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Spain urban land prices rise 15.3% in second quarter of 2026
Urban land prices in Spain rose by 15.3% in the second quarter of 2026, reaching an average of 207.8 euros per square meter. This represents a 10.6% increase compared to the previous quarter, according to data from the Ministry of Housing and Urban Agenda.
Regional variations were significant. Navarra recorded the highest growth, with prices more than doubling to 233.6 euros per square meter, a 133.5% increase. Other notable rises occurred in the Basque Country (+59.7%), Galicia (+51.9%), and the Valencian Community (+30.7%). Conversely, Castilla y León was the only region to see a decline, with prices dropping 2.9% to 78.3 euros per square meter.
In terms of absolute costs, the highest prices were found in the Balearic Islands (567.6 euros/m²), Madrid (420.6 euros/m²), and the Basque Country (397.3 euros/m²). Total transactions for the quarter reached 7,879, a 5.9% decrease compared to the same period in 2025.
Entities
Baleares · Basque Country · Ministry of Housing and Urban Agenda · Navarra · Spain
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Navarra saw the highest price increase at 133.5%, reaching 233.6 euros per square meter. diariofinanciero.com · www.deia.eus · theobjective.com
- [● 2 SOURCES] A total of 7,879 transactions were completed in the second quarter of 2026. diariofinanciero.com · theobjective.com
- [● 3 SOURCES] Baleares recorded the highest absolute price at 567.6 euros per square meter. diariofinanciero.com · www.deia.eus · theobjective.com
- [● 3 SOURCES] The average price of urban land in Spain reached 207.8 euros per square meter in the second quarter of 2026. diariofinanciero.com · www.deia.eus · theobjective.com
- [● 3 SOURCES] Urban land prices increased by 15.3% compared to the same period in the previous year. diariofinanciero.com · www.deia.eus · theobjective.com
- [○ 1 SOURCE] The current average price is approaching levels seen during the 2007 real estate bubble. www.deia.eus
- [● 3 SOURCES] Castilla y León was the only region where urban land prices decreased, falling 2.9%. diariofinanciero.com · www.deia.eus · theobjective.com
- [● 3 SOURCES] The Basque Country experienced a 59.7% increase in urban land prices. diariofinanciero.com · www.deia.eus · theobjective.com