Ferrol · report
Empty homes in Ferrol
26.3% of the 42,672 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 26.3%
- Empty homes
- 11,230
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| Ferrol | 26.3% |
| A Coruña province | 23.8% |
| Galicia | 28.8% |
| Spain | 14.4% |
The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.
Other reports for Ferrol
At the average appraised value, a 90 m² home costs €109,125. With 10% down and a 30-year mortgage, the payment is €416 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 13%
- Payment, one income
- 25%
Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.
- Rent per month
- €524
- Owning per month
- €386
Figures for A Coruña province: Ferrol has no reliable figures of its own.
66.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 2,671
Figures for A Coruña province: Ferrol has no reliable figures of its own.
Buyers living abroad bought 1.5% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 1.5%
Appraised values have fallen by 3% or more 4 times since 2005. The deepest began in Q4 2008.
- Deepest fall
- −50.3%
- Recovery from the low
- Not yet