Vitoria’s real estate market recorded attractive numbers in property transactions in 2025, which are projected into 2026

Vitoria real estate market forecasts for 2026 according to experts

How will prices evolve in 2026? We are observing a European trend that is expected to continue and can be applied to the Vitoria real estate market.

The European Central Bank has confirmed that the interest rate will remain at 2% in 2026. Supply is low and demand is high, so prices are expected to continue rising, making this a good time to sell.

Mortgage rates are expected to remain stable, according to the Spanish Savings Bank Foundation (Funcas) via Idealista: “The Euribor is expected to close 2025 at 2.07%, drop to 1.9% in 2026, and rise back to 2% in 2027.”

A maximum fluctuation of two-tenths is expected over the next 26 months, offering stability for those with variable-rate mortgages.

Fitch Ratings agrees: “Far from correcting, the housing deficit will continue to expand, albeit at a slower pace than in previous years.”

Caixabank’s Sectorial Real Estate Report states that the demand recovery “initiated in the second half of 2024” has consolidated with a 19.7% increase compared to the first half of the previous year.

Vitoria benefits from rising housing prices

Numbers point to a positive European outlook, but is now a good time to buy property in Vitoria? Economic experts say yes.

Vitoria is a peaceful city with a high quality of life, reflected in neighborhoods offering excellent services and transportation links.

This results in high-quality homes spread across different neighborhoods and surrounding areas.

Areas in Vitoria with highest real estate growth in 2026

Some areas have higher growth potential, such as Lovaina-Aranzabal, where land prices reached a historic high of €3,815/m², a 22.1% year-on-year increase. Price growth in Zabalgana-Ariznabarra also stands out, at 16.4% over a year.

Idealista reports that in July 2025, housing prices rose 3.8% year-on-year; 2.1% in August during a market slowdown; and 7.5% in September when activity resumed.

92% of Vitoria homes sell within a year. 17% in the first month, 26% within three months, and 33% within 12 months. Only 8% exceed a year, usually due to off-market pricing or unique property characteristics.

FAQs about Vitoria real estate market 2026

Is it a good time to buy or sell property in Vitoria? Probably.

Is it a good time to visit the Land Registry? Likely.

It is best to consult a professional who can answer common questions, such as:

What factors affect the value? Location, condition, etc.

Can I sell if there is a mortgage? Yes.

Can I sell if there are tenants? Yes.

Do I need renovations? Depends on the property condition.

Buying or selling property is often a once-or-twice-in-a-lifetime event that significantly affects one’s future.

With a terrace, balcony, garden, house, or apartment, opportunities in Vitoria’s real estate market are excellent. Contact Engel & Völkers Vitoria to value your property or discover investment opportunities.