Spain: housing

How fast are house prices rising in Spain?

Spanish house prices were 12.2% higher in the second quarter of 2026 than a year earlier, according to INE's housing price index of 7 September 2026. New homes rose 7.4% and second-hand homes 12.9%. Prices rose 3.4% from the first quarter.

The annual rate was 0.7 points lower than in the first quarter. The index is based on notarised sale prices and adjusts for the type of home, so it tracks like-for-like price changes. It now uses 2025 as its base year.

Official sources: INE: housing price index, Q2 2026

How fast are rents rising in Spain?

Rents for housing in Spain were 2.5% higher in September 2026 than a year earlier, according to INE's CPI annex tables. The housing rental reference index used to update rental contracts rose 2.54% in the year to September, according to INE.

The CPI rent item measures rents paid by tenants on existing and new contracts, so it changes slowly.

Official sources: INE: CPI annex tables, September 2026 (XLSX)

How many mortgages are taken out in Spain?

43,372 home mortgages were registered in Spain in July 2026, 3.5% fewer than a year earlier, according to INE's mortgage statistics. The average mortgage was €180,785, up 10.9%, and the average interest rate on new home mortgages was 3.01%.

The figures count mortgages entered in the property registers, which reflects deeds signed in earlier months, so they lag the market.

Official sources: INE: mortgage statistics, July 2026

How many homes are sold in Spain?

Registered home sales in Spain fell 5.1% in July 2026 compared with July 2025, according to INE's property transfer statistics. In total, 205,870 properties were transferred, 1.8% fewer, of which 117,538 were sales.

The figures come from the property registers and reflect deeds signed earlier, so they lag actual transactions. Transfers also include inheritances, gifts and exchanges. Monthly figures are compared with the same month a year earlier because activity varies through the year.

Official sources: INE: property transfer statistics (ETDP), July 2026

Are Spanish households taking on more mortgage debt?

Spanish household debt was €729 billion in the second quarter of 2026, equal to 41.9% of GDP, the lowest ratio since 1999, according to the Bank of Spain's financial accounts note.

Most household debt is mortgage lending. The debt ratio has fallen because GDP has grown faster than lending, even as the amount owed rose slightly. Corporate debt also fell, to 61.9% of GDP, the lowest since 2001.

Official sources: Bank of Spain: financial accounts, Q2 2026

What is Spain's urbanisation rate?

In 2025, the share of people living in urban areas in Spain was 80.5%, according to the UN Population Division. That is the highest since at least 2005. It is 15th highest of 52 in Europe & Central Asia, where the median is 69.6%. Of 193 countries with 2025 data, 40th highest.

How many people in Spain live in slums?

UN-Habitat puts the share of city dwellers living in slums in Spain at 0.0% in 2022. In 2014 the figure was 0.1%. It is 29th highest of 43 in Europe & Central Asia, where the median is 0.3%. World rank, highest first: 149th of 170.

What share of people in Spain have electricity?

100.0%: that is the share of people with access to electricity in Spain for 2024, according to the World Bank. The figure has been the same every year since 2005. It is 1st highest of 52 in Europe & Central Asia, where the median is 100.0%. Worldwide: 1st of 193.

How many people in Spain have clean water?

According to WHO and UNICEF, the share of people using safely managed drinking water in Spain was 99.5% in 2024. That is the lowest since at least 2005. Europe & Central Asia median: 96.7%; Spain is 18th highest of 51. Of 134 countries with 2024 data, 23rd highest.

How many people in Spain have a safe toilet?

In 2024, the share of people using safely managed sanitation in Spain was 88.3%, according to WHO and UNICEF. That is the lowest since at least 2005. Across Europe & Central Asia the middle value was 90.2%, and Spain placed 27th highest of 45. Worldwide: 40th of 134.

How many people in Spain cook with wood or charcoal?

In 2024, the share of people using clean cooking fuels in Spain was 97.0%, according to the WHO. It is the top of the series, which starts in 2005. Across Europe & Central Asia the middle value was 99.0%, and Spain placed 35th highest of 51. Worldwide: 71st of 192.