Overview of the Murcia Housing Market
The Murcia property market in 2025 is showing strong growth, supported by rising demand, international interest, and new infrastructure projects. As one of the most affordable regions in Spain, Murcia continues to attract both domestic buyers and foreign investors looking for value, lifestyle, and long-term potential.
- Average asking price: €1,505/m² (Region of Murcia, July 2025) – up 19.3% year-on-year.
- Murcia City: €1,444/m², still below the national average.
- Rental prices: €9.2/m² – a 7.1% increase year-on-year, marking a record high.
- Foreign demand: Nearly one in four homes purchased by overseas buyers in 2024.
- Regional economy: Murcia’s GDP is forecast to grow 2.5–2.9% in 2025, boosted by tourism, agriculture, and industry.
Why Murcia’s Property Market is Growing
1. Rising Prices, Still Affordable
Property prices in Murcia are increasing quickly, but the region remains far more affordable than Spain’s more saturated coastal markets, such as Alicante or Málaga. With €1,505/m² as the regional average, Murcia offers excellent value for money, making it appealing to first-time buyers, retirees, and investors.
2. Strong Rental Market
Rental prices have reached €9.2/m² – the highest on record for the region. This steady rise reflects increasing demand from students, professionals, and tourists. For investors, rental yields remain attractive compared with other Mediterranean destinations.
3. International Buyers Fuel Growth
Murcia is a favourite among British, Scandinavian, Belgian, and Dutch buyers. In 2024, foreigners accounted for 23.6% of home sales in the region, one of the highest percentages in Spain. Golf resorts, coastal towns such as Los Alcázares, La Manga, and the Mar Menor, and modern apartments in Murcia City remain especially popular.
4. Tourism Boosts the Market
Tourism in Murcia is hitting record levels, with hotel stays and rural tourism outperforming the Spanish average. This drives demand for holiday homes and short-term rentals, especially around the Mar Menor, La Manga strip, and Cartagena. Murcia International Airport (Corvera) is also expanding its international routes, making the region more accessible than ever.
5. Infrastructure and Connectivity Projects
Murcia’s long-term growth is underpinned by major infrastructure upgrades:
- High-Speed Train (AVE) to Cartagena: Improving connectivity with Madrid and the Mediterranean corridor.
- Port of Cartagena expansion: Boosting logistics and industrial activity.
- Murcia International Airport growth: Increasing international flights and passenger traffic.
These projects will strengthen Murcia’s economic base and support sustainable housing demand.
Key Hotspots in the Murcia Property Market
- Murcia City – Affordable urban living, student demand, and growing professional market.
- Cartagena – Benefiting from port expansion, future AVE connection, and strong tourism.
- Mar Menor & La Manga – High demand for waterfront apartments and holiday rentals.
- Golf Resorts (e.g., La Torre, Hacienda Riquelme) – Popular with international buyers seeking lifestyle, amenities, and secure communities.
Tips for Buyers and Sellers in Murcia
- For Buyers: Move quickly on well-located properties. Demand is rising, and the best homes are selling faster. Pre-approved finance and flexibility are key.
- For Sellers: With rising prices and strong interest, presentation matters. Well-staged homes with energy certificates and modern features sell faster, especially to overseas buyers.
- For Investors: With rental prices at a record high and tourism performing strongly, both long-term rentals and licensed holiday lets can provide solid yields.
Outlook for 2025–2026
The Murcia housing market outlook remains positive. Prices and rents are expected to continue rising moderately, driven by strong tourism, foreign demand, and infrastructure improvements. With affordability still a major advantage compared to neighbouring regions, Murcia is becoming one of Spain’s most attractive destinations for property buyers and investors.
In short: The Murcia property market is evolving into a balanced mix of affordability, lifestyle, and investment potential – making 2025 an excellent time to buy property in Murcia.
If you want to find out more about why you should buy in the Murcia region, please get in touch with us at hello@micasamo.com.
