House prices in Galicia

Figures for Spain: Galicia has no reliable figures of its own.

At the average appraised value, a 90 m² home costs €149,112. With 10% down and a 30-year mortgage, the payment is €569 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

62.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Buyers living abroad bought 1.7% of the homes sold here in the four quarters to Q2 2026.

Appraised values have fallen by 3% or more 2 times since 1995. The deepest began in Q1 2008.

In 2024 the population grew by 10,926 while 2,341 homes were finished: 4.7 new residents for every new home.

28.8% of the 1,757,739 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

In 2025, 22% of the homes authorised were in existing buildings: conversions, extensions and changes of use.

Public bodies signed €98.6M of housing works here in 2025, and €187.3M since 2017.