Almería: The Hidden Gem of Spanish Real Estate – A Statistical Deep Dive (Sept 2024–Aug 2025)

As the Spanish property market continues to attract global attention, discerning buyers are looking beyond traditional hotspots. We analyzed recent real estate statistics from the Notary Statistical Portal for the 12-month period spanning September 2024 through August 2025, focusing on Almería province while comparing it to neighboring provinces like Málaga, Murcia, and Alacant/Alicante. The data reveals that Almería offers a compelling mix of affordability and solid price growth.

The Value Proposition: Almería’s Price Advantage

When comparing key real estate indicators across these four provinces, Almería consistently offered one of the most accessible entry points to the Spanish housing market during the reporting period.

Price per Square Meter Comparison

Almería boasts significantly lower average prices per square meter compared to its regional competitors:

• Almería: 1,205 €/m².

• Murcia: 1,159 €/m².

• Alacant/Alicante: 1,815 €/m².

• Málaga: 2,767 €/m².

The average price in Almería (1,205 €/m²) is less than half the average seen in Málaga (2,767 €/m²). Furthermore, Almería's median surface area for properties purchased was 104 m², matching Alacant/Alicante, while properties in Málaga and Murcia were slightly larger (122 m² and 111 m², respectively).

Average Transaction Value

This affordability advantage extends to the total cost of purchase. The average monetary amount of a property transaction (Importe medio) in Almería stood at 124,863 €.

• Almería: 124,863 €.

• Murcia: 128,558 €.

• Alacant/Alicante: 188,524 €.

• Málaga: 336,664 €.

An average purchase in Almería was approximately three times less expensive than an average purchase in Málaga.

Market Activity and Price Evolution

While Almería offers value, it is also experiencing robust growth, indicating a healthy, appreciating market:

Transaction Volume (Compraventas)

The province registered a total of 17,035 sales (transactions) between September 2024 and August 2025. While this volume is lower than the 55,497 sales in Alacant/Alicante, 36,023 in Málaga, and 28,074 in Murcia, the data shows fluctuating monthly activity. For instance, June 2025 saw a high number of transactions (1,995) in Almería, contrasted with August 2025, which registered 710 sales.

Price Variation: Steady Growth

In terms of price appreciation, Almería showed significant upward movement, reporting a variation of +7.33%. This growth rate is strong, although slightly below the +8.69% seen in Alacant/Alicante and the substantial +13% reported in Málaga. 

It is, however, higher than the +4.76% experienced in Murcia. Looking year-over-year historically, Almería’s 2024 price variation was 7.33%, following previous high growth years such as 2019 (10.58%) and 2022 (6.04%).

A Deeper Look at Almería Buyers

Understanding who is buying property in Almería provides crucial insight into the market's stability and appeal:

Buyer Profile and Age

The median age of property purchasers in Almería, based on 2024 data, was 51 years. The distribution shows that the largest segments of buyers fall into the mid-to-older age brackets:

• 41 to 50 years: 26.13%.

• 51 to 60 years: 22.7%.

The vast majority of purchases (83.12%) are made by physical persons, with legal entities accounting for 16.88%.

Property Type and Condition

For buyers interested in Almería, it is important to note that the market is heavily dominated by second-hand properties, which account for 87.41% of sales, with new housing representing 12.59%. 

In terms of dwelling type, apartments (Pisos) constitute 72.89% of sales, while houses (Casas) make up 27.11%.

The International Appeal

One of Almería’s defining characteristics is its significant international buyer base. Foreign buyers accounted for 28.47% of transactions, meaning nearly three out of every ten properties sold went to non-national residents. 

This ratio is notably high when contrasted with the overall buyer mix in Murcia (29.63%), but is lower than the 43.66% seen in Málaga and the 52.57% recorded in Alacant/Alicante.

The primary nationalities driving this foreign investment in Almería include:

1. Morocco (Marruecos): 25.53%

2. United Kingdom (Reino Unido): 22.06%

3. Romania (Rumanía): 7.92%

4. Belgium (Bélgica): 5.61%

5. Germany (Alemania): 4.01%

In comparison, the top foreign buyers in Málaga were the UK (14.81%) and the Netherlands (Países Bajos) (10.99%), while in Murcia, the top nationalities were the UK (21.82%) and Morocco (18.05%).

Conclusion:

Almería presents a highly competitive option for property investment in Spain. It offers some of the lowest average prices and average transaction costs among the compared provinces. Coupled with robust annual price appreciation (+7.33%) and a strong, diverse base of international buyers (28.47% foreign participation), Almería stands out as an attractive market for those seeking high value and steady growth in the Spanish real estate sector.

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