Imofolio

Galicia · report

People and new homes in Galicia

In 2024 the population grew by 10,926 while 2,341 homes were finished: 4.7 new residents for every new home.

New residents per new home, 2024
4.7
Population change, 2024
+10,926

Population change and homes finished in Galicia

The population's yearly change, net migration plus births minus deaths, against homes certified complete. INE and MIVAU.

Population change

Show the numbers
YearPopulation change
202410,926
20236,960
20226,750
2021-5,230

Homes finished

Show the numbers
YearHomes finished
20242,341
20232,358
20222,509
20212,440

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+12,836−18,066−5,2302,440
2022+27,251−20,501+6,7502,509
2023+25,738−18,778+6,9602,358
2024+30,325−19,399+10,9262,341

Births and deaths are INE's, by place of residence; net migration counts moves to and from abroad and the rest of Spain, and INE publishes it from 2021. Homes finished are completion certificates. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Galicia

Figures for Spain: Galicia has no reliable figures of its own.

At the average appraised value, a 90 m² home costs €149,112. With 10% down and a 30-year mortgage, the payment is €569 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
17%
Payment, one income
34%

62.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
5,965
Per 1,000 residents
2.2

Buyers living abroad bought 1.7% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
1.7%

Appraised values have fallen by 3% or more 2 times since 1995. The deepest began in Q1 2008.

Deepest fall
−25.7%
Recovery from the low
138 months

28.8% of the 1,757,739 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
28.8%
Empty homes
506,351

In 2025, 22% of the homes authorised were in existing buildings: conversions, extensions and changes of use.

Homes in existing buildings, 2025
22%

Public bodies signed €98.6M of housing works here in 2025, and €187.3M since 2017.

Signed in 2025
€98.6M
Per resident, 2025
€36