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País Vasco · report

Empty homes in País Vasco

6.5% of the 1,075,076 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
6.5%
Empty homes
69,692

Against the wider area

Share of homes standing empty in the 2021 census.

AreaEmpty
País Vasco6.5%
Spain14.4%

Where homes stand empty in País Vasco

Share of homes standing empty at the 2021 census, emptiest first.

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 País Vasco

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

At the average appraised value, a 90 m² home costs €279,207. With 10% down and a 30-year mortgage, the payment is €1,065 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
32%
Payment, one income
64%

29.1% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
3,963
Per 1,000 residents
1.8

Buyers living abroad bought 0.7% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
0.7%

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

Deepest fall
−22.9%
Recovery from the low
90 months

In 2024 the population grew by 14,743 while 4,293 homes were finished: 3.4 new residents for every new home.

New residents per new home, 2024
3.4
Population change, 2024
+14,743

In 2025, 15% of the homes authorised were in existing buildings: conversions, extensions and changes of use.

Homes in existing buildings, 2025
15%

Public bodies signed €148.6M of housing works here in 2025, and €259.5M since 2017.

Signed in 2025
€148.6M
Per resident, 2025
€66