The cost of protected housing in Sevilla has seen a continuous increase, positioning it above the national average of 1,222.3 euros/m². This data, from a report by the real estate portal Idealista, confirms an upward trend that has now lasted for six consecutive quarters. Despite a 4.5% year-on-year rise at the start of the year, VPO in Sevilla remains more affordable than free market housing.
According to data from the Ministry of Housing and Urban Agenda, Sevilla is surpassed only by Madrid (1,503.6 euros/m²), Barcelona (1,288.8), Málaga (1,273.1), Girona (1,269.8), Tarragona (1,255.5), and Lleida (1,254.8) in terms of official VPO prices. Other Andalusian provinces such as Córdoba (1,232.2 euros/m²), Cádiz (1,219.5), Granada (1,217), and Almería (1,207.5) also exceed 1,200 euros per square meter, while Cáceres and Badajoz remain below 1,000 euros.
Despite the increases, protected housing in Sevilla maintains lower prices than free market housing, unlike provinces such as Jaén, Ciudad Real, Cuenca, and León, where VPO is more expensive. In Sevilla, the difference between the two markets is significant, although in areas like Córdoba or Lleida, the gap is less than 100 euros per square meter.
Real estate experts anticipate that the upward trend will continue, driven by the update of protected housing modules by the autonomous communities. Juan Casares, president of the Confederation of Housing Cooperatives of Spain (Concovi), indicates that the appraised value will continue to rise, especially in regions with automatic update mechanisms linked to the CPI.
The increase in construction costs, including materials, financing, and labor shortages, poses a challenge for developers. When the actual execution cost exceeds the maximum price authorized, many VPO projects risk being halted. This scenario is particularly critical for Sevilla, which is already among the most expensive provinces, making it difficult to balance providing affordable housing with maintaining developer interest in new projects.
