House prices across Europe are continuing to rise, but Spain is standing out as one of the strongest-performing property markets.

According to the latest Eurostat figures, house prices across the European Union increased by 4.7% in the second quarter of 2026 compared with the same period in 2025. In Spain, the increase was significantly higher at 12.1%.

So what does this mean for people looking to buy or sell property in Spain, particularly on the Costa Blanca, Costa Cálida and Costa del Sol?

Spain Property Prices Continue to Rise

Spain remains one of Europe's strongest housing markets.

In Q2 2026, house prices in Spain increased by 12.1% year-on-year. This compares with 4.7% across the EU. Portugal recorded the strongest increase at 16.5%, followed by Bulgaria at 15.5% and Lithuania at 14.3%.

The figures highlight the continued strength of the Spanish property market, particularly in areas where demand remains high and the supply of good-quality homes is limited.

For international buyers, Spain continues to offer an attractive combination of lifestyle, climate, infrastructure and relatively strong property market performance.

Costa Blanca Property Prices Continue to Grow

The Costa Blanca remains one of Spain's most popular destinations for international property buyers.

Alicante province recorded an annual increase of 7.8% in asking prices in September 2026, according to Idealista. The average asking price reached €2,767 per square metre.

Of course, the Costa Blanca property market is not one single market. Prices and demand can vary considerably between locations.

Areas such as Altea, Albir, Calpe, Benissa, Moraira and Jávea each have their own property markets, with factors such as location, sea views, property condition, outdoor space and proximity to amenities influencing prices.

For buyers, this makes local knowledge particularly important. For sellers, it makes an accurate property valuation essential.

Costa Cálida Property Market Shows Strong Growth

The Costa Cálida and the wider Region of Murcia have also experienced significant growth.

According to Idealista, asking prices in the Region of Murcia increased by 13.9% between September 2025 and September 2026, reaching an average of €1,689 per square metre.

This strong growth makes the Costa Cálida an interesting region for buyers looking for property in Spain.

Compared with some of Spain's more expensive coastal markets, the region can still offer attractive price points, while locations close to the Mar Menor, golf resorts and the Mediterranean continue to attract both Spanish and international buyers.

Costa del Sol Property Prices Remain Strong

The Costa del Sol continues to be one of Spain's best-known international property markets.

In Málaga province, asking prices increased by 6.6% year-on-year in September 2026, reaching an average of €4,317 per square metre.

Málaga and the surrounding coastal areas continue to benefit from strong international demand, limited supply in many desirable locations and the area's established reputation as a destination for both permanent living and second homes.

The Costa del Sol therefore remains an important part of the Spanish property market, particularly for international buyers looking for established coastal locations.

Why Are Property Prices Rising in Spain?

There are several factors supporting the Spanish housing market.

Demand remains strong, while the supply of properties in many popular areas is limited. This is particularly noticeable in desirable coastal locations.

Spain also continues to attract international buyers looking for a permanent home, second home or investment property.

At the same time, construction costs and limited availability of land can make it difficult for new housing supply to keep pace with demand.

This combination is helping to support property prices across many parts of Spain.

What Does This Mean for Property Buyers?

For buyers, rising property prices mean that finding the right property at the right price is increasingly important.

Rather than looking only at national statistics, buyers should consider the specific location and type of property they are interested in.

A property in Altea, for example, can have a very different market position from a property elsewhere in Alicante province. The same applies to properties on the Costa Cálida and Costa del Sol.

Local market knowledge can therefore help buyers understand whether an asking price represents good value.

What Does This Mean for Property Sellers?

The current market can also provide a positive opportunity for homeowners considering selling.

However, a strong market does not mean that every property can be sold at any price.

A realistic valuation remains important. Sellers should look at comparable properties, current demand and the specific characteristics of their home before deciding on an asking price.

At Select Estates Spain, we prepare a valuation report to help sellers understand the current market position of their property.

The market response can then be monitored after the property is listed. Enquiries, viewings and feedback from potential buyers can provide useful information and, if necessary, help determine whether the asking price should be reviewed after a period of time.

The Outlook for the Spanish Property Market

The latest figures show that Spain remains one of Europe's strongest property markets.

While growth may become more moderate over time, demand for well-located properties remains strong across many parts of the country.

For the Costa Blanca, Costa Cálida and Costa del Sol, continued international interest and limited supply in popular locations are likely to remain important factors.

For buyers, this means there are still opportunities to be found by working with local property professionals who understand the market.

For sellers, it means that accurate pricing, good preparation and effective marketing remain essential.

The Spanish property market is moving forward, and the outlook for many of Spain's coastal regions remains positive.

Thinking of Buying or Selling Property in Spain?

Whether you are interested in the Costa Blanca, Costa Cálida or Costa del Sol, understanding the local property market is an important part of making the right decision.

At Select Estates Spain, we help international buyers and sellers navigate the Spanish property market and can provide guidance on property valuations, current market conditions and the buying and selling process.

Contact Select Estates Spain to discuss your property requirements with our team.