Portugalete · report
Past price cycles in Portugalete
Appraised values have fallen by 3% or more 6 times since 2016. The deepest began in Q1 2018.
- Deepest fall
- −8.6%
- Recovery from the low
- 27 months
Prices in Portugalete and in Spain, indexed
Appraised values, both set to 100 in Q4 2016.
- Portugalete
- Spain
- 100 = Q4 2016
Show the numbers
| Period | Portugalete | Spain |
|---|---|---|
| Q2 2026 | 144.0 | 155.8 |
| Q1 2026 | 139.8 | 153.2 |
| Q4 2025 | 132.0 | 147.5 |
| Q3 2025 | 132.0 | 142.4 |
| Q2 2025 | 127.7 | 138.5 |
| Q1 2025 | 121.9 | 134.5 |
| Q4 2024 | 119.5 | 130.4 |
| Q3 2024 | 111.8 | 127.1 |
| Q2 2024 | 119.9 | 125.4 |
| Q1 2024 | 112.9 | 123.4 |
| Q4 2023 | 110.5 | 121.8 |
| Q3 2023 | 113.7 | 119.9 |
| Q2 2023 | 119.8 | 118.6 |
| Q1 2023 | 113.6 | 118.3 |
| Q4 2022 | 117.3 | 115.7 |
| Q3 2022 | 107.8 | 115.1 |
| Q2 2022 | 116.2 | 115.1 |
| Q1 2022 | 114.1 | 114.7 |
| Q4 2021 | 108.0 | 112.0 |
| Q3 2021 | 114.0 | 109.9 |
| Q2 2021 | 109.4 | 109.1 |
| Q1 2021 | 106.9 | 107.5 |
| Q4 2020 | 108.9 | 107.3 |
| Q3 2020 | 101.6 | 107.1 |
| Q2 2020 | 105.1 | 106.5 |
| Q1 2020 | 103.0 | 108.5 |
| Q4 2019 | 100.9 | 109.3 |
| Q3 2019 | 103.7 | 108.4 |
| Q2 2019 | 103.1 | 108.3 |
| Q1 2019 | 99.7 | 108.2 |
| Q4 2018 | 99.3 | 107.1 |
| Q3 2018 | 98.8 | 105.1 |
| Q2 2018 | 102.3 | 105.0 |
| Q1 2018 | 108.0 | 103.6 |
| Q4 2017 | 105.3 | 103.1 |
| Q3 2017 | 101.4 | 101.9 |
| Q2 2017 | 100.4 | 101.2 |
| Q1 2017 | 100.4 | 100.9 |
| Q4 2016 | 100.0 | 100.0 |
Every fall of 3% or more
From the peak to the lowest month after it, and how long prices took to get back.
| Peak | Low | Fall | Months falling | Months to recover |
|---|---|---|---|---|
| Q1 2018 | Q3 2018 | −8.6% | 6 | 27 |
| Q3 2021 | Q4 2021 | −5.2% | 3 | 3 |
| Q2 2022 | Q3 2022 | −7.2% | 3 | 3 |
| Q4 2022 | Q1 2023 | −3.1% | 3 | 3 |
| Q2 2023 | Q4 2023 | −7.8% | 6 | 6 |
| Q2 2024 | Q3 2024 | −6.7% | 3 | 6 |
Spain against the EU since 2015
Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.
- Spain
- EU
- 2015 = 100
Show the numbers
| Period | Spain | EU |
|---|---|---|
| Q2 2026 | 200.6 | 168.6 |
| Q1 2026 | 194.1 | 166.5 |
| Q4 2025 | 187.5 | 164.6 |
| Q3 2025 | 184.1 | 163.5 |
| Q2 2025 | 178.9 | 161.0 |
| Q1 2025 | 172.0 | 158.5 |
| Q4 2024 | 166.1 | 156.2 |
| Q3 2024 | 163.1 | 155.1 |
| Q2 2024 | 158.6 | 152.7 |
| Q1 2024 | 153.2 | 149.8 |
| Q4 2023 | 149.1 | 148.9 |
| Q3 2023 | 150.7 | 149.1 |
| Q2 2023 | 147.0 | 148.2 |
| Q1 2023 | 144.0 | 147.6 |
| Q4 2022 | 143.0 | 148.7 |
| Q3 2022 | 144.2 | 150.9 |
| Q2 2022 | 141.7 | 149.6 |
| Q1 2022 | 139.1 | 146.2 |
| Q4 2021 | 135.6 | 143.2 |
| Q3 2021 | 133.9 | 140.2 |
| Q2 2021 | 131.2 | 136.0 |
| Q1 2021 | 128.1 | 132.1 |
| Q4 2020 | 127.6 | 129.8 |
| Q3 2020 | 128.6 | 128.1 |
| Q2 2020 | 127.0 | 126.3 |
| Q1 2020 | 126.9 | 124.4 |
| Q4 2019 | 125.4 | 122.7 |
| Q3 2019 | 126.3 | 121.5 |
| Q2 2019 | 124.3 | 119.8 |
| Q1 2019 | 122.9 | 117.6 |
| Q4 2018 | 121.0 | 116.8 |
| Q3 2018 | 120.5 | 115.9 |
| Q2 2018 | 117.9 | 114.2 |
| Q1 2018 | 115.0 | 112.3 |
| Q4 2017 | 113.4 | 111.2 |
| Q3 2017 | 112.4 | 110.4 |
| Q2 2017 | 110.4 | 108.8 |
| Q1 2017 | 108.2 | 106.9 |
| Q4 2016 | 105.8 | 106.1 |
| Q3 2016 | 105.4 | 105.4 |
| Q2 2016 | 104.6 | 103.8 |
| Q1 2016 | 102.7 | 102.0 |
| Q4 2015 | 101.3 | 101.1 |
| Q3 2015 | 101.3 | 100.8 |
| Q2 2015 | 100.7 | 99.8 |
| Q1 2015 | 96.7 | 98.3 |
Appraised values go back to 1995 for Spain, its regions and provinces, and to 2005 for municipalities over 25,000 inhabitants. They are quarterly, so falls are dated by quarter. A fall counts once values drop 3% below a peak, and ends when they are back at it.
Other reports for Portugalete
At the average appraised value, a 90 m² home costs €260,487. With 10% down and a 30-year mortgage, the payment is €993 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 25%
- Payment, one income
- 49%
Figures for Bizkaia province: Portugalete has no reliable figures of its own.
41.9% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 1,833
Figures for Bizkaia province: Portugalete has no reliable figures of its own.
Buyers living abroad bought 0.4% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 0.4%
5.6% of the 21,560 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 5.6%
- Empty homes
- 1,204