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🇪🇸Spain · Price tier
Homes in Spain under $1M
$1 million in Spain is luxury territory outside Madrid Salamanca and Barcelona Eixample. Detached villas with pools on the Costa del Sol, restored Sevillian palacetes, four-bed Valencia penthouses with terraces, and Mallorca inland fincas all fit. Madrid gives you a four-bed in Chamberí or Retiro; Barcelona a three-bed in Eixample with a balcony. Ibiza and Formentera still require $2M+ for anything coastal. Spanish capital gains tax is 19-26% and ITP transfer tax runs 6-10% depending on region — factor $60-100K in total transaction costs.
Listings
8,703
Median price
$402K
Cities covered
322
Avg size
695 m²
Visa & residency
Digital Nomad Visa — requires remote work for a non-Spanish company (3+ months tenure), min ~€2,850/mo income, and a degree or 3 years experience. Valid 1 year, up to 3 years. Special 24% flat tax rate. Non-Lucrative Visa suits retirees and those with passive income (€28,800/yr, no work allowed).
Read the full Spain guide →60 listings under $1M
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