The real estate market in Asturias has undergone significant changes in recent years, prompting many buyers to wonder whether now is the right time to invest in a property in the region. In this article, we analyze the key real estate trends in Asturias in 2025 and help you decide whether it’s the ideal moment to buy.
1. Rising Demand for Second Homes
One of the most notable trends in Asturias is the increase in demand for second homes, particularly in coastal areas like Llanes and Ribadesella. This is driven by the region’s natural beauty, peaceful environment, and growing interest from people looking to escape the hustle and bustle of big cities. Rural areas near the Picos de Europa are also attracting buyers seeking a relaxed lifestyle closer to nature.
2. Stable but Increasing Prices
While housing prices in Asturias remain lower than in other parts of Spain, they have been gradually increasing in recent years. Cities like Oviedo and Gijón have seen moderate price growth due to high demand from both residents and investors. However, the market remains more affordable compared to other regions, making it a great opportunity to invest before prices rise further.
3. Growth in Foreign Investment
Asturias is becoming increasingly popular among foreign buyers, especially Europeans looking for a second home. Coastal and rural areas are particularly attractive to investors seeking sea views and a peaceful northern Spanish lifestyle. Additionally, the region’s thriving tourism industry has boosted investment in short-term rental properties.
4. Vacation Rental Opportunities
Asturias’ growing tourism sector, which attracts more visitors each year thanks to its nature and culture, has driven demand for vacation rentals. Investing in properties in tourist areas like Cangas de Onís or Llanes can generate a steady income, particularly during the summer months.
5. Long-Term Rental Market Growth
Beyond vacation rentals, long-term rentals are also becoming increasingly popular in Asturias. Cities like Oviedo and Gijón have a high demand for rental properties from university students and professionals. Avilés is also emerging as a strong rental market due to its good transport connections and affordable housing.
6. Emerging Investment Areas
In addition to major cities like Oviedo and Gijón, several other emerging areas are attracting investors:
- Avilés – a blend of tradition and modernization with affordable property prices.
- Noreña – close to Oviedo, well connected by transport.
- Pola de Siero – strategically located between Oviedo and Gijón.
- Luarca – a rising coastal destination.
- Grado – a quiet rural area with strong transport links.
- Candás – a growing coastal town near Gijón.
Conclusion: Is Now a Good Time to Buy in Asturias?
Yes, Asturias’ real estate market offers a stable price growth with strong demand from both national and international buyers. Whether you are looking for a home in a natural setting or an investment property, 2025 presents a great opportunity to buy before prices rise further.
