Facebook Ads Insights Tool

Facebook Ads Cost Per Lead Benchmarks for Real Estate in Spain

See how your CPL compares. Explore lead generation cost benchmarks by industry, region, and campaign type

Cost Per Lead for Real Estate in Spain

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads cost per lead trend summary

Key takeaways

  • Real Estate in Spain shows a lower cost per lead (CPL) than the global benchmark: average 26.8 vs. 37.4 (about 28% below market) across Oct 2024–Jun 2025.
  • Volatility is materially higher than the global trend: average month-to-month change of 27.4% vs. 12.1% globally.
  • Seasonal pattern diverges from the baseline: Spain declined through Q4 2024 and spiked in March 2025, while the global benchmark peaked in Q4 and stayed elevated.
  • From the first to the last month, Spain’s CPL fell 52.9% (31.9 to 15.0), whereas the global baseline rose 23.2% (31.1 to 38.4).

Introduction

This analysis looks at cost per lead trends for industry Real Estate and target country Spain compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.

Selected time series overview (Real Estate, Spain)

  • Average and range: The average CPL over the period is 26.8, with a high of 41.8 in March 2025 and a low of 15.0 in June 2025. The wide spread indicates substantial variability.
  • Trend and change: CPL declined 52.9% from October 2024 (31.9) to June 2025 (15.0).
  • Volatility: Average month-to-month absolute change is 27.4%.
  • Notable swings:
  • November → December: -28.8% (30.11 to 21.44)
  • February → March: +81.2% (23.06 to 41.76) — the largest spike
  • March → April: -28.2% (41.76 to 29.98)
  • May → June: -37.0% (23.87 to 15.03)

Comparison to the global baseline

  • Overall level: Spain’s average CPL (26.8) is about 28% below the global baseline (37.4) over the same months (Oct 2024–Jun 2025), indicating a below-average cost environment.
  • Highs and lows:
  • Spain peaked at 41.8 (Mar 2025), above the global March level (32.8).
  • Spain’s low was 15.0 (Jun 2025), far below the global June level (38.4).
  • Month-by-month positioning:
  • Above market: October (+2.6% vs. global) and March (+27% vs. global).
  • Below market: Seven of nine months, with the largest gaps in June (-61%), December (-46%), February (-41%), and May (-40%).
  • Volatility comparison: Spain’s average MoM volatility (27.4%) is more than double the global baseline (12.1%), reflecting sharper swings.
  • Directional change: While Spain fell sharply from October to June (-52.9%), the global trend increased (+23.2%) over the same period.

Seasonal context

  • Global baseline: Costs typically rise in Q4 (holiday period), with a pronounced lift from October to November (+33.6%) and elevated levels in November–December.
  • Spain (Real Estate): Q4 moved counter to the baseline, falling from October through December. The largest lift came in March (not Q4), followed by a steady decline into late spring and early summer.

Understanding cost per lead benchmarks on Facebook Ads in industry Real Estate and Spain helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Facebook advertising costs vary based on many factors including industry, target audience, ad placement, and campaign objectives. In the Real Estate industry, Facebook ad costs can be influenced by seasonal trends and market competition. For campaigns targeting Spain, advertisers should consider local market factors and user behavior. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

Spain Advertising Landscape

National Holidays

Jan 1New Year's Day
Jan 6Epiphany
Apr 17Maundy Thursday (some regions)
Apr 18Good Friday
Apr 21Easter Monday (some regions)
May 1Labour Day
Aug 15Assumption Day
Oct 13National Day of Spain
Nov 1All Saints' Day
Dec 6Constitution Day
Dec 8Immaculate Conception
Dec 25Christmas Day

Key Shopping Season

Late November–early December (Black Friday/Cyber Monday), Mid-August (summer promotions), December (Christmas & post-Christmas sales)

Potential Advertising Impact

CPM and CPC might increase during Semana Santa (Holy Week) and May Day, particularly for travel and tourism campaigns. 'Puentes' (bridge days) could reduce weekday inventory while pre-holiday traffic boosts media consumption. Black Friday typically marks sharp rises in retail competition. Late December brings peak ad volumes and e‑commerce CPM spikes.

What is considered a good cost per lead on Facebook in 2025?

A good CPL usually ranges from $10 to $50, depending on your industry and target audience. B2C offers tend to be cheaper, while B2B or high-ticket services may see CPLs over $100.

Why is my CPL higher than industry averages?

Your CPL could be high due to weak creative, irrelevant targeting, or an offer that doesn't resonate. Low engagement or poor conversion rates on your landing page can also drive up costs.

Does campaign objective impact CPL?

Yes. Campaigns optimized for conversions or leads tend to generate cheaper and more qualified leads compared to traffic or engagement objectives. Facebook needs clear signals to find the right users.

How can I generate leads at a lower cost without hurting lead quality?

Focus on improving your offer, targeting the right audience, and using high-converting creative. Test native lead forms, but make sure you're still qualifying users properly.

Should I optimize for leads or conversions if my goal is pipeline growth?

If your goal is sales or revenue, optimizing for deeper funnel conversions is better. Optimizing for leads alone can inflate volume but hurt quality.