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How much extra would you be prepared to pay simply because a property is new? 10%? 20%? 30%? How much is too much?
The latest data suggests many buyers in Spain are paying far more than that.
In this 6-minute edition of Spain Property Insights I look at the extraordinary premiums currently being paid for new-build property and ask whether they have reached unsustainable levels.
Among the issues covered:
• Why many new-build developments are no longer in the very best locations
• The startling premiums revealed by the latest notarial data
• Whether affordability is beginning to challenge the new-build sector
One statistic in particular caught my attention.
Across Spain as a whole, the premium being paid for a new-build house is currently 80%. At what point does "new" simply become too expensive?
It's interesting that the latest data for 2026 first quarter price rises show new-builds rising less than resales, 9.5% against 13.5%.
For more market analysis, buyer guidance, videos, blogs and podcasts about buying property in Spain, visit our website at www.thepropertyfinders.com
By Barbara WoodHow much extra would you be prepared to pay simply because a property is new? 10%? 20%? 30%? How much is too much?
The latest data suggests many buyers in Spain are paying far more than that.
In this 6-minute edition of Spain Property Insights I look at the extraordinary premiums currently being paid for new-build property and ask whether they have reached unsustainable levels.
Among the issues covered:
• Why many new-build developments are no longer in the very best locations
• The startling premiums revealed by the latest notarial data
• Whether affordability is beginning to challenge the new-build sector
One statistic in particular caught my attention.
Across Spain as a whole, the premium being paid for a new-build house is currently 80%. At what point does "new" simply become too expensive?
It's interesting that the latest data for 2026 first quarter price rises show new-builds rising less than resales, 9.5% against 13.5%.
For more market analysis, buyer guidance, videos, blogs and podcasts about buying property in Spain, visit our website at www.thepropertyfinders.com