The most surprising thing in this Spain housing snapshot isn’t just how expensive the market is — it’s how old the income data is compared with today’s asking prices. You’re looking at May 2026 listings against the latest official income anchor from 2023, which means affordability is being judged with a built-in time lag.
At the top of the apartment market, Calvià leads at €725,097, followed closely by Ibiza at €705,566 and Sitges at €646,972. Other high-end markets aren’t far behind either: Benahavís sits at €620,116, Marbella at €615,234, and San Sebastián at €593,260. These are not niche outliers; they’re the headline markets in a broad premium tier.
On the income side, the 2023 INE Atlas data shows mean household income ranging from €30,717 in Calpe / Calp to €52,067 in San Sebastián - Donostia, with Madrid at €49,916 and Ibiza at €50,627. That gap matters because it makes affordability conversations more about timing and methodology than simple price-to-income comparisons.
The takeaway: current listings move fast, official income stats do not. If you compare them side by side, the right question isn’t “Is this perfectly precise?” but “What does this tell us about pressure on buyers right now?”
Read the full analysis with interactive charts and district-level data on Realty Pulse
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