Housing prices in Spain's suburbs spiral out of control with more than 100% increases in three years

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New residents are driving up prices in many towns, some in rural Spain, according to an analysis by pisos.com

Ana Cantero

Monday, 13 April 2026, 15:59

There is little room for optimism in the Spanish housing market. Real estate platform pisos.com has published an analysis showing price increases of over 100% in some parts of the country, many of them located in rural Spain, over the last three years, specifically between March 2023 and March 2026.

The most notable cases are Villena (Alicante), with an increase of 135.51% (from 757 euros per square metre in 2023 to 1,783 euros in 2026); Torre-Pacheco (Murcia), with an increase of 114.52% (from 1,216 to 2,609 euros per square metre); and Villafranca de los Barros (Badajoz), with an increase of 113.73% (from 357 to 763 euros per square metre).

Elda (Alicante) has also seen a 107.21% increase in price per square metre, while other towns such as Guía de Isora (Santa Cruz de Tenerife), Talayuela (Cáceres), Fraga (Huesca), Trujillo (Cáceres), Miranda de Ebro (Burgos), Deltebre (Tarragona), Andratx (Balearic Islands) or Almazán (Soria) have grown by over 65%, at a rate much higher than that of the provincial capitals.

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Malaga, with 37.66%, rank second and third. Other provincial capitals such as Palma, Santander and Soria have also seen increases of around 30%.

The suburbanisation effect

The real estate portal states that the impossibility of accessing housing in big cities has forced thousands of families to move to surrounding municipalities, where prices used to be more affordable. However, this shift has led to a rise in property values in the suburbs.

As a result, Madrid and Valencia's suburbs, for example, have now seen price increases approach those of the cities themselves, as is the case in Paterna and Mislata (44.67% and 39.72%, respectively) in Valencia and Pinto (33.75%) in Madrid.

"When the peripheral market behaves like the metropolitan, affordability ceases to be a problem for large cities and becomes a national problem. This demands urgent structural solutions regarding land and the promotion of new housing, not only in provincial capital cities but also in medium-sized municipalities that act as safety valves," Font says.