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What do the latest numbers reveal about Seville’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods 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 Seville, 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) Rental yields in Seville are averaging about 4.5% in 2025
In 2025, rental yields in Seville are averaging around 4.5%.
Back in 2023, Seville's rental yield was 6.1%, as reported by GuestReady. This was based on the average property prices and rental income at that time. The real estate market in Seville has remained stable, with a steady demand for housing and a slightly increasing price trend, according to Inmoselo Inmobiliarias.
Real Advisor provides a snapshot of rental prices in Seville, showing median monthly rents for houses at about €900 and apartments at around €700. These figures help illustrate the rental market dynamics, even if they don't directly specify the yield.
The shift from a 6.1% yield in 2023 to an average of 4.5% in 2025 can be linked to these stable market conditions and the balance between rental income and property prices.
Sources: Inmoselo Inmobiliarias, GuestReady, Real Advisor
2) In 2024, 70% of property buyers in Seville used a mortgage to finance their purchase
In 2024, 70% of Seville's property buyers financed their purchase with a mortgage.
Seville's property market saw a notable shift as the average mortgage amount jumped by 45% in 2024 compared to the previous year, reaching €235,902 by August. This increase suggests that buyers were either facing higher property prices or choosing more luxurious homes.
Moreover, the city experienced a 28% rise in mortgage operations for housing in August 2024 compared to the same month in 2023, with a total of 1,785 operations. This uptick indicates a growing appetite for mortgage financing among buyers.
Seville wasn't just a local player; it led Andalucía in housing mortgage operations in August 2024. This leadership underscores the city's significant role in the regional mortgage landscape.
These trends collectively highlight a strong reliance on mortgage financing among Seville's property buyers in 2024. The city's market dynamics reflect broader economic factors influencing buyer behavior.
As property prices continue to rise, the preference for larger mortgages becomes more apparent, shaping the financial strategies of potential homeowners in Seville.
Sources: Diario de Sevilla, How to Buy in Spain, Vivenzia Home Blog
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) Renovated home sales in Seville's property market rose by 6% in 2024
In 2024, Seville's property market saw a 6% increase in the number of renovated homes sold.
Buyers are increasingly interested in sustainable and modern housing, especially in revitalized urban areas. This shift is evident in Seville, where urban renewal projects are gaining momentum. People are drawn to these areas for their eco-friendly and contemporary features.
In 2023, there was a clear trend towards homes that are not just renovated but also sustainable. Seville stood out as a city where urban renewal projects flourished, making these homes more appealing to those seeking modern amenities.
The demand for such properties surged, leading to more sales in 2024. The focus on eco-friendly construction and urban revitalization significantly boosted the market for renovated homes.
Seville's emphasis on sustainability and modern living has made it a hotspot for buyers. The city's commitment to environmentally friendly developments is attracting a new wave of homeowners.
As urban areas continue to evolve, the appeal of renovated homes with modern features is expected to grow. Seville's property market is a prime example of how urban renewal can drive real estate trends.
Source: Maginmuebles
4) Demand for properties with home offices in Seville rose by 3% in 2024
In 2024, Seville's property market experienced a 3% increase in demand for homes with offices.
This shift is part of a broader trend, as the first quarter of 2024 saw a 12% rise in overall property demand compared to the same period in 2023. This surge suggests a growing interest in various property types, including those with home offices.
Seville's appeal is further enhanced by its economic recovery and stable employment rates, making it an attractive place to live. The city's rich cultural and leisure offerings also entice more people to consider relocating and working from home.
From 2021 to 2024, Seville significantly boosted its housing supply, producing nearly 6,000 new units annually. This increase in available homes has helped stabilize property prices, making it easier for buyers to opt for properties with extra features like home offices.
These factors combined have made Seville a hotspot for those seeking a balanced lifestyle, where they can enjoy the city's vibrant atmosphere while having the flexibility to work remotely.
As more people embrace remote work, the demand for homes with dedicated office spaces is likely to continue growing, reflecting a shift in how people view their living spaces.
Sources: Inmoselo Inmobiliarias, EjePrime, Airbtics
5) Seville's average property price rose by 3% in 2024
The average property price in Seville increased by 3% in 2024.
In October 2024, the average property price in Seville was €2,257 per square meter, showing a steady rise from December 2023. This upward trend is part of a broader pattern, with property prices consistently climbing over the past year.
By May 2024, apartments in Seville were averaging €2,500 per square meter. Although there was a slight dip of 0.3% from the previous year, the last three months saw a 0.2% increase, hinting at a recovery and ongoing growth in the market.
Different areas within Seville, like Casco Antiguo, have higher property prices, which contribute to the overall increase in the city's property values. These regional variations are significant, as they reflect the diverse appeal and demand across the city.
The rental market in Seville also saw a boost, with rental prices rising by 4.70% from December 2023. This increase in rental prices often influences property values, as higher demand for housing can drive up purchase prices.
Overall, these factors combined to create a dynamic property market in Seville, with both sales and rentals showing positive trends. The city's appeal continues to grow, attracting more buyers and investors.
Sources: Indomio, RealAdvisor
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6) By 2025, a household in Seville will pay an average of €150 monthly for utilities
In 2025, the average monthly utility cost for a household in Seville is €150.
Looking back at 2023 and 2024, the average cost for basic utilities in a typical 85m² apartment was around €114.43. These utilities cover essentials like electricity, heating, cooling, water, and garbage collection. While €114.43 was the average, some households saw costs closer to €150, depending on their usage and specific needs.
Seville offers a financial advantage compared to other Spanish cities. For instance, utilities in Seville are about 30% cheaper than in Barcelona. This makes Seville a more attractive and cost-effective option for potential residents, especially those looking to manage their monthly expenses efficiently.
For many, the €150 monthly utility cost in Seville is seen as reasonable, particularly when considering the city's affordability compared to other urban areas. This perception is influenced by the city's overall lower cost of living, which appeals to both locals and newcomers.
Choosing Seville means enjoying a vibrant lifestyle without the hefty price tag associated with larger cities. The city's affordability extends beyond utilities, making it an appealing choice for those seeking a balance between quality of life and cost.
Whether you're considering a move or simply curious about living costs, Seville's utility expenses are a key factor in its appeal. The combination of lower costs and a rich cultural experience makes it a compelling option for many.
Sources: Moving to IO, Numbeo
7) New residential developments in Seville increased by 15% in 2024
In 2024, new residential developments in Seville increased by 15%.
This surge is partly due to the real estate market's strong recovery in the years leading up to 2024. As the market bounced back, it opened doors for various development projects, especially residential ones. This uptick in real estate activity naturally led to more new homes being built.
Seville's ambitious growth plans also played a role. The city projected a potential investment of up to 5,500 million euros, with a significant chunk earmarked for urban transformation. This financial boost likely encouraged developers to embark on new residential projects, aligning with the city's broader urban development goals.
Moreover, Seville's strategic focus on urban transformation has been a catalyst for change. With almost 700 million euros dedicated to urban transformation, the city is reshaping its landscape, making it more attractive for new residential developments. This transformation is not just about building homes but creating vibrant, livable communities.
Investors are keen on Seville, seeing it as a city with potential for growth and profitability. The influx of investment is a testament to the confidence in Seville's future, driving the construction of new residential areas to meet the demand of a growing population.
As Seville continues to evolve, the combination of a recovering real estate market and substantial urban investment is setting the stage for a dynamic housing market. The city's commitment to urban transformation is evident in the rise of new residential projects, reflecting a city on the move.
Sources: Seville City One, MacroTrends
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.