Prices of apartments in Spain. How much does an apartment cost and how much does a luxury villa cost?

The prices of apartments in Spain depend on various factors, such as location, standard and geopolitical situation. If you are wondering how much you will pay for an apartment or a luxury villa on the Iberian Peninsula, read this guide.

The Spanish property market offers a wide range of apartments and luxury villas in and around the most popular tourist resorts. Apartments and houses on the Costa Blanca and Costa del Sol are particularly popular, as these regions attract millions of tourists and foreign investors every year. What are the prices of apartments in Spain? 2025 is a good time to buy a property.

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11.04.2025

As with purchasing, the rental prices of apartments in Spain depend on various factors, such as:
 

• location (not only the specific city, but also the neighbourhood),
   
• size of the apartment,
   
• standard,
   
• length of rental,
   
• current demand on the housing market.
   

When you look at the range of services offered by property rental websites, you will notice that the prices are quite high. You have to pay 3,000 euros for a 3-room flat in Marbella, and around 980 euros per month for a small, low-standard studio in Alicante.

If you are looking for a long-term investment that will regularly generate profit and at the same time serve as a home for you and your family, buying a property is a much better option, especially in a tourist region. You can read about how to buy a flat in Spain in a separate article.

The prices of flats in Spain – like those in Poland – are influenced by factors such as location, standard of finish, size and possible amenities.

The prices of properties in Spain depend largely on the location. In the case of large cities and popular tourist locations, they can be higher than in rural areas, for example. In addition, the location within the town or city itself also affects the purchase price. You will pay more for properties in the centre or close to monuments and attractions.

Prices for properties by the sea in Spain are also higher. This is not only due to the attractive location and view, but alsothe high investment potential and limited supply, especially in the first line to the sea.

Other aspects related to the location can also influence the price:
 

• green surroundings and mountains,
• distance from other cities,
• nearby golf course,
• transport infrastructure.

As you can imagine, the prices of apartments to renovate are lower than those of ready-to-move-in properties. Although the initial purchase cost is lower, keep in mind that it involves investing money in the renovation of the property. Depending on the scope of the work, the rate can be as high as over 500 euros per m².

The standard of the furnishings takes into account the use of technology such as air conditioning or smart home systems that allow you to control devices remotely. The high standard category also includes high-quality materials and furnishings, solid doors and windows, and additional amenities.

The size of the apartment or villa has a significant impact on the property price. The purchase cost increases along with the size. The layout of the rooms, e.g. master bedroom with en-suite bathroom or walk-in wardrobe, is also an important factor.

When it comes to the prices of apartments in Spain, the amenities offered by developers have an impact on the higher purchase cost. These include a swimming pool, jacuzzi, gym, private solarium, reading room, golf course and even a social club. The same applies to the fenced and secured housing estate, as well as parking spaces, a garage and storage units.

A balcony and terrace are also considered a convenience, or a garden instead of them in the case of apartments located on the ground floor.

The prices of apartments in Spain range from 199,000 to as much as 5,000,000 euros. For 210,000 euros, you can buy a apartment with wonderful common areas in Torrevieja  - with 1, 2 or 3 bedrooms. A fully furnished property will cost you around 249,000 euros, especially if you want to be close to a golf course. This is exactly what the apartment in Algorfa offers, located in a complex designed especially for couples and families.

If you are looking for a new property in Alicante, Spain, you can buy a two-bedroom apartment for €221,500. For a new flat with luxurious communal areas in Estepona, you will pay 301,000 euros, for an apartment close to the sea in the centre of Dénia – 320,320 euros, and for a penthouse with a jacuzzi in Mijas – 645,000 euros.

Prices for apartments by the sea in Spain in 2025 start at just €263,000. That is the price for a stylish apartment in Manilva, just 300 metres from the sandy beach on the border between the Costa del Sol and Costa de la Luz. For 328,000 euros, you can buy an exclusive property in Casares Costa in the province of Malaga.

Other offers that might interest you include:
 

• a Elegant apartment in La Mata for €550,000,
• a modern apartment in Calpe for €485,000,
• a luxury apartment in Benidorm for €673,000,
• a premium penthouse in Altos de los Montero in Marbella for €990,000.

If you are looking for a villa in Spain on the Costa del Sol or Costa Blanca, the lowest price for a luxury home on the primary market is €1,110,000. This property has a panoramic view of the sea and mountains in Javea. The new owner will have 200 m² of living space, 4 bedrooms and 5 bathrooms at their disposal.

A luxury villa with a sea view in Moraira offers more space for €1,750,000. The 544 m² building has 4 bedrooms and 5 bathrooms as well as a sun terrace and is equipped with security doors, among other features. In Calpe, you can buy a Mediterranean residence with a sea view for 1,925,000 euros. That is the price for a 292 m² property with 4 bathrooms and bedrooms.

Prices for luxury villas can even exceed 5,000,000 euros. That is the purchase price for spectacular houses in Benahavis, Marbella or Benitachell.

Buying a property is much more profitable than renting, especially in such a stable market and attractive locations on the Iberian Peninsula. If you want to know the prices of apartments in Spain, check out the Elite World Estates offer. You will find luxury flats and houses in the best areas of the Costa del Sol and Costa Blanca.

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Let us narrow down the search among the properties available through us, by contacting us and finding the best options for you. 
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Please enter your contact details below and we will contact you as soon as possible.

Let us narrow down the search among the properties available through us, by contacting us and finding the best options for you. We are here to help you! Please enter your contact details below and we will contact you as soon as possible.

Let us narrow down the search among the properties available through us, by contacting us and finding the best options for you. We are here to help you!
Please enter your contact details below and we will contact you as soon as possible.