Published November 1, 2025 | Category: Market Insights
TL;DR: Property prices in Almeria are up by double digits, with Vera leading Andalusia’s housing boom at +72.9%. As infrastructure and expat demand expand, 2025 marks a turning point for investors in the province.
Property Market in Almeria 2025: Record Growth in Vera and New Investment Momentum
The Almeria property market has entered a new growth phase in 2025, posting some of the strongest price increases in all of Andalusia. According to the Fotocasa Real Estate Index, housing prices in the province rose by 14.3% year-on-year, placing Almeria second only to Granada in regional growth.
Leading the surge is the coastal municipality of Vera, which recorded an extraordinary 72.9% increase in second-hand home values — the highest in Andalusia. It’s a sign of how this once-quiet coastal town is now at the heart of one of Spain’s most active real-estate zones.
As detailed in latest market report of Visiting Almeria, Vera’s rise is driven by renewed international demand, limited housing supply, and new infrastructure projects that improve connectivity across the province.
Almeria property market: What’s Behind the Boom?
Three key factors explain Almeria’s rapid appreciation in 2025:
- Expat and international demand: Foreign buyers now account for over one-fifth of all property transactions in the province. Demand from the UK, Belgium, Germany, and Scandinavia continues to strengthen, fuelled by Almeria’s year-round sunshine and low cost of living.
- Infrastructure improvements: Major public works — including the AVE high-speed rail connection between Murcia and Almeria and new UK flight routes at Almeria Airport — are transforming accessibility and boosting investor confidence.
- Limited new housing stock: Despite rising demand, new construction remains modest, creating upward pressure on prices for both resale and off-plan developments.
Vera, Cuevas del Almanzora and Mojácar in the Spotlight
The northern coastal corridor — Vera, Cuevas del Almanzora, and Mojácar — has become the engine of Almeria’s real-estate expansion. Vera Playa in particular has seen strong foreign investment in residential complexes and eco-resorts, while nearby Cuevas benefits from large plots and lower entry prices.
New-build apartments in Vera Playa now range from €180,000 to €350,000, still well below similar developments in Málaga or Alicante. Inland, restored cortijos in towns such as Arboleas, Albox and Lubrín remain popular among European retirees looking for rural charm and affordability.
Rental Yields and Lifestyle Investment
Despite sharp capital growth, Almeria continues to deliver strong rental returns. Average yields remain above 7%, and short-term holiday rentals in Adra, Garrucha and Mojácar can exceed 10%. Combined with low property taxes and stable running costs, this keeps the province firmly on investors’ radar.
For lifestyle buyers, the appeal goes beyond economics. Almeria offers a slower pace of life, clean air, and access to pristine beaches and national parks — with one of Europe’s lowest population densities. For many digital nomads and semi-retirees, it represents the “next Marbella,” but without the crowds or overpricing.
Outlook for 2026
Looking forward, experts expect the Almeria property market to continue growing by 7–9% annually through 2026. Infrastructure projects and sustainability incentives from the Junta de Andalucía will further stimulate the construction sector while keeping long-term fundamentals solid.
With strong demand, low saturation, and expanding air and rail links, Almeria is emerging as one of Spain’s most balanced property markets — affordable yet profitable, scenic yet stable.
Rising star
2025 confirms what many investors already suspected: Almeria is no longer a “hidden gem,” but a rising star. With Vera’s record-breaking performance and province-wide growth driven by real end-user demand, the region now offers a unique window for long-term buyers and developers alike.
For an in-depth look at the data behind this trend, visit Visiting Almeria’s full market analysis and stay tuned for our 2026 property outlook on AlmeriaHousing.com.
