In southern Spain, housing prices have soared by 73% since 2020.
In southern Spain, in popular tourist cities, housing prices have risen by an average of 73% since 2020, leveling the cost in tourist and ordinary areas.
According to the Idealista portal, in the south of Spain, in cities popular with tourists (Granadilla de Abona, Adeje, San Miguel and Arona), housing prices have jumped by an average of 73% since 2020.
It turns out that prices in tourist areas, where there are always many people willing to buy housing, and in ordinary residential areas are gradually equalizing.
That is, housing is becoming more expensive not only in the center, but also on the outskirts. The price difference between popular areas and those where housing used to be cheaper is getting smaller.
For example, in Adeje, which is popular among tourists, the price per square meter increased from 2,504 euros in October 2020 to 4,485 euros in July 2025. This is the largest increase among all the cities we analyzed – as much as 79.1%!
The most expensive area remains Costa Adeje, where a square meter costs 5,041 euros. But the price increased the most over the year in the Tihoco-La Quinta-Caucho area – by 17.1%. Overall, prices in Adeje rose by 13.1% in June 2025, and between June and July – by only 1.2%. It seems that the rise in price is slowing down a bit.
In neighboring Arona, prices rose from €2,242/m² in September 2020 to €3,675/m² in July 2025, an increase of 63.9%. The most expensive area here is Playa de las Americas, where a square meter costs 5,873 euros.
But now people are increasingly interested in developing areas. For example, in El Fraile, prices have risen by 28.2% in the last year, and in Cho Guaza (+23.6%) and Chayofa (+15%) as well.
Overall, prices in Arona rose by 11.7% in a year. This is a lot, but not as fast as before.
In Granadilla de Abona, the price per square meter increased from 1,588 euros in September 2020 to 2,789 euros in July 2025, an increase of 75.6%. The most expensive areas are El Médano (€3,824/m²) and Los Abrigos (€3,580/m²), because they are by the sea. But the most prices increased in Granadilla itself – by 26.4%, as well as in San Isidro (+23.2%) over the year. These areas are considered residential, because people who work in this region live there.
Overall, prices in Granadilla de Abona rose by 22% in a year. This is the largest increase among all the cities we compared in 2025.
Prices are also rising in San Miguel de Abona. In five years, they increased by 68% – from €1,766/m² in October 2020 to €2,969/m² in July 2025. Although housing here is cheaper than in Adeje and Arona, prices are steadily rising. Over the year, they increased by 14.9%, and in the last month alone – by 2.8%.
The most expensive area here is Golf del Sur-Amarilla Golf, where a square meter costs 3,320 euros. In second place is Las Chafiras (€2,745/m²).
The most prices increased in Las Chafiras (+17.6%) and Golf del Sur-Amarilla Golf (+15.3%) over the year, and in San Miguel itself – by 7.6%.
It turns out that, in general, housing in the south of Spain is becoming more expensive. In popular tourist areas, such as Costa Adeje or Playa de las Americas, prices are very high. And in ordinary residential areas, such as El Fraile, San Isidro or Tihoco-La Quinta, prices are rising faster, although housing is still cheaper there.
Due to the fact that many foreigners want to buy housing here for recreation, and due to the fact that there is not enough housing, prices are rising even in remote areas, where it was previously possible to buy housing at an affordable price.