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For non-resident property owners in Spain

Own property in Spain.
Know what it means.

62 practical guides on Spanish taxes, NIE applications, inheritance, tourist rentals, and daily life — in plain English.

62
guides
10
topics
2026
updated

Property market

Where prices are rising fastest.

The Balearic Islands has led European price growth for five consecutive years. Indicative data — sources: TINSA, Idealista, INE.

Buying guide
Balearic Islands+52%
5-year price growth (2019–2024)~€4,200/m²
Málaga & Costa del Sol+48%
5-year price growth (2019–2024)~€2,900/m²
Canary Islands+42%
5-year price growth (2019–2024)~€2,450/m²
Madrid+38%
5-year price growth (2019–2024)~€4,050/m²
Valencia Region+36%
5-year price growth (2019–2024)~€2,000/m²
Catalonia+22%
5-year price growth (2019–2024)~€3,150/m²

Mallorca at a glance

€4.800
Avg price per m²
Palma area (2024)
+52%
5-year price growth
Balearics 2019–2024
€7–12k
Premium areas
Andratx, Deià, Son Vida
4–6%
Gross rental yield
Tourist rental licence required

All figures are indicative. Property prices vary significantly by location, condition, and market timing. Always verify with local agents and solicitors before making purchase decisions.