Murcia Leads Spain's Real Estate Market Growth in Q1 2025
In early 2025, Murcia became Spain's most dynamically growing real estate market, fueled by a significant increase in sales and increasingly strong interest from foreign buyers.
Record-Breaking Sales Growth
According to recent data from the College of Spanish Property Registrars, the region achieved a 20.6% quarterly expansion in real estate sales, marking the country's highest growth rate.
Out of a total of 7,312 transactions, 5,587 were existing homes, representing a 12.8% increase. The market for new-build properties strengthened even more significantly: 1,725 sales were registered, marking a 55.5% increase.
Role of Foreign Buyers
Murcia ranks fourth in Spain in terms of the proportion of foreign buyers, who accounted for 20.4% of all transactions. Only the Balearic Islands (30.0%), the Valencian Community (28.3%), and the Canary Islands (24.6%) surpassed it. 9.5% of foreign buyers in Murcia originated from the European Union.
Prices Rising, But Still Favorable
In Murcia, the average price per square meter increased by 7.5% year-on-year, reaching 1,213 euros. This figure remains significantly below the national average and is the fourth lowest among Spanish regions, offering an attractive opportunity for both investors and buyers.
National Trends
In Spain, 181,625 homes found new owners in the first quarter, representing a 5.3% quarterly increase and the highest volume since the third quarter of 2007. Year-on-year, sales expanded by 19.9%.
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New-build homes: 41,956 sales (+34.4% year-on-year)
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Existing homes: 139,669 sales (+16.2% year-on-year)
A total of 667,058 transactions occurred in the past year, representing a 16.3% increase compared to the previous year.
Comparison of Murcia and Valencia in Q1 2025
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Sales growth: Murcia leads with 20.6%, while Valencia achieved a 15% expansion.
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Proportion of foreign buyers: In Valencia 28.3%, in Murcia 20.4%.
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Average price per square meter: Valencia is more expensive (1,800 €/m²), Murcia offers a more favorable price (1,213 €/m²).
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New-build home sales: Valencia with 2,100, Murcia with 1,725 transactions.
Overall, Murcia is developing significantly, while Valencia remains a prime destination for foreign investors, with higher prices and a greater number of transactions.
What to Consider Before Buying?
For those who prioritize long-term investment and favorable prices, Murcia can be an ideal choice, especially for those seeking a more tranquil living environment.
Those who prefer a bustling coastal city lifestyle and are not deterred by higher prices may find what they are looking for in Valencia.
