracting more buyers—particularly those priced out of hotspots like Alicante or Málaga—leading to noticeable price increases even in traditionally affordable areas.
Emerging hotspots show sharpest gains
Some of the biggest year-on-year price jumps are happening in lesser-known markets. Lugo leads with a 28.2% rise, followed by Huelva (+17.2%) and Málaga (+16.2%). In Lugo and Huelva, the surge reflects demand shifting towards emerging areas where buyers can still find relative value and potentially higher yields.
Whether you’re chasing sunshine, a slower pace of life, or a rental return, the message is clear: Spain’s coastal property market is running hot in 2025, and the cheapest provinces are getting busier. If you’ve got your eye on a bargain by the beach, waiting might not be the best strategy.
