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País Vasco · report

Renovation in País Vasco

In 2025, 15% of the homes authorised were in existing buildings: conversions, extensions and changes of use.

Homes in existing buildings, 2025
15%

Homes authorised in País Vasco: new buildings and existing ones

Dwellings in approved works plans each year: in new buildings, and by extending or refurbishing existing ones. MIVAU, by autonomous community.

  • Existing buildings
  • New buildings
Show the numbers
YearNew buildingsExisting buildingsTotal
20254,1727144,886
20245,3228426,164
20235,3767976,173
20226,5079347,441
20217,5441,0318,575
20205,4039626,365
20195,7797536,532
20186,2225316,753
20175,1726035,775
20164,0837224,805
20154,7138715,584
20143,2407453,985
20133,1787853,963
20123,6137994,412
20116,0378976,934
20106,9398557,794
20097,3949688,362
200810,0101,13611,146
200715,8971,33717,234
200615,3041,23616,540
200515,5831,42517,008
200416,8331,37218,205
200317,1661,60818,774
200214,1541,51215,666
200114,0462,33016,376
200014,9211,80916,730
199915,49952316,022
199813,00078513,785
199711,19896712,165
199610,52963211,161
199510,37656210,938
19947,6441,1458,789
19937,1696047,773
19928,6177049,321

These are approvals, not finished works, and they count dwellings only: renovation that creates or reshapes no dwelling is not in them. MIVAU splits them by autonomous community, not by province.

Other reports for País Vasco

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

At the average appraised value, a 90 m² home costs €279,207. With 10% down and a 30-year mortgage, the payment is €1,065 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
32%
Payment, one income
64%

29.1% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
3,963
Per 1,000 residents
1.8

Buyers living abroad bought 0.7% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
0.7%

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

Deepest fall
−22.9%
Recovery from the low
90 months

In 2024 the population grew by 14,743 while 4,293 homes were finished: 3.4 new residents for every new home.

New residents per new home, 2024
3.4
Population change, 2024
+14,743

6.5% of the 1,075,076 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
6.5%
Empty homes
69,692

Public bodies signed €148.6M of housing works here in 2025, and €259.5M since 2017.

Signed in 2025
€148.6M
Per resident, 2025
€66