Published September 1, 2025 | Category: Real Estate
TL;DR: Almería property prices rose 11.8% year-on-year to €1,527/m². Despite the increase, the province remains one of Andalusia’s most affordable housing markets, offering strong opportunities for buyers and investors.
Almería property prices rise while affordability remains
Market Overview
According to the latest figures from Fotocasa, property prices in Almería increased by 11.8% compared to August 2024, reaching an average of €1,527 per square metre. While this represents one of the sharpest increases in Andalusia, Almería remains an attractive destination for homebuyers thanks to its affordability compared to coastal provinces such as Málaga or Cádiz.
Comparison with Andalusia
Almería is now the second cheapest province in Andalusia to purchase a resale property. In contrast, average prices in Málaga surpass €3,000 per m², while Cádiz and Seville also record significantly higher levels. This affordability positions Almería as a strategic entry point for buyers seeking coastal living at lower costs.
For investors, this trend highlights a market that is growing but has not yet reached its peak. With steady demand from both domestic and international buyers, Almería property prices are expected to continue rising moderately over the coming years.
Who is buying?
The buyer profile in Almería is diverse. Spanish families looking for affordable housing remain a strong segment, particularly in inland towns where prices are even lower than the provincial average. International buyers—especially from the UK, Germany, and Northern Europe—are increasingly targeting coastal municipalities such as Vera Playa, Mojácar, and Roquetas de Mar, where lifestyle and climate remain major draws.
These buyers often see Almería as a long-term investment, attracted not only by property values but also by the relatively low cost of living compared to other Mediterranean regions.
Future Outlook
While an 11.8% annual increase may raise concerns about sustainability, the overall market fundamentals remain solid. Supply levels are stable, new-build developments are moderate, and demand is consistent among both locals and foreigners. Analysts suggest that Almería will continue to benefit from its affordability advantage, attracting buyers who are priced out of other Andalusian markets.
Areas with the strongest growth potential include the Levante coast, around Mojácar and Garrucha, and urban Almería city, where infrastructure improvements and cultural investment projects are ongoing. Inland villages also present opportunities for those seeking larger plots or traditional properties at competitive prices.
Conclusion
The rise in Almería property prices confirms that the province is gaining visibility on the Spanish real estate map. Despite the increase, Almería remains one of Andalusia’s most affordable and accessible housing markets, appealing to both lifestyle buyers and investors.
Ready to explore opportunities? Contact Almería Housing today and take the first step towards your dream home.