What’s surprising here isn’t that Spanish apartment prices are high — it’s that in Valencia and Palma, bigger apartments are actually cheaper per square meter. That flips the usual housing-market logic on its head and creates a real opportunity for buyers who can think beyond the sticker price.
The numbers are pretty striking. In Valencia, smaller apartments in the 40–70 m² range sit at a median of €2,948/m², while larger homes in the 100–150 m² band drop to €2,021/m². In Palma, the pattern is similar: €6,142/m² for smaller units versus €5,039/m² for larger ones. In both cities, stretching for more space can mean paying less for each square meter.
For buyers and investors, that kind of pricing anomaly matters. It suggests the market isn’t just rewarding scarcity — in these cities, larger units may be undervalued on a per-square-meter basis, especially compared with the premium often attached to compact apartments.
Read the full analysis with interactive charts and district-level data on Realty Pulse
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