The smart way to buy in Spain now — while values are still low in the right regions
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Over the past months, we’ve spoken with many international clients — from Germany, the Netherlands, the UK, France, Ireland, and the US — who all share the same feeling:
“Prices in Spain seem high right now. Maybe it’s better to wait.”
It’s an understandable thought.
Buying property abroad is a big decision — and no one wants to feel they’ve paid too much.
But here’s the truth most buyers don’t realize until it’s too late:
Spanish real estate prices may never go back down to what they once were.
🧭 Why the “wait and see” approach no longer works
For years, Spain was a buyer’s market. After the 2008 financial crisis, prices fell dramatically, and bargain homes were everywhere. But that cycle is long gone.
Over the last decade, several strong forces have shifted the Spanish property market for good:
1. International demand keeps growing.
Spain’s climate, healthcare, and quality of life continue to attract retirees, digital nomads, and lifestyle buyers from across Europe and beyond.
81% of foreign buyers are over 55 — often retired or semi-retired.
Many are cash buyers, especially from the UK and Ireland.
2. The best areas have limited supply.
Whether it’s a coastal home in Galicia or a country house in Asturias, there’s only so much well-located land available — and once it’s bought, it rarely comes back to market.
3. Construction costs are rising.
Materials, labour, and licensing fees have increased across Europe. Even if demand slowed, building a new home today simply costs more than it did five years ago.
4. Spain’s economy and infrastructure have strengthened.
Improvements in transport, healthcare, and digital infrastructure are drawing more long-term residents — not just tourists.
In short: the era of cheap property in Spain is over.
Waiting for prices to “go back down” is like waiting for summer in December — it’s not coming.
🌱 The smarter strategy: Buy where prices are still low and growth rates are high
While the famous coastal hotspots (like Costa del Sol or Costa Blanca) are already expensive and saturated, there are still regions in Spain where prices remain surprisingly low — and where real growth is just beginning.
Let’s take a closer look.
1. Galicia
A land of green hills, dramatic coastlines, and stone-built villages. Galicia is still one of Spain’s best-kept secrets. Property prices remain well below the national average, yet interest is growing rapidly among Northern Europeans looking for authenticity, cooler summers, and space.
Average price per m² is less than half of the Costa del Sol.
Excellent food culture, strong local identity, and low density make it perfect for quality living.
2. Asturias
With its mountains, sea views, and national parks, Asturias offers lifestyle value that rivals northern Portugal — but at a fraction of the price. Demand is increasing, particularly for rural homes and fincas with land.
3. Cantabria
Often called the “green coast” of Spain, Cantabria offers stability, safety, and access to both mountain and sea. Its prices have remained reasonable but are expected to climb as infrastructure improves and remote work continues to spread.
4. Extremadura
Still one of Spain’s most undervalued regions, Extremadura offers incredible natural beauty, historic towns, and agricultural land at low cost. As eco-tourism and rural restoration projects expand, this region is showing strong investment potential.
These areas are exactly where smart international buyers are starting to look — before the mainstream market catches up.
🔍 Why iNMOspector is your safest way to buy
Buying in a less-known region can feel intimidating. You want to make sure you’re not just buying a “cheap” property, but a solid, legally safe investment that will hold and increase its value over time.
That’s exactly where we come in.
At iNMOspector, we provide a complete independent inspection and advisory service designed for international buyers who want clarity, safety, and trust.
Here’s what we do for you:
Technical Inspections
Before you sign anything, we carry out a detailed technical inspection — checking the structure, moisture issues, roofs, plumbing, electricity, and more. You get a clear report in English or German, with photos, diagrams, and expert explanations.
Urbanistic & Legal Reports
We verify whether the property complies with local planning laws and whether any extensions or outbuildings are legal. This is essential in Spain — where many rural homes have unregistered or unauthorized parts.
Market Valuations
We provide independent valuations so you know what a property is really worth — not just what the agent says.
Pest Diagnostics & Energy Checks
We include termite and damp diagnostics and issue Energy Efficiency Certificates where required — ensuring compliance and awareness of future renovation needs.
Legal Accompaniment
We collaborate with trusted Spanish lawyers to assist you with:
Reviewing the arras (reservation/pre-contract)
Checking the escritura (title deed)
Accompanying you to the notary if you wish
All communication is available in English or German, so you’re never lost in translation.
After Purchase Support
Once the property is yours, our sister service iNMObuilder can help with:
Renovations and restorations
Energy upgrades (solar panels, heat pumps, insulation)
License applications
Project management for builders or tradespeople
From first viewing to full renovation, we are your independent partner in Spain — protecting your investment and guiding you through every step.
📈 What this means for you as a buyer
The Spanish market is maturing.
What used to be a playground for speculators is now a landscape for serious, lifestyle-driven buyers — people who want a secure, enjoyable future home in a beautiful setting.
If you wait for “the next dip,” you risk missing out on:
The best properties in the most desirable regions
Lower renovation costs before inflation pushes prices further
The growth potential of emerging regions where prices are still affordable today
Remember: the moment to buy is not when everyone is rushing in — it’s when the smart, early movers see value where others only see uncertainty.
🌞 Spain is still a dream worth acting on — wisely
Whether your goal is to retire, relocate, or invest, buying in Spain today can still be one of the most rewarding decisions of your life.
But success depends on buying with the right information and the right team beside you.
At iNMOspector, we don’t sell properties.
We protect buyers.
We make sure your dream home in Spain doesn’t become an expensive mistake.
So if you’ve been watching the market and wondering whether now is the right time — let us show you where real opportunities still exist.
🗓️ Ready to take the next step?
We offer two easy options for new clients:
- Free initial consultation — 20 minutes to discuss your plans, region, and timeline. 👉 Book your free time slot now!
- Full pre-purchase inspection service — for those who already have a property in mind and want a complete technical, legal, and valuation report.
👉 Book your consultation here!
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📧 Reply directly to this email and we’ll schedule a call at your convenience.
Warm regards,
The iNMOspector Team
Your independent property inspection and building experts in Spain
📍 Working across Galicia, Asturias, Cantabria, Extremadura — and throughout Spn