Real estate prices in Lisbon and Madrid. See the comparison with Warsaw

Data from Morizon.pl and Gratka.pl show a significant increase in real estate interest located in southern Europe. In the whole of 2024, nearly 70,000 were recorded. inquiries regarding the offer of the sale of apartments and houses In the six most popular directions: Spain, Bulgaria, Greece, Portugal, Italy and Croatia. Only in April 2025 the number of such queries exceeded 7,000.
Importantly, The vast majority of interested (76 percent) are looking for apartments and apartmentswhile 24 percent He directs his attention towards the houses. This tendency is an expression of changing preferences of Poles who are increasingly boldly considering buying real estate abroad.
Price comparisons of coastal capitals and regions
Although the capitals of the analyzed countries perform key administrative, economic and cultural functions, it is Smaller, coastal towns are the most popular among Polish buyers. Not only lower prices are decisive, but also access to beaches, conducive to climate and – extremely important – The proximity of airports serving connections from Poland.
Real estate prices in the south of Europe
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Morizon-Gratka group / Morizon-Grupa Grupa
Comparing real estate prices in the capitals of southern Europe, significant differences can be seen. The cheapest of them is Sofiawhere the median prices of a square meter of a flat on the secondary market is PLN 9,417. Higher rates, although still lower than in Warsaw (PLN 16970 per sq m), apply in Athens (PLN 12066 per sq m) and Zagreb (PLN 15050 per sq m). Apartments in Rome (PLN 20,210 per sq m), Madrid (PLN 25,800 per sq m) and Lisbon (PLN 24385 per sq m) are definitely more expensive than the Polish capital.
Among the coastal locations Spanish Barcelona and Alicante are particularly popular among Poles. While in the capital of Catalonia, the median's offer prices are PLN 21,595 per sq m, in Alicante it is at the level of PLN 11,936 per sq m – which is a lower amount than in popular Polish resorts, such as Sopot (PLN 18722 per sq m) or Kołobrzeg (PLN 13,538 per sq m).
Prices similar to these Sopot can be found in Portuguese Porto, where the median is PLN 1,8804 per sq m. On the other hand, the coastal locations of Croatia are much more expensive. In the famous Dubrovnik, recognizable thanks to the plein -airs from “Game of Thrones” or “Star Wars”, the median of offer prices of apartments reaches up to PLN 2,7606 per sq m, and in an equally popular split – PLN 21930 per sq m.
Smaller towns – larger occasions
Greek lounges are a particularly interesting alternative to Polish investors. The second largest city of Greece, despite its rich history and charm, has not yet gained as strong recognition as Dubrovnik or Split. Thanks to this The median of offer prices is only PLN 12,083 per sq m – less than in Gdańsk (PLN 1,4109 per sq m) or Gdynia (PLN 12602 per sq m).
Real estate in smaller towns and villages, located away from the main tourist routes, are even more affordable. Among the Spanish offers of houses sales, there are plenty of those whose prices are lower than the average price of a studio in Warsaw (about PLN 568 thousand) or in Krakow (about PLN 535,000).
They are also extremely attractive in terms of price real estate in Bulgaria. In the coastal Burgas, the median of bidding prices of apartments is only PLN 5578 per sq m, i.e. half as much as in Władysławowo (PLN 11510 per sq m). Moreover, available on the local market There are many houses offered at a price not exceeding 100,000. euro (about PLN 430,000).
A wide range available to Poles
On Morizon.pl and Gratka.pl websites, users have access to an impressive database over 430 thousand. Real estate offers from 41 countries, including Germany, France, Spain and Cyprus. In this number, about 100,000 These are rental offers, and over 330 thousand These are offers for the sale of apartments, houses, plots and commercial real estate.
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Marcin Drogomirecki, an expert of the Morizon-Gratka group real estate, emphasizes that the growing wealth of Polish society and the growing price affordability of foreign real estate means that the dream of having a home or apartment in a place where even in winter the sun shines and is warm, becomes a real option not only for the richest. – In many cases, the cost of buying an apartment or house in Spain, Italy or Greece is comparable to prices in large Polish cities – notes the expert.
The future of the market of foreign real estate for Poles
The observed trend of purchasing real estate abroad by Poles will probably be strengthened in the coming years. This is favored not only by the greater wealth of our society, but also changing work models – More and more common remote work enables professional duties from virtually anywhere in the world.
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In addition, the purchase of real estate in southern Europe is seen as a form of investment diversification, as well as financial security for the future. For many Poles, it is also the realization of dreams of a better quality of life in a region with a more favorable climate.
In the face of these trends, it can be expected that the offer addressed to Polish buyers will be expanding, and developers and real estate agents from southern Europe will be more and more actively striving for clients from Poland, adapting their proposals to their expectations and financial possibilities.
The material was created in cooperation with The Morizon Gratka group.





