What is happening to Spanish property prices?

Below is an extract from a report from Kyero’s Q2 Spanish property price report. We advertise on Kyero and receive regular interesting facts from them but this data showing that prices have risen overall is of no surprise to us because properties are selling extremely well on the Costas currently.

What’s the shape of the market in Q2?

When we looked at the house price report for Q1 of this year we saw a relatively mixed picture with a median asking price of c. €249k, down on the 2019 close-out of €270k. Jump forward a quarter and new data from Kyero shows a Q2 median asking price of €278,850, suggesting the value of Spanish property has risen back to 2019 levels. Compare that to the median average of €269k this time last year and we can see that asking prices are in fact up year on year too.