Average appraised value of private, unsubsidised housing in towns over 25,000 inhabitants
According to data released in late February by the Ministry of Public Works, Ibiza ranks as the fourth most-expensive city in Spain, at €2,772 per square metre. Santa Eulalia ranks sixth (€2,640/m2) just ahead of Madrid (€2,628/m2). The first positions are held by San Sebastián (€3,060/m2) and Barcelona (€2,779/m2).
Change in housing prices
Increase in property transactions
However, although home acquisitions and prices are up in these last two years, we are nowhere near the records hit in early 2008. ◊