Cantabria province · report
Affordability in Cantabria province
At the average appraised value, a 90 m² home costs €190,980. With 10% down and a 30-year mortgage, the payment is €728 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 21%
- Payment, one income
- 42%
Try your own numbers
Starting from the average appraised value of €2,122/m² in Cantabria province, a median income of €20,650 a year per consumption unit (2024, Cantabria province) and a mortgage rate of 3.0% (August 2026).
The payment takes 21% of income. Spain sets no limit on it.
- Home price
- €190,980
- Monthly payment
- €725
- Share of net income
- 21%
The mortgage payment as a share of income, year by year
A 90 m² home with 10% down over 30 years, at each year's average price and rate, against one and against two of that year's median incomes.
- Two median incomes
- One median income
Show the numbers
| Period | Two median incomes | One median income |
|---|---|---|
| 2024 | 17.6% | 35.3% |
| 2023 | 17.7% | 35.5% |
| 2022 | 14.6% | 29.2% |
| 2021 | 13.8% | 27.5% |
| 2020 | 14.5% | 28.9% |
| 2019 | 15.1% | 30.3% |
| 2018 | 16.1% | 32.2% |
| 2017 | 16.6% | 33.3% |
| 2016 | 17.4% | 34.8% |
| 2015 | 17.8% | 35.6% |
Spain against the EU
Share of people spending over 40% of their disposable income on housing, then the rest of Eurostat's survey of living conditions. These are national figures, shown here as context.
- Spain
- EU
Show the numbers
| Year | Spain | EU |
|---|---|---|
| 2025 | 7.2% | 7.7% |
| 2024 | 7.8% | 8.2% |
| 2023 | 8.2% | 8.8% |
| 2022 | 9.2% | 8.7% |
| 2021 | 9.9% | 8.7% |
| 2020 | 8.2% | 7.8% |
| 2019 | 8.5% | 9.4% |
| 2018 | 8.9% | 9.6% |
| 2017 | 9.8% | 10.1% |
| 2016 | 10.2% | 10.9% |
| 2015 | 10.3% | 11.2% |
| 2014 | 10.9% | 11.5% |
| 2013 | 10.3% | 11.6% |
| 2012 | 10.7% | 11.5% |
| 2011 | 10.0% | 10.6% |
| 2010 | 9.7% | 10.0% |
| Share of people who | Spain | EU |
|---|---|---|
| Spend over 40% of income on housing | 6.3% | 7.7% |
| … nationals (adults) | 4.4% | 7.1% |
| … citizens of another EU country (adults) | 17.1% | 15.2% |
| … non-EU citizens (adults) | 38.0% | 18.1% |
| Live in an overcrowded home | 12.7% | 16.8% |
| Own their home outright | 39.7% | 43.7% |
| Own with a mortgage | 31.5% | 24.8% |
| Rent at market price | 16.3% | 20.8% |
| Rent at a reduced price or free | 12.5% | 10.7% |
Income is INE's median income per consumption unit, from tax records: a household's net income divided by its consumption units, so one income is a single adult's. Spain sets no limit on the payment as a share of income: the Banco de España has the power to set one and has not used it, and the law requires lenders to assess solvency instead.
Other reports for Cantabria province
60.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 1,491
- Per 1,000 residents
- 2.5
Buyers living abroad bought 1.3% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 1.3%
Appraised values have fallen by 3% or more 3 times since 1995. The deepest began in Q3 2007.
- Deepest fall
- −32.4%
- Recovery from the low
- 72 months
In 2024 the population grew by 2,885 while 1,369 homes were finished: 2.1 new residents for every new home.
- New residents per new home, 2024
- 2.1
- Population change, 2024
- +2,885
12.9% of the 383,642 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 12.9%
- Empty homes
- 49,372
In 2025, 45% of the homes authorised were in existing buildings: conversions, extensions and changes of use.
- Homes in existing buildings, 2025
- 45%
Public bodies signed €38.2M of housing works here in 2025, and €38.2M since 2017.
- Signed in 2025
- €38.2M
- Per resident, 2025
- €64