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Are Seville property prices going up now? (June 2025)

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Property prices in Seville are experiencing significant upward momentum as we reach mid-2025.

The Andalusian capital has seen property values rise between 5.7% and 11.9% year-on-year, with average residential prices now ranging from €2,250 to €2,679 per square meter. This growth is driven by strong local demand, limited housing supply, and increasing interest from foreign buyers attracted to Seville's cultural heritage and relative affordability compared to Madrid and Barcelona.

If you want to go deeper, you can check our pack of documents related to the real estate market in Spain, based on reliable facts and data, not opinions or rumors.

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

How this content was created 🔎📝

At InvestRopa, we explore the Spanish real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Seville, Madrid, and Barcelona. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What are the current average property prices in Seville as of June 2025?

Property prices in Seville have reached €2,250 to €2,679 per square meter as of mid-2025.

According to Engel & Völkers, apartments average €2,663 per square meter while houses are priced at €2,312 per square meter. Indomio.es reports an average of €2,320 per square meter in April 2025, with significant variation across districts ranging from €1,323 per square meter in the most affordable areas to €3,595 per square meter in premium locations.

The average transaction price for residential properties stands at approximately €500,963, reflecting the city's position as an accessible yet appreciating market. These figures represent a substantial increase from previous years, with Seville maintaining its reputation as one of Spain's most affordable major cities while experiencing consistent growth.

Premium districts command significantly higher prices, with Casco Antiguo, Los Remedios, and Nervión seeing ranges between €2,800 and €3,400 per square meter for renovated properties with modern amenities.

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How much have property prices increased in Seville over the past year?

Seville residential property prices have increased between 5.7% and 11.9% year-on-year in 2024-2025.

Engel & Völkers reports a 6.7% increase for apartments and 7.5% for houses in 2025. SpainHouses.net notes an 8.7% to 11.9% increase in average price per square meter compared to the same period in 2024, while Indomio.es shows a more conservative 5.7% increase from May 2024 to April 2025.

The variation in growth rates depends on property type and location within the city. Renovated heritage properties in central districts have experienced the strongest appreciation, driven by demand for modern amenities combined with historic character. Apartments with energy efficiency upgrades, terraces, and flexible workspaces have commanded particular premiums.

This growth rate positions Seville as having strong but controlled appreciation compared to Spain's hottest markets like Madrid (+15.1%) and Valencia (+14.5% to +22.2%), indicating sustainable rather than speculative growth patterns.

Which districts in Seville are experiencing the fastest property price growth?

Macarena leads Seville's price growth with a remarkable 13.1% annual increase, followed by Cerro-Amate at 9.6% and San Pablo at 8.4%.

These traditionally working-class districts are benefiting from infrastructure improvements, urban development projects, and their central location relative to their historical affordability. Macarena, in particular, has attracted significant attention from investors targeting buy-to-let opportunities due to its proximity to the university and transport links.

Los Remedios, while already premium-priced, has seen property values rise from €3,500 per square meter in 2020 to €5,000 per square meter in 2023, representing a 43% increase over three years. This upscale district continues to attract affluent families and international buyers seeking space and modern amenities.

More affordable areas like Pino Montano and Triana are also appreciating due to infrastructure improvements and urban development. Triana, located across the Guadalquivir River, is experiencing gentrification while maintaining its cultural character, making it attractive to both local and foreign buyers seeking authentic Seville living with modern conveniences.

What types of properties are seeing the biggest price increases in Seville?

Renovated heritage apartments in central districts are experiencing the strongest price appreciation in Seville's current market.

Properties in Casco Antiguo, Macarena, and Los Remedios that combine historic character with modern amenities command significant premiums. These include apartments with updated kitchens, energy-efficient systems, air conditioning, and terraces or balconies. The growing demand for home office space has particularly benefited properties with flexible layouts or additional rooms.

Luxury segment properties in Los Remedios are appreciating rapidly due to high demand from affluent buyers and international investors. New build townhouses and villas in suburban developments, especially in areas like Entrenúcleos, command absolute prices between €420,000 and €450,000 for new constructions.

Apartments generally show slightly higher price per square meter appreciation than houses, with steady growth across all size categories. Properties with modern energy certifications (CEE) and sustainable features are becoming increasingly important for both buyer preference and rental potential, reflecting Spain's growing focus on environmental standards.

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How have Seville property prices evolved over the past five years (2020-2025)?

Seville has experienced steady annual price growth averaging 5-7% since 2020, with total appreciation of 25-30% over the five-year period.

The detailed progression shows: 2022 apartments at €2,254.8 per square meter and houses at €1,857 per square meter; 2023 reaching €2,287.3 per square meter for apartments and €1,936.4 per square meter for houses; 2024 climbing to €2,496.5 per square meter for apartments and €2,151.3 per square meter for houses; and 2025 reaching €2,663.6 per square meter for apartments and €2,312.4 per square meter for houses.

This consistent upward trajectory reflects strong underlying demand fundamentals rather than speculative bubbles. The growth has been supported by Seville's expanding role as a cultural and economic center, improved infrastructure, and increasing recognition among international buyers seeking alternatives to more expensive Spanish cities.

Importantly, current prices remain 20-27% below their 2008 peak, suggesting significant room for further appreciation. This gap provides a compelling investment thesis for those believing in Seville's long-term prospects as Spain's fourth-largest city and Andalusia's capital.

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What are the property price forecasts for Seville in 2025-2026?

BBVA Research forecasts Spanish property prices to rise 7.3% in 2025 and 5.3% in 2026, with Seville expected to follow similar but slightly lower trajectory.

Local market analysts anticipate Seville will experience 5-7% growth in 2025, moderating to 3-5% in 2026 as the market matures. CaixaBank Research supports continued price appreciation, forecasting nominal growth of 4% nationally, which translates to sustained upward pressure in Seville's market.

The forecasts are based on several supporting factors: limited new construction in central areas due to heritage preservation regulations, continued strong local demand from university students and professionals, growing international interest particularly from digital nomads and retirees, and improving economic conditions with declining interest rates.

Medium-term projections through 2030 suggest continued moderate growth driven by supply shortages, strong demographic trends, and Seville's increasing appeal as a lifestyle destination. The combination of cultural heritage, affordability relative to Madrid and Barcelona, and growing international connectivity supports sustained demand.

What do experts predict for Seville's property market by 2030-2035?

Seville is expected to remain a value-driven, stable market with moderate appreciation through 2035, particularly in central and heritage districts.

Local real estate experts predict heritage and renovated properties in the historic center and prime neighborhoods will outperform due to persistent demand and limited supply. The combination of UNESCO World Heritage sites, cultural attractions, and lifestyle appeal creates sustainable long-term value propositions.

Foreign demand and digital nomad inflows are expected to maintain upward pressure on prices, especially in culturally rich and well-connected areas. The city's growing reputation as a hub for remote professionals, supported by Spain's Digital Nomad Visa program, provides demographic tailwinds for housing demand.

Risk factors for long-term growth include potential supply increases if construction accelerates in peripheral areas, regulatory changes that could dampen investor demand, and affordability constraints if prices rise faster than local incomes. However, Seville's fundamental appeal as a cultural center with modern amenities positions it well for sustained growth over the coming decade.

infographics comparison property prices Seville

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.

How does Spain's current economic climate affect Seville's property market?

Spain's improving economic conditions are providing strong support for Seville's property market growth in 2025.

National inflation is moderating to 1.5% forecast for 2025, supporting real wage growth and buyer confidence. ECB rate cuts bringing mortgage rates down to 3% in 2025 are improving affordability and stimulating demand. Spain's GDP is forecast to grow by 2% in 2025, supporting continued housing demand across the country.

The unemployment rate has declined to 10.61% in Q4 2024, the lowest level since 2008, particularly benefiting cities like Seville with diverse economic bases including tourism, technology, and services. This employment recovery translates directly into housing demand from local buyers.

Supply constraints remain a key factor driving price growth, with limited new construction especially in central Seville due to heritage preservation requirements and bureaucratic hurdles. The construction sector faces ongoing challenges including labor shortages and elevated costs, which remain 30% above 2019 levels despite recent moderation.

What impact do the 2025 housing reforms have on Seville's market?

The 2023-2025 housing reforms under Spain's Ley por el Derecho a la Vivienda have introduced new regulations but have not significantly expanded supply in Seville.

The reforms introduced rent caps, affordable housing quotas, and vacant property taxes in designated "tensioned" districts. However, their impact in Seville has been limited compared to Madrid and Barcelona, as Seville was not classified among the most pressured markets requiring strict intervention.

Supply remains tight as the reforms have increased regulatory complexity without substantially boosting construction. Some investors may be delaying purchases due to uncertainty around new regulations, but overall demand remains robust in Seville's market.

The reforms have primarily affected short-term rental markets, with municipalities applying more restrictions in tourist-saturated zones like Casco Antiguo. This has led investors to focus more on long-term rental strategies, where returns remain consistent and regulatory exposure is lower.

How significant is foreign buyer demand in Seville's property market?

Foreign buyers account for 10-15% of property transactions in Seville in 2024, with particularly strong demand in historic and lifestyle districts.

International demand is especially concentrated in Andalusia and Seville's historic districts, driven by the city's cultural heritage, affordable prices relative to other European cities, and Spain's favorable climate. The Spanish Digital Nomad Visa has supported this trend, attracting remote professionals seeking quality of life improvements.

Digital nomads and expats are increasingly attracted by Seville's affordability and lifestyle, contributing to price increases particularly in central and lifestyle-oriented neighborhoods. Popular areas among foreign buyers include Casco Antiguo for heritage appeal, Los Remedios for family-friendly environments, and Triana for authentic cultural experiences.

This foreign demand provides price support and market stability, though it remains secondary to strong local demand. The international buyer presence helps establish Seville as a globally recognized real estate market while maintaining its authenticity and local character.

It's something we develop in our Spain property pack.

How do Seville's property prices compare to other major Spanish cities?

City Average Price (€/m², 2025) Annual Growth 2024-2025 Market Characteristics
Madrid €4,400 +15.1% Highest growth among major cities, capital premium
Barcelona €3,331 +5.7% Moderate growth, high base price, international demand
Valencia €2,300-€2,415 +14.5% to +22.2% Fastest growth, emerging tech hub, infrastructure improvements
Seville €2,250-€2,679 +5.7% to +11.9% Strong but controlled growth, cultural appeal, affordability
Málaga €2,800-€3,200 +12.4% Coastal premium, international demand, tourism impact

Seville's price growth is strong but remains below Madrid and Valencia, which are experiencing double-digit increases driven by capital city effects and technology sector growth respectively.

What are the main risks that could cause Seville's property market to stagnate or decline?

Several key risks could potentially impact Seville's property market momentum in the coming years.

Regulatory expansion poses the most immediate risk, including potential expansion of rent caps or implementation of new taxes such as the proposed 100% tax on foreign buyers. Such measures could dampen investor demand and reduce market liquidity, particularly affecting premium segments where international buyers are most active.

Economic slowdown risks include sharp rises in unemployment, interest rates, or broader recession that could reduce local demand and halt price growth. While current economic indicators are positive, any reversal of employment gains or return to higher borrowing costs could impact affordability.

Supply increases represent another potential moderating factor - if new construction accelerates significantly, especially in peripheral areas, price appreciation could slow as market balance shifts. Affordability constraints also pose risks if prices continue rising faster than local incomes, potentially weakening first-time buyer demand and creating market imbalances.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

**Yes - property prices in Seville are going up significantly, with sustained growth expected to continue.**

Sources

  1. SpainHouses.net - Seville Property Prices
  2. The Luxury Playbook - Seville Real Estate Market Overview
  3. Indomio.es - Seville Property Market Data
  4. Engel & Völkers - Seville Property Prices
  5. Foreign Buyers Watch - Seville Property Analysis
  6. InvestRopa - Seville Area Guide
  7. InvestRopa - Spain Real Estate Forecasts
  8. Spanish Property Insight - BBVA Research Forecasts
  9. Global Property Guide - Spain Price History
  10. WTG Spain - Spanish House Prices 2024