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The figures side by side

MeasureLugo province
Price per m²—
Change in a year—
Change in five years—
Affordability
Payment, two incomes13%
Payment, one income25%
New homes
Licensed, 12 months707
Per 1,000 residents2.2
Foreign buyers
Bought by buyers abroad, 12 months1.1%
Past cycles
Deepest fall−29.5%
Recovery from the low138 months
People and new homes
New residents per new home, 20245.5
Population change, 2024+1,085
Empty homes
Empty, 2021 census37.3%
Empty homes100,487
Public housing works
Signed in 2025€24.8M
Per resident, 2025€76

Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.

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Affordability

  • Lugo province

    At the average appraised value, a 90 m² home costs €105,606. With 10% down and a 30-year mortgage, the payment is €403 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

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New homes

  • Lugo province

    73.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

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Foreign buyers

  • Lugo province

    Buyers living abroad bought 1.1% of the homes sold here in the four quarters to Q2 2026.

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Past cycles

  • Lugo province

    Appraised values have fallen by 3% or more 5 times since 1995. The deepest began in Q1 2008.

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People and new homes

  • Lugo province

    In 2024 the population grew by 1,085 while 197 homes were finished: 5.5 new residents for every new home.

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Empty homes

  • Lugo province

    37.3% of the 269,067 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

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Public housing works

  • Lugo province

    Public bodies signed €24.8M of housing works here in 2025, and €24.8M since 2017.

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