How much more it costs to build in Spain than it did in 2021, taken from the European statistics office. In June 2026 the index stood +23.6% above the 2021 average, and +2.8% above the same month a year earlier.
This series measures what it costs to build a NEW home, not what it costs to renovate one. Spain publishes no renovation price index, not at the INE and not anywhere else I could find, so this is the closest public series there is. What new build and renovation do share is materials and trade hours, so the line tells you which way the ground under the prices has moved. It does not tell you the price of your job.
Latest published period: June 2026. Base 2021 = 100.
Put in an amount you were quoted or read somewhere, say which year it was from, and see what the same work would sit at now if it had moved with the index.
€30,000 from 2019, in 2026 money:
€39,817
+32.7% on the index between those two years
| Year | Index | Change on the year |
|---|---|---|
| 2019 | 92.9 | – |
| 2020 | 92.2 | -0.8% |
| 2021 | 100.0 | +8.5% |
| 2022 | 112.3 | +12.3% |
| 2023 | 115.0 | +2.4% |
| 2024 | 116.4 | +1.2% |
| 2025 | 118.9 | +2.1% |
| 2026 | 123.3 | +3.7% |
The third column is the step between two neighbouring annual averages; it is not published as a figure in its own right. There is nothing for 2019, where the series starts here. Eurostat publishes one value a month; the annual average is mine, the monthly values are left exactly as published.
An index is not a price for your job. It measures an average movement across many building sites, across the whole of Spain and in new housing; your province, your building and the firm working on your house may have moved differently. A converted amount is there to prepare a conversation, not to fix a price.
An index moves the ground under the prices; it does not price your job. For that, What the work costs per square metre in Spain has the ranges published for actual work, with the calculator underneath.
Data: Eurostat, Construction cost (or producer prices), new residential buildings, dataset sts_copi_m, geo ES. Terms of use: Eurostat, hergebruik toegestaan met bronvermelding. Open the series at Eurostat. There is also the same page in Spanish, with the full commentary.
No, and it is worth saying plainly. It measures what it costs to build a new home. Spain does not publish an index for renovation prices. Use it for direction, and use the cost page for the ranges Spanish sources publish per square metre of actual renovation work.
Because the INE does not publish a construction cost index. The closest it has are separate material and labour indices, and in August 2026 those still ran only to December 2025. Eurostat publishes a monthly figure for Spain in one consistent series, so that is what this page uses.
The Eurostat series is a producer price index for construction, so it tracks what builders charge before the tax you pay on top. Which Spanish VAT rate lands on your invoice is a separate question, and the page on IVA sets out what the law says with the article next to each line.