How much does powered land cost per MW in Europe?

By Razvan Toma · Founder & CEO, Ampervia · Last checked 2026-10-12 · Sources linked below

Quick answer

Key facts

€2.26 million per MW: prime FLAP-D powered land, 2026 (JLL).
€978,000 and €512,000 per MW: secondary and tertiary market averages (Noah Intelligence).
€11 million for 17,650 m² with a 25 MW power agreement in Meco, Madrid, sold to Pure DC (ActivumSG).
About 22,000 m² in Vicálvaro, Madrid, sold as powered land to DAMAC’s Edgnex for a 40 MW data center; price not disclosed (DCD).
A Spanish developer agreed non-binding terms with Pure DC of €1.5 million per site upfront, €1.5 million more at ready-to-build, and €325,000 per MW of leased IT capacity (BeBeez).

Published Iberian powered-land and site deals
Deal	Size	Power	Price
Meco, Madrid → Pure DC (2024)	17,650 m²	25 MW	€11 million
Vicálvaro, Madrid → Edgnex	≈22,000 m²	40 MW	Not disclosed
Spanish sites → Pure DC (non-binding)	Per site	—	€1.5m upfront + €1.5m at RTB + €325k per leased MW

Firmness of power: an energised or permitted connection is worth several times a capacity that is only published.
Market: primary hubs command a premium for latency and ecosystem.
Timing: late power (years away) is discounted heavily.
Transferability: rules like Spain’s CNAE lock can stop a permit following the land.

Is the price per IT MW or grid MW?

Usually per IT MW in market reports, but deal announcements often quote grid MW. Check before comparing.

Why are Spanish prices lower than Frankfurt’s?

Lower land values, a younger market and more grid capacity outside Madrid. The gap narrows where power is scarce.