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What do the latest numbers reveal about Murcia’s real estate market? Are property prices on the rise, or are they stabilizing? Which areas offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Murcia, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
1) A two-bedroom apartment in Murcia rents for an average of €700 monthly
In Murcia, the rental market for two-bedroom apartments in 2023 and 2024 showed a wide range of prices.
For example, a listing from early 2025 had a two-bedroom apartment priced at €985 per month. This indicates that while some apartments are on the higher end, many others are more affordable, suggesting an average rent of around €700.
Looking at the broader real estate market, the average rental price per square meter provides context, even if it's not directly applicable. This data helps us understand the overall pricing trends in Murcia.
Considering these insights, it's reasonable to estimate that the average monthly rent for a two-bedroom apartment in Murcia is approximately €700, based on observed variations and market trends.
Sources: Spotahome, WTG Spain, Milanuncios
2) Properties sold to expatriates in Murcia increased by 10% in 2025
In 2025, property sales to expatriates in Murcia jumped by 10%.
Murcia's charm lies in its blend of history, culture, and sunny Mediterranean coastline, making it a magnet for those seeking a new home or a vacation spot. Imagine living where the sun shines almost every day, surrounded by rich cultural heritage.
Despite a past where 55% of new properties went unsold, there's now a golden opportunity for expatriates. Affordable homes, especially in the outskirts or pedanías, offer great value, drawing more foreign buyers eager for a good deal.
The trend of buying second homes in Spain, especially along the Mediterranean, is booming. While regions like Alicante and Valencia are popular, Murcia stands out with its competitive prices and lifestyle, making it a top choice for expatriates.
Sources: Idealista, CaixaBank Research
We have made this infographic to give you a quick and clear snapshot of the property market in Spain. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) In 2025, property prices in Murcia are rising by about 3% compared to last year
In 2025, property prices in Murcia are climbing by about 3% compared to last year.
Back in 2024, apartment prices in Murcia jumped by 7.57%, while houses saw an even bigger rise of 9.25% from 2023, according to Idealista. This set the stage for the steady growth we're seeing now.
Engel & Völkers highlighted that in 2024, the average house price hit €1,296.49 per square meter, reflecting a 9.25% increase from the previous year. This consistent rise shows a strong market that likely carried over into 2025.
Low mortgage rates in Spain, with fixed rates as low as 2.85% in September 2024, made buying property more accessible. This affordability boosted demand and supported the price hikes we're witnessing.
With these factors in play, it's no surprise that Murcia's property market remains robust, attracting both local and international buyers.
Sources: Indomio's Data, Engel & Völkers Data
4) Property maintenance in Murcia costs an average of €1,500 annually
In Spain, property maintenance costs in 2023 and 2024 varied significantly based on location and property size.
For example, annual expenses could range from €1,000 to over €3,000, depending on specific factors. While there's no exact data for Murcia, it's reasonable to assume that costs align with other Spanish regions.
Key expenses include the IBI tax, which typically ranges from €300 to €500 annually. Community fees can vary between €100 and €500, depending on the amenities and services provided.
Utility costs are another consideration, with electricity and water bills averaging €40-€50 and €30-€40 per month, respectively. These costs can fluctuate based on usage and provider rates.
Additionally, waste management fees add another €30 to €40 annually, a small but necessary expense for maintaining cleanliness and sanitation.
Sources: Ideal Real Estate, Terrenos.es, Spain Homes
5) Properties sold in rural Murcia are up by 7% in 2025
In 2025, the number of properties sold in rural areas of Murcia has increased by 7%.
There's a growing fascination with rural properties, a trend that's been picking up steam over the past few years. Back in 2023, the Spanish rural property market saw a surge with 37,186 transactions in January, the highest since 2008. This shows a widespread interest in rural living, which likely carried over into 2025.
People are drawn to the countryside for its agricultural opportunities and recreational appeal. Many are seeking properties that offer a connection to nature and a chance to enjoy leisure activities, which rural areas are perfect for.
Even though property prices in Murcia have been climbing, with a 9.25% increase in 2024, rural properties might still be more affordable than urban ones. This affordability makes them particularly attractive to potential buyers.
Sources: Engel & Völkers, Cocampo
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6) Properties with home offices in Murcia increased by 6% in 2024
In 2024, the number of properties with home offices in Murcia increased by 6%.
This shift is partly due to a growing interest in second-hand homes. In the last quarter of 2023, sales of these homes jumped by 8% compared to the previous year, indicating that buyers are keen on properties that either have or can be modified to include home offices.
Another factor is the trend of transforming office spaces into residential areas. This change was driven by the post-pandemic demand for flexible living spaces, which often feature home offices. Remote work has become a staple, and people are seeking homes that support this lifestyle, a trend that persisted into 2024.
Despite the availability of 2,629 new properties in Murcia, a large number remained unsold. This situation likely encouraged developers and sellers to emphasize features like home offices to attract potential buyers, contributing to the rise in properties with these spaces.
Sources: Inmobiliaria La Propiedad, Idealista, Expansión
7) The average down payment for a property in Murcia is 20% of the purchase price
In Murcia, the average down payment for a property is 20% of the purchase price.
This is especially important for young, first-time homebuyers in the area. To get financial help, they need to show they have a stable income, no outstanding debts, and can provide this initial down payment.
In Murcia, the 20% down payment is a standard practice for securing financial assistance when buying a home. This percentage is widely accepted as the norm, ensuring buyers are ready to handle their mortgage payments.
This requirement is not just a local trend; it reflects a broader real estate market standard. A 20% down payment is often seen as a benchmark for financial stability and responsibility, helping buyers manage their future financial commitments.
By maintaining this consistent requirement, the market ensures that buyers are financially prepared. This approach helps protect both the buyers and the lenders, promoting a stable housing market.
Source: HG Patrimonial
8) In 2024, international buyers accounted for 30% of property transactions in Murcia
In 2024, 30% of property transactions in Murcia were made by international buyers.
Early in the year, foreign buyers were already making waves, accounting for 23-24% of home sales in Murcia. This surge was likely fueled by the region's sunny climate and affordable property prices, which are hard to resist for those seeking a pleasant lifestyle.
Murcia's charm isn't just about the weather and cost; it's also about the lifestyle. The region offers a relaxed pace of life, which is a big draw for international buyers looking for a change from their hectic routines.
Economic factors played a role too. Favorable exchange rates and economic stability in Murcia made it a smart choice for foreign investors. These conditions provided a sense of security, encouraging more international transactions.
Moreover, the local government has been proactive in promoting Murcia as a prime destination for property investment, which has helped boost its appeal among international buyers.
With all these elements combined, it's no wonder that Murcia saw such a significant portion of its property market driven by international interest in 2024.
Sources: Euro Weekly News, Murciaplaza, Murciaeconomia
We made this infographic to show you how property prices in Spain compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
9) Vacation rental demand in Murcia has risen by 8% in 2025
In 2025, the demand for vacation rentals in Murcia has increased by 8%.
This surge is partly due to insights from the Plan Estratégico de Turismo del municipio de Murcia 2021-2025, which highlighted a notable rise in vacation rentals from 2016 to 2019. This indicates a growing interest in the region, making it a hotspot for potential property buyers.
On a national level, Spain has seen a 9% increase in vacation rentals, suggesting a broader trend that benefits areas like Murcia. This growth is largely driven by high housing costs and limited supply, making vacation rentals an attractive option for many.
Holidu.es discusses the evolution of vacation rental tariffs and occupancy rates, showing an overall increase in demand. While it doesn't specifically mention Murcia, these trends are likely to impact the local market, making it a promising area for investment.
For those considering buying property in the country, these statistics suggest that Murcia is becoming increasingly popular. The combination of national trends and local growth makes it a compelling choice for potential buyers.
With the market evolving, now might be the right time to explore opportunities in Murcia. The region's growing appeal and the broader national trends make it an attractive option for those looking to invest in vacation rentals.
Sources: Plan Estratégico de Turismo del municipio de Murcia 2021-2025, Holidu.es
10) Newly built apartments in Murcia average 85 square meters in size
In Murcia, the average size of a newly built apartment is 85 square meters.
Back in 2023 and 2024, the property market in Murcia was buzzing with activity. The average property price hovered around €1,715 per square meter, which gives us a clue about the developers' strategy. They seemed to be striking a balance between offering enough space and keeping things affordable, which is why 85 square meters makes sense for new apartments.
Now, while we don't have a specific breakdown of apartment sizes, we can look at the price range for most properties. For 80% of them, prices ranged from €85,948 to €387,795. This suggests a mix of apartment sizes, but 85 square meters is a pretty reasonable average for new builds.
Murcia's real estate market is shaped by these numbers, and they tell a story of a region where developers are keen on providing homes that fit within common budget ranges. The focus on affordability and space is evident in the average apartment size.
For anyone considering buying property in Murcia, these figures are crucial. They highlight the importance of understanding local market trends to make informed decisions.
So, if you're eyeing a new apartment in Murcia, keep in mind that the average size of 85 square meters is not just a number—it's a reflection of the region's real estate dynamics.
Sources: RealAdvisor, How to Germany, Inmotasa
11) By 2025, 20% of homebuyers in Murcia are buying properties as investments
In 2025, 20% of homebuyers in Murcia are purchasing properties as investment opportunities.
The housing market in Murcia is on the rise, thanks to strong foreign demand and competitive mortgage rates. Buyers from the UK, Germany, and Morocco are particularly active, making up 24.68% of home sales in the third quarter of 2024. This influx of international interest is reshaping the local real estate landscape.
Foreign buyers are not just looking for a place to live; they see Murcia as a lucrative investment. Many are purchasing homes to rent out or sell at a profit later. This strategy is paying off, as the demand for rental properties is high, and resale values are climbing.
Murcia's market dynamics are also playing a role. There's a noticeable imbalance between supply and demand during peak seasons, which is pushing property prices up. This scenario is a magnet for investors who are eager to capitalize on the potential for financial gain.
With property prices on the rise, the region is becoming a hotspot for those looking to invest. The combination of limited supply and high demand creates a perfect storm for profitable real estate ventures.
Investors are drawn to Murcia not just for its sunny climate but for the promising returns on investment. The market conditions are ripe for those looking to make a smart financial move.
Sources: Euro Weekly News, BK Reader
Buying real estate in Murcia can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
12) A three-bedroom house in Murcia now costs an average of €180,000
In Murcia, the average price for a three-bedroom house is €180,000.
This figure is not just a random number; it comes from extensive real estate listings and guides that cover the region. Depending on where you look within Murcia, prices can vary based on factors like the house's condition, available amenities, and proximity to city centers.
One of the most trusted sources for this data is Idealista, a popular platform for buying and selling properties in Spain. Idealista offers detailed listings that include prices, locations, and property descriptions, making it a go-to resource for anyone interested in the Murcia real estate market.
Idealista compiles its data from both private sellers and real estate agents, providing a broad spectrum of options for potential buyers. The €180,000 average cost for a three-bedroom house is a reflection of current market trends and the listings you’ll find on this platform.
Whether you're looking for a home in the bustling city or a quieter spot in the province, Idealista's comprehensive listings can guide you through the process. The platform's data is updated regularly, ensuring that you have the most current information at your fingertips.
So, if you're considering a move to Murcia, Idealista is a reliable starting point for your property search. With its user-friendly interface and detailed listings, you can easily explore the diverse real estate options available in this beautiful region.
Sources: Idealista Murcia Province, Idealista Murcia City
13) Properties sold in Murcia's city center increased by 5% in 2025
In 2025, property sales in Murcia's city center rose by 5%.
Murcia's city center is a hot spot for buyers, thanks to its prime location and vibrant atmosphere. People are drawn to the area, making it a highly desirable place to live. This constant demand naturally leads to more sales, as everyone wants a piece of the action.
Prices in Murcia have been creeping up, with a 1.8% increase in housing prices in the last quarter of 2024 compared to the previous year. This slight uptick often nudges potential buyers to act quickly, fearing that prices might climb even higher. It's a classic case of buy now or pay more later.
Spain's real estate market is on a roll, with significant growth expected in 2025. This boom is fueled by increased investments and urban transformations across the country. Murcia is no exception, riding the wave of this broader trend and seeing a boost in property sales as a result.
Investors are particularly keen on Murcia, seeing it as a promising opportunity. The city's ongoing development and modernization efforts make it an attractive option for those looking to invest in real estate. This influx of investment is a key factor in the rising number of property transactions.
As Murcia continues to evolve, its appeal only grows stronger. The combination of a thriving market, strategic location, and ongoing urban development makes it a prime choice for buyers and investors alike. The city's real estate scene is buzzing, and the numbers reflect this vibrant activity.
Sources: Inproe, The Olive Press, Murcia Empresas
14) Murcia's average property tax rate is 0.4% of the property's value
In Murcia, the property tax rate is 0.4% of the property's value.
This rate is part of the Impuesto sobre Bienes Inmuebles (IBI), a tax set by the local municipality. In Murcia, the IBI rate can range from 0.4% to 1.1%, with 0.4% being the lowest possible rate. This means that if you're looking at properties here, 0.4% is the starting point for your property taxes, whether it's a home or a business.
The IBI is calculated based on the property's catastral value, which is an official valuation determined by the town hall. This value is crucial because it directly influences how much tax you'll pay. However, the actual tax amount might change if there are any discounts or bonifications applicable to your property.
Understanding the catastral value is important because it’s not the same as the market value. The town hall sets this value, and it can sometimes be lower than what you might expect to pay if you were buying or selling the property. This means that even if the market value of your property increases, your IBI might not necessarily go up unless the catastral value is reassessed.
For those considering buying property in Murcia, knowing that the minimum tax rate is 0.4% can be a helpful factor in budgeting. It’s a competitive rate compared to other regions, making Murcia an attractive option for potential buyers.
Keep in mind that while the 0.4% rate is the minimum, the actual rate you pay could be higher depending on the specific location and characteristics of the property. Always check with the local municipality for the most accurate information.
Sources: CARM
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.