The real estate market in San Sebastian
The real estate market in San Sebastian stands out as the absolute reference for luxury on the Cantabrian coast, characterised by sustained international demand and prices rivaling major European capitals. The appeal of real estate in San Sebastian, driven by its famous Concha Bay and world-renowned gastronomy, lies in the alliance between the security of a safe haven asset and an exceptional seaside lifestyle.
Which district to choose for buying a property in San Sebastian?
If you are wondering where to buy a property in San Sebastian, here are the most sought-after districts:
- The Centro and Área Romántica: The elegant heart of the city. Buyers target apartments in Haussmann-style buildings, close to shops and the beach.
- Miraconcha and the Seafront: The "Golden Mile" of Donostia. This area offers the most spectacular views of the bay and is home to the city's most exclusive properties.
- Gros and Antiguo: Vibrant and sought-after districts. Gros attracts for its surfing atmosphere (Zurriola) and youth, while Antiguo offers a family-friendly residential setting near Ondarreta beach.
Why invest in real estate in San Sebastian?
Investing in real estate in San Sebastian means securing capital in one of Spain's most highly rated cities. The structural shortage of properties in the centre and strict protection of architectural heritage guarantee that the value of properties in San Sebastian does not depreciate. It is a scarcity market where demand consistently outstrips supply.
What are the real estate prices in San Sebastian?
The average real estate price in San Sebastian generally ranges between €6,000 and €9,000 per sq.m in urban areas. However, in the ultra-premium segment, particularly facing La Concha or in the noblest streets of the Área Romántica, prices can regularly exceed €12,000 or even €18,000 per sq.m. This valuation reflects the city's international prestige and the unique quality of life it offers.
Buying a property in San Sebastian with BARNES
To make your real estate purchase in San Sebastian a reality, our consultants at the BARNES San Sebastian agency provide expert local guidance (legal, tax, and urban planning).
By entrusting us with your search, you gain access to our entire portfolio, including our exceptional off-market properties for sale in San Sebastian. If you prefer to continue your search online, you can also refine your selection by property type and explore:
Do you wish to explore other opportunities? View all our real estate listings in the Basque Country.
Selling your property in San Sebastian with BARNES
For the sale of your real estate in San Sebastian, our strength lies in our international network capable of connecting your property with buyers from around the world. We highlight the specific assets of your property in San Sebastian (Concha view, terrace, historic architecture) to maximise its financial value.
To know the precise value of your property, request a property valuation in San Sebastian or visit our offices.