Islands - Property price index

Keeping it simple … your choices

PROPERTY PRICE INDEX IN EUROS

ISLAND NAME   AVERAGE PRICE   1 BEDROOM   2 BEDROOM   3 BEDROOM   4 BEDROOM  
BALEARIC ISLANDS 394,749 136,240 210,685 329,365 569,506
Cabrera 190,000 120,125 144,095 195,150 235,000
Dragoners uninhabited - - - -
Formentera 210,000 295,400 353,075 415,008 452,110
Ibiza 785,653 178,325 332,253 589,367 1,410,204
Majorca 340,125 135,572 209,045 290,362 505,209
Minorca 317,632 116,764 156,854 276,255 408,359
CANARY ISLANDS 210,000 95,115 179,154 294,115 502,095
Alegranza uninhabited - - - -
Fuerteventura 138,654 67,245 124,526 179,438 279,563
Graciosa 110,000 115,000 119,045 182,009 272,000
Gran Canaria 167,048 95,325 137,654 138,654 138,654
Lanzarote 112,548 97,624 158,795 249,845 319,369
Lobos 95,000 69,025 110,025 139,015 145,010
Montana Clara uninhabited - - - -
Roque del Este uninhabited - - - -
Roque del Oeste uninhabited - - - -
La Gomera 135,000/b> 75,050 145,000 189,050 265,101
El Hierro 195,000 129,252 186,035 375,100 495,110
La Palma 235,000 185,115 255,900 320,245 465,235
Tenerife 149,475 96,745 128,269 182,145 281,485

  • In the province of Las Palmas
  • In the province of Santa Cruz de Tenerife

Designed to be advisory

Property price index Spain

As is the case within other countries, the property market in Spain fluctuates periodically in line with the ups and downs of internal and external global factors.

Presented here are average property prices as a general guideline to assist in establishing possibilities available in that moment.

It is reasonable to expect prices to rise fractionally towards and throughout the summer and fall very slightly in the winter period. This can in some cases be due to the volume of visitors visiting Spain, demand it appears will dictate.

Bargains are to be had and by using the information provided, you may get a feel for just how much can be achievable

when asking for a price reduction which could possibly be acceptable to the property seller.

It follows that larger properties such as villas with 5 or more bedrooms, located in much sought after areas, will carry a substantially higher asking price but everything is possible and to try for a price reduction is still valid.

To further assist in establishing the price of property in an area of your choice, simply locate one of our experienced Estate Agents by entering your area choice within the search field on the Home page. This will take you to the map whereby agents in that area can be located and through their local knowledge they will be in a better position to advise.

Enjoy your property search.

Property price index by area

in addition refresh your memory on locations throughout Spain