Madrid province · report
Renovation in Madrid province
In 2025, 6% of the homes authorised were in existing buildings: conversions, extensions and changes of use.
- Homes in existing buildings, 2025
- 6%
Homes authorised in Madrid province: new buildings and existing ones
Dwellings in approved works plans each year: in new buildings, and by extending or refurbishing existing ones. MIVAU, by autonomous community.
- Existing buildings
- New buildings
Show the numbers
| Year | New buildings | Existing buildings | Total |
|---|---|---|---|
| 2025 | 18,568 | 1,185 | 19,753 |
| 2024 | 18,614 | 1,422 | 20,036 |
| 2023 | 16,230 | 1,234 | 17,464 |
| 2022 | 20,710 | 1,475 | 22,185 |
| 2021 | 18,294 | 1,408 | 19,702 |
| 2020 | 16,109 | 1,700 | 17,809 |
| 2019 | 22,130 | 1,801 | 23,931 |
| 2018 | 22,340 | 1,741 | 24,081 |
| 2017 | 19,166 | 1,577 | 20,743 |
| 2016 | 16,561 | 1,612 | 18,173 |
| 2015 | 11,210 | 1,387 | 12,597 |
| 2014 | 7,775 | 1,314 | 9,089 |
| 2013 | 6,196 | 1,349 | 7,545 |
| 2012 | 6,526 | 1,509 | 8,035 |
| 2011 | 17,147 | 1,817 | 18,964 |
| 2010 | 14,224 | 1,923 | 16,147 |
| 2009 | 16,333 | 2,002 | 18,335 |
| 2008 | 31,215 | 2,470 | 33,685 |
| 2007 | 45,930 | 2,956 | 48,886 |
| 2006 | 65,812 | 3,023 | 68,835 |
| 2005 | 63,132 | 4,682 | 67,814 |
| 2004 | 67,137 | 4,262 | 71,399 |
| 2003 | 73,325 | 5,468 | 78,793 |
| 2002 | 66,488 | 5,329 | 71,817 |
| 2001 | 55,713 | 4,104 | 59,817 |
| 2000 | 57,638 | 4,777 | 62,415 |
| 1999 | 59,510 | 3,443 | 62,953 |
| 1998 | 60,709 | 4,503 | 65,212 |
| 1997 | 44,316 | 4,421 | 48,737 |
| 1996 | 37,101 | 2,578 | 39,679 |
| 1995 | 53,128 | 2,314 | 55,442 |
| 1994 | 41,805 | 4,806 | 46,611 |
| 1993 | 31,452 | 2,408 | 33,860 |
| 1992 | 31,044 | 2,007 | 33,051 |
These are approvals, not finished works, and they count dwellings only: renovation that creates or reshapes no dwelling is not in them. MIVAU splits them by autonomous community, not by province.
Other reports for Madrid province
At the average appraised value, a 90 m² home costs €368,064. With 10% down and a 30-year mortgage, the payment is €1,404 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 36%
- Payment, one income
- 72%
2.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 19,301
- Per 1,000 residents
- 2.7
Buyers living abroad bought 1.4% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 1.4%
Appraised values have fallen by 3% or more 3 times since 1995. The deepest began in Q4 2007.
- Deepest fall
- −34.1%
- Recovery from the low
- 129 months
In 2024 the population grew by 102,333 while 23,464 homes were finished: 4.4 new residents for every new home.
- New residents per new home, 2024
- 4.4
- Population change, 2024
- +102,333
6.3% of the 2,956,941 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 6.3%
- Empty homes
- 187,586
Public bodies signed €218.9M of housing works here in 2025, and €810.7M since 2017.
- Signed in 2025
- €218.9M
- Per resident, 2025
- €31