Spain’s housing market continues to experience significant pressure, as demand in several cities substantially exceeds the available supply. According to the latest Q3 2025 report by Idealista, Madrid remains the city with the largest gap between home-buying demand and supply, followed by Zaragoza and Santa Cruz de Tenerife.
Top 10 Cities with the Highest Home-Buying Demand
The ten Spanish cities attracting the greatest interest from prospective buyers are:
- Madrid
- Zaragoza
- Santa Cruz de Tenerife
- Valencia
- Las Palmas
- Barcelona
- Seville
- Santa Coloma de Gramenet
- A Coruña
- Gijón
This strong demand is reflected in average home prices, with Madrid and Barcelona leading at over €600,000 and €460,000 respectively.
Rising Demand in Suburban Areas
The broader "top 30" list highlights several cities beyond provincial capitals, underscoring robust demand in suburban regions. Notable examples include Santa Coloma de Gramenet, L’Hospitalet de Llobregat (ranked 11), Badalona (13), and Terrassa (25) near Barcelona; Gandia (19) in Valencia; Dos Hermanas (24) near Seville; Puerto de Santa María (22) in Cádiz; and Reus (23) in Tarragona.
Idealista’s ranking covers 36 provincial capitals, each with over 1,000 listings during the quarter analyzed and average prices exceeding €1,000 per square meter.
Most Expensive Locations Among High-Demand Areas
Among the sought-after locations, several Mediterranean coastal towns and Balearic Islands destinations stand out as some of the most expensive in Spain. In nine of these towns, average property prices surpass one million euros:
- Benahavís (Málaga) – €2,458,274
- Santa Eulalia del Río (Balearic Islands) – €2,142,512
- Calvià (Balearic Islands) – €1,761,701
- Marbella (Málaga) – €1,734,306
- Sotogrande (Cádiz) – €1,650,253
- Benissa (Alicante) – €1,382,198
- Moraira (Alicante) – €1,331,779
- Altea (Alicante) – €1,203,755
- Benitachell (Alicante) – €1,149,258
- Casares (Málaga) – €971,901
For those interested in exploring property options, curated selections are available featuring listings in popular destinations such as Madrid, Valencia, Costa del Sol, and luxury real estate markets.