Tres Cantos · report
Empty homes in Tres Cantos
3.3% of the 18,542 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 3.3%
- Empty homes
- 606
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| Tres Cantos | 3.3% |
| Madrid province | 6.3% |
| Spain | 14.4% |
The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.
Other reports for Tres Cantos
At the average appraised value, a 90 m² home costs €395,154. With 10% down and a 30-year mortgage, the payment is €1,507 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 27%
- Payment, one income
- 53%
Renting a 90 m² home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.
- Rent per month
- €1,168
- Owning per month
- €1,398
Figures for Madrid province: Tres Cantos has no reliable figures of its own.
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
Figures for Madrid province: Tres Cantos has no reliable figures of its own.
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 4 times since 2013. The deepest began in Q4 2013.
- Deepest fall
- −7.8%
- Recovery from the low
- 3 months