Compare places
Choose up to three municipalities or districts to set their figures side by side.
The figures side by side
| Measure | Lugo |
|---|---|
| Price per m² | — |
| Change in a year | — |
| Change in five years | — |
| Affordability | |
| Payment, two incomes | 14% |
| Payment, one income | 28% |
| Buy or rent | |
| Rent per month | €504 |
| Owning per month | €447 |
| New homes | |
| Licensed, 12 months | 707 |
| Per 1,000 residents | 7.1 |
| Foreign buyers | |
| Bought by buyers abroad, 12 months | 1.1% |
| Past cycles | |
| Deepest fall | −44.5% |
| Recovery from the low | Not yet |
| Empty homes | |
| Empty, 2021 census | 17.1% |
| Empty homes | 10,732 |
Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.
Every report
Affordability
Lugo
At the average appraised value, a 90 m² home costs €126,405. With 10% down and a 30-year mortgage, the payment is €482 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
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Buy or rent
Lugo
Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.
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New homes
Lugo
73.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
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Foreign buyers
Lugo
Buyers living abroad bought 1.1% of the homes sold here in the four quarters to Q2 2026.
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Past cycles
Lugo
Appraised values have fallen by 3% or more 2 times since 2005. The deepest began in Q3 2008.
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Empty homes
Lugo
17.1% of the 62,648 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
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