Housing · Spain

House prices in Toledo, Spain

What homes cost in Toledo, Spain right now, how prices are moving, and what to budget for as a foreign buyer.

Data as of Q1 2026Updated quarterly
Typical 100m² home€121,900 +16.1% vs last year
Average price per m²€1,219Madrid €4,048 · Ciudad Real €828
Annual price change+16.1%Year on year, all dwellings

Toledo's housing market at a glance

A typical 100m² home in Toledo costs about €121,900, which is less than the national average of €231,600. The most comparable areas in terms of price are Albacete at €1,190/m² and Lleida at €1,282/m².

House prices in Toledo have risen in the short term, up 16.1% year on year. Prices are also up in the medium term by 43.4%, and factoring the EUR/GBP exchange rate, effective prices for foreign buyers are up 44.4%.

How Wise can help

Buyers can use Wise to convert money into euros and pay out to a local Spanish bank account. Sellers can receive the proceeds of a sale into their Wise account using local EUR account details.

Learn about using Wise for large transfers
Price spread across Spain
Madrid€4,048
Balearic Islands€3,886
Gipuzkoa€3,420
Barcelona€3,208
Spain average€2,316
Granada€1,635
Ciudad Real€828

Average price per m², Q1 2026.

Historical price trends

Track how average prices in Toledo, Spain have changed over time, and estimate the cost of a home by size and currency.

Period
Foreign buyer currency
Overlays
Price per m², indexed to 100 at the start of the period Q2 2021 – Q1 2026
Local price (EUR) +43.4% Foreign buyer (GBP) +44.4%
Q2 2021Q2 2022Q2 2023Q1 2024Q1 2025Q1 2026

The shaded gap is the exchange-rate effect: what the same home costs a GBP buyer versus a local one.

How exchange rates changed the price

Over this period local prices rose 43.4%, while the exchange rate pushed GBP costs up a further 1.0 points — a 44.4% higher price in GBP.

Based on average price per m², a 70m² home, and average EUR/GBP rates for the period shown.

Home size70m²
StudioApartmentFamily home
Estimated local price€85,330
Foreign buyer price in GBP£74,087
€1,219/m² local · £1,058/m² for a GBP buyer

Funding a home in Spain?

Wise uses the mid-market exchange rate with low, transparent fees, so more of your money reaches the purchase.

Plan a property transfer

Explore prices by region

Pick a region to see the places behind the number.

€970/m²€4,048/m²

Castilla-La Mancha

€1,172/m² average · +13.1% year on year
Toledo€1,219/m²+16.1% year on year View Toledo
Guadalajara€1,671/m²+14.5% year on year View Guadalajara
Albacete€1,190/m²+11.9% year on year View Albacete
Cuenca€936/m²+11.0% year on year View Cuenca
Ciudad Real€828/m²+10.7% year on year View Ciudad Real

Averages per m², Q1 2026.

House prices by region and city

Search a place, then filter by price level and market movement.

Madrid€4,048/m²+16.4%
Balearic Islands€3,886/m²+13.1%
Gipuzkoa€3,420/m²+10.5%
Barcelona€3,208/m²+12.0%
País Vasco€3,036/m²+11.8%
Málaga€2,988/m²+14.3%
Bizkaia€2,965/m²+12.8%
Cataluña€2,749/m²+12.0%
Álava€2,501/m²+11.1%
Tenerife€2,265/m²+15.7%

Buying costs and rules in Spain

The fees, taxes and paperwork to budget for on top of the asking price.

Cash needed before the mortgage starts€50,589On a typical €121,900 home
DepositAssuming a 30% deposit€36,570
Buying costs Midpoint of the 10–13% range €14,019
Loan estimateBased on a 70% loan-to-value€85,330

This is a planning estimate, not a mortgage offer. Actual affordability depends on lender checks, income, residency, property type, fees, tax, and exchange rates. Uses our mortgage data as of March 2026.

Transaction tax

Resale properties attract Impuesto de Transmisiones Patrimoniales (ITP) at 6–10% depending on the autonomous community (Andalusia: 7%, Catalonia: 10%, Madrid: 6%). New builds attract IVA (VAT) at 10% plus Actos Jurídicos Documentados (stamp duty) at 0.5–1.5%.

Agent fees

Estate agent fees in Spain are typically 3–5% of the sale price and are paid by the seller. Buyers do not normally pay agent fees directly.

Notary and registry

Notary and land registry fees typically total 0.5–1% of the purchase price. Exact amounts are set by official tariffs.

Foreign buyer rules

EU/EEA citizens face no restrictions on buying property in Spain. Non-EU buyers require a NIE number (Número de Identificación de Extranjero). There are no restrictions on foreign ownership of residential property, though purchases by non-EU investors may be subject to reporting requirements. For a fuller step-by-step overview, read our guide to buying a house in Spain.

Where this data comes from

Every figure on this page is traceable to a published source.

Source: Ministerio de Vivienda y Agenda Urbana (MIVAU) appraisal values and Eurostat House Price Index (PRC_HPI_Q).

UK comparison data: HM Land Registry UK House Price Index — Open Government Licence v3.0. FX rates: European Central Bank daily reference rates via Frankfurter API.

Some links on this page are affiliate links, which means we may earn a commission if you click and make a purchase.