House prices in Lugo province

At the average appraised value, a 90 m² home costs €105,606. With 10% down and a 30-year mortgage, the payment is €403 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

73.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

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

Appraised values have fallen by 3% or more 5 times since 1995. The deepest began in Q1 2008.

In 2024 the population grew by 1,085 while 197 homes were finished: 5.5 new residents for every new home.

37.3% of the 269,067 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Public bodies signed €24.8M of housing works here in 2025, and €24.8M since 2017.