Bilbao, Spain
Property prices · 2025 · Europe · Price +4% vs 2024
Property price trend in Bilbao (2024–2026)
Property comparison — cities in Spain (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Bilbao |
|---|---|---|---|---|
| Bilbao | EUR 3,952 | EUR 2,600 | EUR 1,040 | — |
| Barcelona | EUR 6,448 | EUR 4,160 | EUR 1,560 | +63.2% |
| Madrid | EUR 5,720 | EUR 3,536 | EUR 1,352 | +44.7% |
| Malaga | EUR 3,640 | EUR 2,392 | EUR 988 | -7.9% |
| Valencia | EUR 3,328 | EUR 2,184 | EUR 936 | -15.8% |
| Seville | EUR 2,912 | EUR 1,872 | EUR 832 | -26.3% |
Other Europe cities (2025)
Frequently asked questions
How much does property cost in Bilbao in 2025?
In Bilbao, the average price per sqm in the city centre is EUR 3,952, and EUR 2,600 outside the centre (2025 data). Prices have risen 7.5% since 2024.
How much is rent in Bilbao in 2025?
A 1-bedroom apartment in Bilbao rents for approximately EUR 1,040 per month in 2025. A 3-bedroom apartment costs around EUR 1,664/month.
Is it better to buy or rent in Bilbao?
Buying and renting are roughly comparable in Bilbao. The price-to-rent ratio is 18.0x — it would take approximately 18.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 3.90%.
What are mortgage rates in Spain in 2025?
The average mortgage rate in Spain is approximately 3.90% as of 2025. With a price-to-rent ratio of 18.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Bilbao changed?
Property prices in Bilbao have changed +4% vs 2024. Since 2024, prices have increased by 7.5%. Use the year tabs above to compare prices across years.
What is the price per sqm in Bilbao?
The average property price per square metre in Bilbao city centre is EUR 3,952 in 2025. Outside the centre, expect to pay around EUR 2,600/sqm.