With its iconic La Concha Bay, city-hugging mountains and vibrant cultural scene, San Sebastian has earned a special place in the Spanish real estate scene. However, new-build supply is scarce, making each new development a coveted treasure. This situation has raised the exclusivity of new build housing, with prices reflecting both high demand and limited availability.
The Luxury of Exclusivity: High Prices in San Sebastian
According to our recent study, the real estate market in San Sebastian is characterised by high prices and limited supply. Newly built two-bedroom properties in the city reach an average price of 920.000€while three-bedroom apartments are in the region of 995.455€. This unique landscape translates into a cost per square metre of 8,596 for two bedrooms y 9,102 for three bedroomsreflecting the exclusivity of the market in this northern Spanish coastal town.
Currently, San Sebastian has 11 new developmentswhich together make a total of 214 dwellings. Most of these developments are located in the most central areas of the city, which further increases their attractiveness to investors and residents looking for a prime location.
Outstanding New Developments in San Sebastian
Here are some of the most exclusive developments that are redefining the real estate market in San Sebastian:
San Martzial 29 - Activum Real Estate
Right in the heart of Donostia, San Martzial 29 stands as a symbol of elegance and comfort. This exclusive promotion of 13 dwellings offers options for 2, 3 and 4 bedrooms with prices starting at 940.000€. Just steps away from the iconic La Concha Beach, this development offers not only a home, but a sophisticated and refined living experience in an unbeatable location, surrounded by the best gastronomy and culture of the city.
Prim 10 - Boyton Invest
Located in the romantic area of San Sebastian, Prim 10 combines history with modernity. This development consists of the refurbishment of an emblematic building in the city, with 17 dwellings which maintain their original curved façade and modernist doorway. With prices from 1.300.000€ for two-bedroom homes, Prim 10 offers a touch of distinction and elegance for those looking for a home in the city centre.
Aldamar 1 - Lanin Housing
Right in the centre of Donostia, Aldamar 1 offers 10 three-bedroom dwellings in a newly constructed building, with prices starting from 790.000€. These homes stand out for their modern and luxurious design, with bay windows, balconies and terraces on the upper floors, giving residents the possibility to enjoy a central location with all the amenities.
Zabaleta Gros - ABU Group
In the dynamic neighbourhood of Gros, Zabaleta Gros offers 22 residences two-, three- and four-bedroom apartments, with prices starting from 760.000€. Just a few steps from Zurriola beach, this development is ideal for those looking to combine urban life with proximity to the sea, in a customisable environment and with high quality details.
Residencial Rodil - C3 Carlos III Dwellings
Located on the slopes of Mount Ulía, Residencial Rodil offers 36 dwellings that fuse luxury and comfort in a natural environment. With prices from 740.000€ for two-bedroom homes, this development stands out for its large terraces, enclosed garages and a wide range of exclusive services, such as an outdoor swimming pool, spa and communal vegetable garden.
The scarcity of new developments in San Sebastian highlights the exclusivity of each development. With a limited supply and steadily rising prices, these new homes represent not only a sound investment, but also a unique opportunity for those looking for a home in one of Spain's most beautiful and dynamic cities. Each real estate project in Donostia offers more than just a home: it offers an exceptional lifestyle in an incomparable location.
San Sebastian continues to be a desirable destination for residents and investors alike, and new property developments have become symbols of exclusivity and prestige in this jewel of northern Spain.
