Spain · report
Public housing works in Spain
Public bodies signed €771.7M of housing works here in 2025, and €2.4B since 2017.
- Signed in 2025
- €771.7M
- Per resident, 2025
- €16
Public housing works signed in Spain
Contract awards for housing construction published on TED by Spanish public buyers, by the year published, before VAT. Complete years only; the data runs to October 8, 2026.
Show the numbers
| Year | Value signed |
|---|---|
| 2025 | €771,691,897 |
| 2024 | €364,407,622 |
| 2023 | €390,285,348 |
| 2022 | €242,395,747 |
| 2021 | €328,961,752 |
| 2020 | €137,290,889 |
| 2019 | €84,403,711 |
| 2018 | €57,151,398 |
| 2017 | €60,376,199 |
Only contracts above the EU thresholds are published on TED, so these are the larger works. A contract is placed in the provinces its place of performance names, split evenly; one that names only Spain counts for Spain alone. The value is the award's total.
Other reports for Spain
Asking prices have an 80% chance of landing between €3,001/m² and €3,338/m² by September 2027.
- Expected, September 2027
- €3,170/m²
- Chance of a rise
- 97%
At the average appraised value, a 90 m² home costs €211,950. With 10% down and a 30-year mortgage, the payment is €808 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 24%
- Payment, one income
- 49%
In Q2 2026, sellers asked 22.2% more than appraisers valued homes at. A year ago the gap was +14.3%.
- Gap today
- +22.2%
- Change in a year
- +7.9 pp
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
- Per 1,000 residents
- 3.0
Buyers living abroad bought 7.0% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 7.0%
Appraised values have fallen by 3% or more 2 times since 1995. The deepest began in Q1 2008.
- Deepest fall
- −30.7%
- Recovery from the low
- 132 months
In 2024 the population grew by 510,212 while 97,837 homes were finished: 5.2 new residents for every new home.
- New residents per new home, 2024
- 5.2
- Population change, 2024
- +510,212
14.4% of the 26,623,708 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 14.4%
- Empty homes
- 3,828,307
In 2025, 16% of the homes authorised were in existing buildings: conversions, extensions and changes of use.
- Homes in existing buildings, 2025
- 16%