Imofolio

Melilla province · report

Past price cycles in Melilla province

Appraised values have fallen by 3% or more 4 times since 2013. The deepest began in Q1 2015.

Deepest fall
−4.7%
Recovery from the low
21 months

Prices in Melilla province and in Spain, indexed

Appraised values, both set to 100 in Q4 2013.

  • Melilla province
  • Spain
  • 100 = Q4 2013
Show the numbers
PeriodMelilla provinceSpain
Q2 2026146.1160.5
Q1 2026143.3157.9
Q4 2025140.6152.0
Q3 2025134.7146.8
Q2 2025134.6142.7
Q1 2025128.6138.6
Q4 2024129.3134.4
Q3 2024126.1131.0
Q2 2024129.4129.2
Q1 2024129.2127.2
Q4 2023124.7125.6
Q3 2023127.4123.6
Q2 2023122.5122.2
Q1 2023121.4121.9
Q4 2022122.5119.2
Q3 2022119.2118.6
Q2 2022119.6118.7
Q1 2022117.3118.2
Q4 2021112.8115.5
Q3 2021114.7113.3
Q2 2021114.0112.4
Q1 2021111.2110.8
Q4 2020111.9110.6
Q3 2020113.7110.4
Q2 2020111.2109.8
Q1 2020109.7111.8
Q4 2019112.6112.7
Q3 2019108.9111.7
Q2 2019110.8111.6
Q1 2019113.9111.5
Q4 2018111.7110.4
Q3 2018108.4108.4
Q2 2018108.9108.2
Q1 2018105.1106.8
Q4 2017102.7106.3
Q3 2017105.5105.0
Q2 2017106.2104.3
Q1 2017104.8104.0
Q4 2016101.6103.1
Q3 2016100.8102.2
Q2 201699.1102.7
Q1 2016100.5101.7
Q4 201598.8101.6
Q3 201599.1100.6
Q2 201596.8100.7
Q1 2015101.699.4
Q4 2014100.599.7
Q3 201496.699.2
Q2 201498.499.5
Q1 201499.199.5
Q4 2013100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
Q4 2013Q3 2014−3.4%93
Q1 2015Q2 2015−4.7%321
Q2 2017Q4 2017−3.3%66
Q1 2019Q3 2019−4.4%621

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
PeriodSpainEU
Q2 2026200.6168.6
Q1 2026194.1166.5
Q4 2025187.5164.6
Q3 2025184.1163.5
Q2 2025178.9161.0
Q1 2025172.0158.5
Q4 2024166.1156.2
Q3 2024163.1155.1
Q2 2024158.6152.7
Q1 2024153.2149.8
Q4 2023149.1148.9
Q3 2023150.7149.1
Q2 2023147.0148.2
Q1 2023144.0147.6
Q4 2022143.0148.7
Q3 2022144.2150.9
Q2 2022141.7149.6
Q1 2022139.1146.2
Q4 2021135.6143.2
Q3 2021133.9140.2
Q2 2021131.2136.0
Q1 2021128.1132.1
Q4 2020127.6129.8
Q3 2020128.6128.1
Q2 2020127.0126.3
Q1 2020126.9124.4
Q4 2019125.4122.7
Q3 2019126.3121.5
Q2 2019124.3119.8
Q1 2019122.9117.6
Q4 2018121.0116.8
Q3 2018120.5115.9
Q2 2018117.9114.2
Q1 2018115.0112.3
Q4 2017113.4111.2
Q3 2017112.4110.4
Q2 2017110.4108.8
Q1 2017108.2106.9
Q4 2016105.8106.1
Q3 2016105.4105.4
Q2 2016104.6103.8
Q1 2016102.7102.0
Q4 2015101.3101.1
Q3 2015101.3100.8
Q2 2015100.799.8
Q1 201596.798.3

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 Melilla province

At the average appraised value, a 90 m² home costs €194,805. With 10% down and a 30-year mortgage, the payment is €743 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
25%
Payment, one income
50%

Figures for Spain: Melilla province has no reliable figures of its own.

42.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
146,376

Buyers living abroad bought 0.8% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
0.8%

10.0% of the 29,347 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.0%
Empty homes
2,946