Real estate market in Murcia in 2026: affordable budget and strong growth
In 2026, Murcia remains one of the most affordable real estate markets in Spain, while clearly showing signs of moving upmarket.
For a foreign buyer, this means a rare combination:
- square metre prices still lower than on the main Spanish coasts,
- steady value growth,
- and a market that is gaining visibility, but remains less speculative than the classic hotspots.
April 2026: around €1,776/m², a 7.5% increase year-on-year
Around April 2026, the average price in Murcia is around €1,776/m².
Compared with the previous year, this represents an increase of around 7.5% year-on-year, which places Murcia:
- above general inflation,
- in the upper average of Spanish regional growth,
- but still far from the price levels of ultra-tight regions such as the Balearic Islands or Barcelona.
In practical terms, with a budget of €180,000, it is still possible to find:
- a comfortably sized apartment close to the coast (off the first line),
- a small town house to renovate inland,
- or a recent apartment in certain areas of the city of Murcia.
Data from buyer searches on Green-acres, a specialist in second homes, confirm this positioning: property listings in Murcia are generally around one hundred square metres, which fits well with the projects of families looking for a comfortable yet still affordable home.
Other sources: recent peak at €1,904/m² in August 2026
Some databases and property portals report a peak around €1,904/m² in August 2026.
This difference compared with the €1,776/m² in April can be explained by several factors:
- seasonality: demand rises in summer on the Costa Cálida,
- the growing weight of high-end properties (residences with pools, sea views),
- a more limited supply in the most sought-after segments.
For a buyer, this means that the market can experience occasional peaks, especially on the coast, while remaining generally affordable on a national scale. It is therefore strategic to:
- choose your search period carefully,
- move quickly on quality properties,
- and keep a budget margin for negotiation or renovation.
Who is buying in Murcia? A very European market
The profile of the Murcian market can also be seen through the nationality of buyers. According to requests recorded on Green-acres, the French are the leading foreign buyers in Murcia, with around 18% of searches and a median budget of around €209,000 for areas close to 115 m².
They are followed by the Dutch, Germans and Belgians, all with comparable budgets (between €190,000 and €240,000) and median floor areas of between 110 and 120 m². The British remain active, while newer markets such as Switzerland, Poland, the United States and Romania are gradually emerging.
This buyer profile reflects Murcia’s DNA well: a mainly European clientele, often families or retirees, looking for good space/price value and not limited to seafront locations.
Market profiles and key areas in Murcia
In reality, the Murcia market reads like a mosaic of micro-markets, with different dynamics between the coast and inland.
Coastal areas (Costa Cálida): foreign buyers and second homes
The Costa Cálida, which stretches along the Mediterranean and the Mar Menor, is the most visible driver of the market. Here you can find:
- recent developments with pools, gardens and services,
- apartments in tourist residences,
- villas or terraced houses intended as second homes.
The buyer profile is very international:
- European retirees looking for sunshine all year round,
- families wanting a base for holidays,
- rental investors targeting seasonal lets.
In these areas, prices are naturally higher than inland, but remain competitive compared with other Spanish coasts. The main advantages of the Costa Cálida are:
- a mild, sunny climate almost all year round,
- tourist infrastructures under development,
- reasonable access from many European airports.
The budgets observed for foreign demand (often between €180,000 and €250,000 for a property of around one hundred square metres) illustrate this attractiveness: high enough to target recent residences with a pool or open views, but still far from the entry levels on the Costa del Sol or in the Balearic Islands.
For a second home project with rental potential, these areas are often at the top of the list.
Inland Murcia: more opportunities, but renovation to be expected
Inland, the market looks different. Villages and small towns offer:
- village houses at very affordable prices,
- fincas and rural properties with land,
- character properties that sometimes have stayed in the same family for generations.
The flip side of these low prices: renovation is often needed. You need to anticipate:
- compliance work (electricity, plumbing),
- comfort improvements (insulation, windows, heating),
- possibly administrative procedures to regularise certain parts of the building.
Nevertheless, these inland areas can represent an excellent option if you:
- are looking for space, peace and a more rural pace of life,
- are ready to manage a renovation project,
- aim for a total budget (purchase + works) lower than a turnkey property on the coast.
It is also in these areas that you can still find opportunities for a complete change of life: main home, vegetable garden, small-scale tourist activity… provided you are well supported from a legal and technical point of view.
Outlook 2026–2030 and potential returns in Murcia
Beyond the snapshot of prices, many buyers are interested in how the market might evolve over the coming years.
Growth of 4% to 8% per year expected until 2027
Available projections suggest annual growth of around 4% to 8% until 2027 across the Murcia region.
This range depends heavily on location and property type:
- coastal areas and recent, well-located properties tend towards the top of the range,
- rural areas or properties requiring major work are more likely to be at the bottom of the range, or even below, if investment in renovation is not made.
For an investor or buyer thinking about resale in the medium term, this can mean:
- attractive capital appreciation over 5 to 10 years,
- a complement to rental yield (seasonal or annual),
- a market still in a catch-up phase compared with other, more expensive Spanish regions.
The median budgets observed by nationality (between €180,000 and €240,000 for most Europeans) also give an idea of the entry ticket required to hope for an easy resale: well-maintained properties within this price bracket are easier to sell to international buyers.
Moderate risks: a market still under the radar
Murcia remains a relatively discreet market compared with the big stars of Spanish real estate. This “under the radar” position has several advantages but also a few risks that need to be carefully assessed.
Positive points:
- less short-term speculation than on highly publicised markets,
- foreign demand that is increasing but still manageable,
- prices that are rising without becoming disconnected from local incomes.
Risks to keep in mind:
- partial dependence on tourism and foreign buyers in some coastal areas,
- a sometimes slower resale market inland,
- the need to secure every step (planning rules, legal status of the property, condominium regulations, etc.).
By combining the price trends and the profiles of foreign buyers observed on Green-acres, we can see a market that is still reasonable, but increasingly structured around a demanding international clientele: a key point to bear in mind when setting your budget, planning works… and defining your resale horizon.
The key is to approach Murcia with a clear vision:
- What is your time horizon (personal use, resale, inheritance)?
- What level of renovation are you prepared to take on?
- What share of your budget depends on bank financing?
With a well-thought-out strategy and the right support, Murcia can offer an excellent balance between quality of life, affordability and medium-term return potential.
