Real Estate Market in Granada: New Heights
In September 2025, housing prices in Granada reached a historic high. According to analysts, the average price per square meter was €2,476. This is 0.8% higher than the previous month and almost 10% up compared to September last year. There has been a steady upward trend throughout the year, confirming strong demand for housing in this Andalusian city.
Comparison with National Figures
Despite reaching record levels, Granada still lags slightly behind the national average, where in September 2025 the price per square meter stood at €2,517. However, price growth in Granada has been more moderate: over the year, prices rose by 9.7%, while nationally the increase was 15.3%. This indicates some stabilization of the local market amid continued price pressures in other cities.
The Most Expensive and Affordable Neighborhoods in the City
Within Granada, price variation by district remains significant. The most expensive neighborhood is Figares – San Antón, where the price per square meter reached €2,987, up 17.9% year-on-year. Next are Realejo with €2,929 and Centro with €2,820. These districts have shown stable growth, and demand for real estate remains high.
At the same time, the most affordable area in terms of price was Polígono Cartuja – Barriada La Paz, where the cost per square meter is €1,128. This area saw an annual increase of 14.9%. The neighborhoods of La Chana and Ctra. Sierra – Acceso Nuevo Alhambra also remain among the most budget-friendly, but it is La Chana that recorded the most significant price rise — more than 21% over the year.
Price trends by district: where prices are rising fastest
Particular attention should be paid to the San Francisco Javier district, which recorded a record annual increase of 42.2%. Meanwhile, the only district where prices have fallen is Barrio de los Periodistas, where the price per square meter dropped by 10.9%.
La Chana and Zaidín also stand out: both areas saw price increases of over 20%. This reflects growing buyer interest in these locations as more affordable options amid rising prices overall.
General trends and outlook
Overall, Granada’s real estate market is showing steady price growth, although not as fast as the national average. Differences between neighborhoods are becoming increasingly apparent, reflecting changing demand and buyer preferences. Experts note that the situation is unlikely to change in the coming months: demand for housing in Granada remains high, while supply is limited.
