Property prices on the Spanish coast

For the same town you will meet two different prices, and both will be real. The appraised value is what a bank uses to size a mortgage; the ministry publishes it. The asking price is what the advert says. The second is systematically above the first, because it is the seller's request rather than the outcome of a sale.

Mixing them in a comparison is not pedantry. A live example: Marbella at an asking €6,800 looks dearer than Barcelona at an appraised €4,675. On a single basis Marbella is €4,292 — cheaper than Barcelona. The same pair of towns swaps places depending on which source you pick.

That is why every price in our base carries its basis. Of 132 coastal places, 72 run on appraised value and 60 on asking price. Why not all on the appraisal: the ministry publishes it only from 25,000 residents upwards, and small towns are what people search for most.

The spread along the coast is wider than between many countries. The cheapest is Atlantic Galicia: Carballo €989, Narón €1,113, Ferrol €1,129. The dearest is the Basque Country and the islands: Zarautz €6,994, Ibiza €6,800, San Sebastián €5,107. A sevenfold difference — and the minimum wage is identical across the whole country.

The price per square metre is not the whole cost of buying. Transfer tax, the notary, the registry and the gestoríagestoríaThe office a gestor works from: paperwork, taxes and registrations, done for a fee.Why it matters. In Spain almost any dealing with the state is easier handed to a gestoría than done yourself. It costs €50–300 per procedure and saves weeks. go on top, and the tax rate depends on the region. We keep those figures separately, each with a link to the regional statute.