Imofolio

Ingenio · report

Past price cycles in Ingenio

Appraised values have fallen by 3% or more 3 times since 2012. The deepest began in Q4 2012.

Deepest fall
−25.3%
Recovery from the low
60 months

Prices in Ingenio and in Spain, indexed

Appraised values, both set to 100 in Q4 2012.

  • Ingenio
  • Spain
  • 100 = Q4 2012
Show the numbers
PeriodIngenioSpain
Q2 2026135.9153.8
Q1 2026137.1151.2
Q4 2025136.9145.6
Q3 2025127.2140.6
Q2 2025123.7136.7
Q1 2025125.3132.8
Q4 2024117.8128.8
Q3 2024118.4125.5
Q2 2024114.8123.8
Q1 2024111.8121.9
Q4 2023110.8120.3
Q3 2023114.4118.4
Q2 2023106.4117.1
Q1 2023106.2116.8
Q4 2022103.5114.2
Q3 2022104.3113.6
Q2 202299.9113.7
Q1 2022104.8113.2
Q4 2021102.7110.6
Q3 202195.6108.5
Q2 202198.5107.7
Q1 202191.7106.2
Q4 202095.5105.9
Q3 202098.4105.8
Q2 202094.9105.2
Q1 202091.9107.1
Q4 201995.5107.9
Q3 201988.6107.0
Q2 201993.3106.9
Q1 201989.8106.9
Q4 201885.7105.7
Q3 201888.0103.8
Q2 201885.5103.7
Q1 201888.7102.3
Q4 201783.8101.8
Q3 201777.9100.6
Q2 201779.799.9
Q1 201781.399.6
Q4 201674.798.7
Q3 201678.597.9
Q2 201676.898.4
Q1 201678.497.5
Q4 201578.997.3
Q3 201578.896.4
Q2 201576.796.4
Q1 201575.795.2
Q4 201483.195.6
Q3 201481.995.1
Q2 201482.095.3
Q1 201485.895.3
Q4 201388.195.8
Q3 201391.097.7
Q2 201389.098.1
Q1 201388.999.0
Q4 2012100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
Q4 2012Q4 2016−25.3%4860
Q1 2022Q2 2022−4.7%39
Q3 2023Q4 2023−3.2%36

Spain against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Spain
  • EU
  • 2015 = 100
Show the numbers
PeriodSpainEU
Q2 2026200.6168.6
Q1 2026194.1166.5
Q4 2025187.5164.6
Q3 2025184.1163.5
Q2 2025178.9161.0
Q1 2025172.0158.5
Q4 2024166.1156.2
Q3 2024163.1155.1
Q2 2024158.6152.7
Q1 2024153.2149.8
Q4 2023149.1148.9
Q3 2023150.7149.1
Q2 2023147.0148.2
Q1 2023144.0147.6
Q4 2022143.0148.7
Q3 2022144.2150.9
Q2 2022141.7149.6
Q1 2022139.1146.2
Q4 2021135.6143.2
Q3 2021133.9140.2
Q2 2021131.2136.0
Q1 2021128.1132.1
Q4 2020127.6129.8
Q3 2020128.6128.1
Q2 2020127.0126.3
Q1 2020126.9124.4
Q4 2019125.4122.7
Q3 2019126.3121.5
Q2 2019124.3119.8
Q1 2019122.9117.6
Q4 2018121.0116.8
Q3 2018120.5115.9
Q2 2018117.9114.2
Q1 2018115.0112.3
Q4 2017113.4111.2
Q3 2017112.4110.4
Q2 2017110.4108.8
Q1 2017108.2106.9
Q4 2016105.8106.1
Q3 2016105.4105.4
Q2 2016104.6103.8
Q1 2016102.7102.0
Q4 2015101.3101.1
Q3 2015101.3100.8
Q2 2015100.799.8
Q1 201596.798.3

Appraised values go back to 1995 for Spain, its regions and provinces, and to 2005 for municipalities over 25,000 inhabitants. They are quarterly, so falls are dated by quarter. A fall counts once values drop 3% below a peak, and ends when they are back at it.

Other reports for Ingenio

At the average appraised value, a 90 m² home costs €127,773. With 10% down and a 30-year mortgage, the payment is €487 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
15%
Payment, one income
30%

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
€507
Owning per month
€452

Figures for Las Palmas province: Ingenio has no reliable figures of its own.

75.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
3,244

Figures for Las Palmas province: Ingenio has no reliable figures of its own.

Buyers living abroad bought 13.5% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
13.5%

16.7% of the 13,881 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.7%
Empty homes
2,313