Imofolio

Lucena · report

Empty homes in Lucena

11.4% of the 21,141 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
11.4%
Empty homes
2,406

Against the wider area

Share of homes standing empty in the 2021 census.

AreaEmpty
Lucena11.4%
Córdoba province12.8%
Andalucía13.7%
Spain14.4%

The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.

Other reports for Lucena

At the average appraised value, a 90 m² home costs €98,496. With 10% down and a 30-year mortgage, the payment is €376 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
14%
Payment, one income
29%

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.

Rent per month
€470
Owning per month
€349

Figures for Córdoba province: Lucena has no reliable figures of its own.

26.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
1,971

Figures for Córdoba province: Lucena has no reliable figures of its own.

Buyers living abroad bought 1.1% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
1.1%

Appraised values have fallen by 3% or more 2 times since 2005. The deepest began in Q3 2007.

Deepest fall
−55.4%
Recovery from the low
Not yet