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40 LOCAL FACTUAL ANSWERS · OFFICIAL EVIDENCE · CURRENT INVENTORY

Balmaseda, Bizkaia property and area FAQs

Balmaseda is a town and municipality located in the province of Biscay, in the Basque Country. Balmaseda is the capital city of the comarca of Enkarterri, in western Biscay and plays an important role in the province due to its proximity to the capital city of Bilbao and the regions of Cantabria and Castile and León. The official INE register places Balmaseda in Bizkaia province under municipality code 48090. The linked structured record provides a recorded municipal area of 22.3 square kilometres and a reference coordinate of 43.1914, -3.1936. The coordinate is a municipal reference point, not a property, parcel boundary or radius from which local claims are inferred.

Place and geography

What does the local overview record about Balmaseda?

Balmaseda is a town and municipality located in the province of Biscay, in the Basque Country. Balmaseda is the capital city of the comarca of Enkarterri, in western Biscay and plays an important role in the province due to its proximity to the capital city of Bilbao and the regions of Cantabria and Castile and León.

How many settlement centres are recorded around Balmaseda?

The current IGN Nomenclátor extract records 2 official population nuclei for Balmaseda. The imported source records are dated through 2025-11-27. The entry explicitly marked as the municipal capital is Balmaseda, at a recorded elevation of approximately 149 metres. Other population-bearing nuclei in the extract include Pandozales (34 residents in the cited settlement record). Nomenclátor entries describe settlement geography; they are not listing totals, neighbourhood boundaries or evidence of homes currently available for sale.

What is the recorded municipal area for Balmaseda?

The linked structured municipality record gives an area of 22.3 square kilometres for Balmaseda municipality. This is municipal geography, not a property-search radius.

What elevation is recorded for Balmaseda?

The sourced municipality record gives a reference elevation of approximately 146 metres. Elevation can vary within the municipality and is not a property-specific measurement.

How does NLS avoid mixing Balmaseda with similarly named places?

NLS resolves the municipality context through INE code 48090 and keeps the province label Bizkaia. Name-only fuzzy matching is not used to assign official market values.

What reference coordinate is recorded for Balmaseda?

The linked structured record gives a municipal reference coordinate of 43.1914, -3.1936. It is not a listing coordinate, parcel boundary or search radius.

What is the official INE code used for Balmaseda?

The official municipality context used for Balmaseda has INE code 48090. That code prevents same-name municipalities in different provinces from being combined.

How many additional named-place records are associated with Balmaseda?

The audited municipality record contains 43 additional named-place records for Balmaseda municipality. This count describes geographic records, not neighbourhood boundaries or properties for sale.

Where is Balmaseda?

Balmaseda is an official municipality in Bizkaia province, Spain. Its exact municipality identity is used for the official evidence on this page.

What geographic level does the Balmaseda page cover?

Balmaseda is treated as an official municipality. The page is joined to institutional datasets by its five-digit INE identity, not by a loose name match.

Which province is Balmaseda in?

Balmaseda is in Bizkaia province. Province-level figures are explicitly labelled when a municipality-level series is unavailable.

How many official population nuclei are recorded for Balmaseda?

The current IGN Nomenclátor extract records 2 official population nuclei for Balmaseda municipality. These are settlement records, not property listings.

What is the approximate municipal population density for Balmaseda?

Dividing the INE population of 7,563 by the recorded municipal area of 22.3 km² gives approximately 339.1 residents per km² for Balmaseda municipality. This is a transparent calculation from the two cited values.

People and households

What is the latest official population shown for Balmaseda?

The latest imported INE population for Balmaseda municipality is 7,563, for period 2023.

How has the recorded population changed in Balmaseda?

Across the first and latest points in the displayed INE series for Balmaseda municipality, recorded population changed by -0.8%. This describes the published series, not a forecast.

What net income per person is recorded for Balmaseda?

The latest imported INE household-income atlas value for Balmaseda municipality is €15,518 net income per person, for period 2023.

What is the recorded average age in Balmaseda?

INE records an average age of 45.9 years for Balmaseda municipality, for period 2023.

What is the lowest displayed population point relevant to Balmaseda?

Within the same displayed series for Balmaseda municipality, the lowest population value is 7,535 residents in 2022.

What period span does the displayed population evidence cover for Balmaseda?

The page uses 9 published observations for Balmaseda municipality, running from 2015 to 2023.

What share of residents in Balmaseda is recorded as non-Spanish?

The imported INE nationality series implies a non-Spanish resident share of 9.2% for Balmaseda municipality, in period 2023.

What is the average household size in Balmaseda?

The latest imported INE figure is 2.40 people per household for Balmaseda municipality, for period 2023.

What period does the population figure for Balmaseda cover?

The population figure uses INE period 2023. The page shows the period beside the value so it is not mistaken for a live counter.

What is the earliest displayed Balmaseda population observation?

The displayed series for Balmaseda municipality begins at 7,623 residents in 2015. This is the earliest point in the current imported series, not an estimate for an earlier period.

What is the arithmetic average across the displayed population points for Balmaseda?

The simple arithmetic mean across the 9 displayed population observations for Balmaseda municipality is 7,589 residents. It is calculated from the published points and is not a separate official benchmark.

Which published period has the largest population value for Balmaseda?

Within the 9 displayed observations for Balmaseda municipality, the highest population value is 7,654 residents in 2016.

What share of residents in Balmaseda is aged 65 or over?

INE records 23.6% of residents aged 65 or over for Balmaseda municipality, in period 2023.

Property market evidence

What is the latest official sold-price snapshot for Balmaseda?

The current Consejo General del Notariado snapshot for Balmaseda municipality records €1,490 per square metre. It is completed-sale evidence, not an asking-price figure.

What foreign-buyer share is shown for the wider Balmaseda market?

Registradores reports a foreign-buyer share of 4.7% for País Vasco in 2026Q2. It is regional context, not a municipality estimate.

What does the first available regional foreign-buyer share point show for Balmaseda?

The displayed series for País Vasco begins at 3.8% in 2024Q3. This is the earliest point in the current imported series, not an estimate for an earlier period.

When does the current regional foreign-buyer share series for Balmaseda reach its maximum?

Within the 8 displayed observations for País Vasco, the highest regional foreign-buyer share value is 4.7% in 2026Q2.

How has the regional house-price index changed for the wider Balmaseda market?

At the latest displayed point, the INE house-price index for País Vasco changed by 10.0% year on year. The value describes the region, not an individual municipality or property.

How much transaction history is shown for Balmaseda?

The page displays 12 quarterly MITMA observations for Balmaseda municipality, up to the latest published period in the chart.

When does the current registered sale-price benchmark series for Balmaseda reach its maximum?

Within the 8 displayed observations for Bizkaia province, the highest registered sale-price benchmark value is €3,375 per m² in 2026Q2.

What is the lowest displayed regional house-price index point relevant to Balmaseda?

Within the same displayed series for País Vasco, the lowest regional house-price index value is 91.0 index points in 2024Q3.

How extensive is the current regional house-price index series used for Balmaseda?

The page uses 8 published observations for País Vasco, running from 2024Q3 to 2026Q2.

What is the recorded average completed sale price in Balmaseda?

The current Notariado snapshot records an average completed sale price of €157,395 for Balmaseda municipality. An aggregate average is not a valuation of an individual home.

What does the first available regional house-price index point show for Balmaseda?

The displayed series for País Vasco begins at 91.0 index points in 2024Q3. This is the earliest point in the current imported series, not an estimate for an earlier period.

How extensive is the current quarterly transaction count series used for Balmaseda?

The page uses 12 published observations for Balmaseda municipality, running from 2023Q3 to 2026Q2.

What average property surface is reported for completed sales in Balmaseda?

The price-informed transactions in the Notariado snapshot have an average recorded surface of 106 m² for Balmaseda municipality.

Current property inventory

How many properties are currently listed in Balmaseda on NLS?

The current eligible public inventory contains 0 listings for Balmaseda. The count excludes sold, withdrawn, expired, rejected, draft, private, off-market and feed-private records.

How to read these answers

Current listings and asking prices can change. Institutional figures update on their own publication cycles and may use municipality, province or autonomous-community scope. Compare unlike measures only after checking their stated geography and period. This page is market context, not a valuation, forecast, legal opinion or investment recommendation.