Imofolio

Bizkaia province · report

People and new homes in Bizkaia province

In 2024 the population grew by 7,814 while 2,157 homes were finished: 3.6 new residents for every new home.

New residents per new home, 2024
3.6
Population change, 2024
+7,814

Population change and homes finished in Bizkaia province

The population's yearly change, net migration plus births minus deaths, against homes certified complete. INE and MIVAU.

Population change

Show the numbers
YearPopulation change
20247,814
20236,192
20224,855
2021-4,803

Homes finished

Show the numbers
YearHomes finished
20242,157
20231,625
20221,980
20212,472

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+718−5,521−4,8032,472
2022+11,136−6,281+4,8551,980
2023+11,408−5,216+6,1921,625
2024+13,433−5,619+7,8142,157

Births and deaths are INE's, by place of residence; net migration counts moves to and from abroad and the rest of Spain, and INE publishes it from 2021. Homes finished are completion certificates. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Bizkaia province

At the average appraised value, a 90 m² home costs €272,223. With 10% down and a 30-year mortgage, the payment is €1,038 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
24%
Payment, one income
49%

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
Per 1,000 residents
1.6

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%

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

Deepest fall
−26.9%
Recovery from the low
Not yet

6.1% of the 556,704 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
6.1%
Empty homes
34,017

Public bodies signed €132M of housing works here in 2025, and €175.5M since 2017.

Signed in 2025
€132M
Per resident, 2025
€113