Toledo Property Market and Real Estate Guide

(Toledo, Castile-La Mancha, Spain)

The up-and-coming Spanish city of Toledo blends a healthy dose of ancient history with a modicum of modern living, making it an attractive place to set up home. Many first-time visitors fall in love with the UNESCO-protected elevated Old Town, choosing to rent one of the heritage properties that line its cobbled streets.

Toledo's proximity to Madrid, the Spanish capital, adds to its appeal as residents can travel between the two by high-speed rail in just 30 minutes. Dominated by a cathedral and the Tagus River, compact Toledo will charm anyone with a love for medieval cities.


Toledo is missing the lively expat scene of other Spanish cities, but this is part of its pull for the many foreigners who buy property here. The quaint shopping, excellent eating out and tame nightlife all provide a local flavour that draws expats looking to immerse themselves in the Spanish lifestyle and language.

While historic properties in the centre rent and sell for a premium, properties in the wider province in locations like Talavera de la Reina, Guadamur, Ocaña and Oropesa offer better deals. The Sagra Plain suburbs outside the city have seen development in recent years and offer homes with gardens.

Renting Serviced Apartments

The absence of large numbers of corporate visitors to Toledo means the city is short on serviced apartments. Instead, most visitors looking to rent opt for a holiday home rental. Holiday homes span the spectrum, from apartments to cottages, but the most prevalent properties are villas and country homes.

Holiday let apartments typically come with linen, heating and kitchen amenities, and charge per night or per week, featuring a minimum stay requirement of two nights. A deposit of 30 percent of the total payment is typical and often a security deposit is requested upon arrival. The cost of a holiday let apartment in Toledo is typically cheaper than staying in a comparable hotel, particularly for those travelling in groups.

Buying Apartments and Houses

There are no restrictions on foreigners purchasing property in Toledo, with financing of up to 80 percent available to non residents.

Estate agents in Toledo typically command commissions of about five percent, but can take up to 20 percent due to demand outstripping supply. Different agents often have the same properties on their books so it is worth searching around for the best house price and commission before committing. Additionally, buyers are liable for transfer tax, stamp duty, property registration and notary fees.

If buying an old property, it is recommended to have it looked over by a builder. It is also advisable to have a legal advisor check over ownership and outstanding debts on the property before agreeing to a sale.

Real Estate Agents

When searching for a Toledo estate agent, it is best to seek one with a solid reputation in satisfying customers. Many of the agents here are small, local affairs known as inmobiliaria. All reputable agents will be registered with the Agente de Propiedad Inmobiliaria (API). Be sure to check how much commission an agent takes prior to proceeding with any transaction.

Check out the following Toledo real estate agents:

Qfinder Gestion Inmobiliria
Address: Centro Comercial Santa Teresa, Local 17, Toledo, Spain
Tel: +34 925 227 770
Email: qfinder@qfinder.net
Website: www.qfinder.net/inicio.php
This professional agent has a variety of Toledo properties to choose from.

Inmobiliaria Europa Baimo 98
Address: Avenida General Villaba 8, Toledo, Spain
Tel: +34 925 28 23 23
Website: www.pisos.com/inmobiliaria-inmobiliaria_europa_baimo_98_1549_0
An experienced realtor with insight into the Castile-La Mancha property market.

Property in Extremadura
Address: Finca La Sevillana, El Raposo, Badajoz, 06392, Spain
Tel: +34 924 570438
Website: www.propertyinextremadura.com
With everything from townhouses to villas on its books, this British-run agent can help you set up home in Toledo.