MALLORCA’S Calvia has the highest average house prices of any municipality in Spain according to a study published on Wednesday by the National Institute of Statistics.
The area clocked up an average purchase price of €981,485 in 2025.
At the other end of the scale, Puertollano (Ciudad Real) recorded the lowest average purchase price with a mere €57,698.
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Following Calvia, the costliest municipalities in 2025 were Pozuelo de Alarcon(Madrid), with €907,270 euros, and Santa Eularia des Riu(Ibiza) on €888,800.
After Puertollano, there were bargains to be had in Mieres (Asturias), with €61,233 and Langreo (Asturias), on €62,838.
Compared to 2013, when house prices were at their lowest due to the real estate crisis, the real estate crisis, the biggest hike in the average purchase price was in Tías (Lanzarote) with an increase of 180.6%.
Just behind was Marratxí (Mallorca), with 179.6%, and Torremolinos (Malaga), on 176.5%.
The INE’s ‘Urban Indicators’ study also analysed property rental prices from two years ago.
Pozuelo de Alarcon featured again with an average monthly layout in 2024 of €1,499.
Boadilla del Monte – also in Madrid- was next with €1,478 euros, and Sant Just Desvern (Barcelona) on €1,276.
The cheapest municipality to rent was Lalin (Pontevedra) with an average expenditure of just €330.
It was followed by Priego de Cordoba (Cordoba) on €334 and Ecija (Sevilla) with €339.
The INE report showed Spain’s highest rents are very much concentrated in Madrid and Barcelona.
Between the two cities, they accounted for 94 of the 100 neighbourhoods with the highest average monthly expenditure for renting a primary residence in 2024.
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