Beyond the political ups and downs, corruption, unemployment, the war in Ukraine, or the (increasingly) convulsive scenario of international geopolitics, from time to time The CIS reminds us that there is a much more everyday problem that keeps us Spaniards up at night: access to housing.
At the end of 2025 39.9% of those surveyed by the organization pointed out housing as “the main problem” facing the country. And it is normal if you take into account the mismatch between supply and demand, the pressure that carries out tourist rentals and (above all) the sharp rise in prices of recent years.
Every time we talk about the residential market, however, the same question arises: beyond the exact cost of the square meter (m2), calculated by the General Council of Notaries, the executive or portals like IdealisticHow “unaffordable” is accommodation in Spain? What economic effort does it require from families? Is it more or less than what other European households must assume?
Getting perspective
Type of housing (in m2) available spending 40% of monthly income.
ESPON, the program who is dedicated to studying cohesion of the EU, has published a series of maps that help answer these questions in a quick, direct and, above all, visual way. To prepare them, two parameters have been basically set: the prices of the real estate market for sales and rentals and the income data published by Eurostat. Everything divided by regions.
By crossing them the organism has been able to carry out two calculations. The first is to estimate what type of housing (in m2) a person who allocates 40% of their income to this purpose can rent in each EU region. The second is what percentage of their rent that same tenant should dedicate if they wanted a 100 m2 house.
Percentage of monthly income necessary to rent a 100 m2 home.
ESPON does not stop there. He has also transferred those same questions to the buying and selling market residential. That is, what type of housing could a person willing to invest 40% of their annual income for an entire decade afford? And how many years would you have to endure that same budgetary effort if you wanted to buy a 100 m2 apartment?
In both cases the maps are similar and they leave behind a series of conclusions, such as the profound differences that exist within the same country.
“Regions containing and surrounding capital cities such as Paris, Berlin, Lisbon and Madrid tend to be less affordable compared to the rest of the nation. Additionally, coastal regions tend to be less affordable, which is also clearly seen in the Netherlands and Germany, Portugal, Spain and France.”
Available housing (m2) investing 40% of the income for 10 years.
Years necessary to buy a 100 m2 home investing 40% of the income.
For example, while a Madrid resident willing to invest 40% of his annual income in housing would need between 20 and 25 years To pay for a 100 m2 house, a resident of the province of Teruel would need at most ten years of effort. In Barcelona it would need around 20-25 years while on the other side of the peninsula, in Pontevedra, between 15 and 20 years would be enough.
The worst part in Spain is Malaga, the Balearic Islands and the Canary Islands, where ESPON calculates that on average a buyer would need to invest 40% of their annual income for more than three and a half decades. A very similar effort would have to be endured by the inhabitants of the Algarve, Setúbal, part of the Paris area, Monaco, Corsica or different points spread across Eastern Europe, where ESPON itself recognizes that “quite unaffordable” areas are concentrated.
If we talk about the rental market, the panorama It’s not very different. A Madrid resident who would like to rent a 100 m2 apartment would need to dedicate (on average) between 80 and 90% of their income to it. The situation is worse in coastal points, such as Barcelona, Huelva, Malaga and Eastern European regions. In the provinces of Zamora or Huesca they would be enough between 30 and 40%which is closer to the debt ceiling level than recommend assuming the experts.
Images | Quique Olivar (Unsplash) and ESPON
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