search

Real estate is getting more expensive! Rising property prices in Spain

Despite the difficult epidemiological situation in the world, Spain has managed to maintain its real estate market in relative stability. Moreover, over the past year, the average cost of housing has risen and now stands at EUR 1,750 per 1 m2 of living space. The source – http://spain-real.estate/ – will tell you more about the situation on the Spanish real estate market, current prices and areas.

Areas of Spain with a record increase in housing prices

The real estate market in Spain is extensive, so the growth in value does not occur everywhere. However, now the areas in which the most significant rise in prices has been recorded have become known. It includes:

  • Balearic Islands – by 4.4%;
  • Costa del Sol – by 3.1%;
  • Costa Blanca (Alicante) – by 2.6%.

Slightly less pronounced growth was observed in the following areas:

  • Costa del Maresme – 2.4%;
  • Costa de la Luz – 2.2%;
  • Basque Coast – 2%;
  • Biscay – 1.1%,
  • Valencia – 1%;
  • The Coast of Cantabria – 0.5%.

The status of the area with the highest prices in Spain has been preserved by the Balearic coast. The average cost of real estate per sq. m. of living space is EUR 3,145. Then Gipuzkoa coast comes – EUR 3,147 per sq. m. of living space. The third place in the list of the most expensive locations in Spain is occupied by Marseme – EUR 2,370 per sq. m.. After that the Biscay coast comes – EUR 2,360 per sq. m. and the Costa del Sol with a fixed price of EUR 2,050 per sq. m. of housing.

Locations with the lowest housing prices

Real estate in Spain at the lowest price is located in those areas where a decline was recorded last year. Now the cost of housing there has decreased even more. These areas include:

  • Costa Tropical – decline by 6.5%;
  • Marinha Lucense – decrease of 5.9%;
  • Costa de Almeria – price drop by 5%;
  • Municipalities of Las Palmas – 4.6%.

Cheap real estate can also be found in districts and municipalities where the price decrease was at the level of less than 4%. These locations include:

  • Costa de la Luz – price drop by 3.2%;
  • Costa del Azar – decrease by 3.2%;
  • Costa Brava – 1.5%;
  • Costa Dorada – 1.1%.

The following areas were least affected by the crisis:

  • Costa da Morte;
  • Santa Cruz de Tenerife;
  • Costa Verde;
  • Rias-Baixas.

– The decrease was only 0.1%.

The cheapest property on the Spanish coast is for sale in Marinha Lucenza in Galicia. The average cost per sq. m. is only EUR 840. Another equally attractive place is Costa da Morte, where housing costs EUR 990 per sq. m. The price tag in Castellon is slightly higher – EUR 1,040 per sq. m. In Costa Tropical and Costa Calida, it is EUR 1,090 and EUR 1,150 per sq. m.

Our assistance in buying a property in Spain

More interesting real estate options from owners in Spain are posted on Spain-Real.Estate. You can get detailed information about buying real estate in Spain and moving to the country for permanent residence from the manager on the website.

Cabinets For Wholesale: Smart Strategies for Affordable Luxury in Your Kitchen

Investing in new kitchen cabinets is one of the most important and necessary decisions in remodeling any kitchen. While high-end cabinetry can quickly drive up costs, wholesale cabinets provide a way to achieve premium quality at a fraction of the price. Whether you’re flipping homes, managing multiple projects, or simply upgrading your kitchen, they offer […]

Read More

Ultimate Guide To Stylish Living Room Furniture For Small Spaces

Got a small space and big dreams for your living room? You’re not alone. Many face the challenge of finding living room furniture that fits tight spots but still oozes style. It’s like trying to squeeze into jeans from high school—tough, but not impossible. Here’s a cool fact: you can have chic and functional spaces […]

Read More

25 Stunning False Ceiling Designs for Your Living Room

When you walk into a room, what’s the first thing you notice in the interiors? The furniture, the walls, or the ceiling? Often overlooked, the ceiling plays a significant role in defining the ambiance of a room. If you’re looking to add some flair, sophistication, or a modern touch to your living room, false ceiling […]

Read More

20 Beautiful U Shaped Modular Kitchen Design For Indian Homes

A thoughtful U shaped modular kitchen design can enhance functionality, and aesthetics in your kitchen, as well as in the dining and breakfast areas. With the various modular kitchen options available in India, the following ideas can help you envision your customized U shaped modular kitchen design. 1) Explore Neutral Color Palette The kitchen’s neutral […]

Read More

50 Timeless Pooja Room Door Design For Indian Homes

Indian homes place equal importance on pooja room door designs as they do on main door designs. With diverse and unique ethnic backgrounds, every family strives to reflect their personalities and identities in their designs. These identities can encompass religious or spiritual interests, local contexts, or other personal elements. This series of blogs, featuring 50 […]

Read More

20 Screening Evergreen Trees for Indian Home Landscaping

The integration of screening evergreen trees serves as an artful blend of practicality and natural beauty. These screening evergreen trees, with their lush foliage and diverse benefits, play a crucial role in enhancing privacy. It also blocks unwanted views, and contributes to the overall well-being of homeowners. From the majestic Jamun trees to the versatile […]

Read More

50 Magnificent Gate Design That Will Protect Your Home

Gate Design is an important feature of any home. Numerous scopes for experimentation open up when delving into the design possibilities. Materials like wood and black steel are popular options in Indian homes. At the same time, designers also experiment with a combination of materials that suits their aesthetic. Buying mass-produced Sydney automated gates has […]

Read More

Top 25 Architects in Hyderabad

Hyderabad is a city that boasts a rich and diverse architectural heritage that has been shaped by its history and cultural influences. The city has been ruled by various dynasties, including the Qutb Shahis, the Mughals, and the Nizams, who have all left their mark on its architecture and influenced young architects in Hyderabad. The […]

Read More

Brutalist Architecture and its 50 iconic heroes

Brutalism is an architectural style from the 50s and 60s that began in the United Kingdom. Brutalist Architecture can be elaborated as raw with no ornamentation and exposed building materials used in a monolithic way. Majorly showcasing the concrete in its raw beauty employed in various geometric shapes. Since the beginning of the revolutionary composite […]

Read More

19 Primary Fundamentals of Vastu Shastra for house

The word “Vastu” refers to the dwelling place of humans and gods, while “shastra” means science or knowledge, hence Vastu Shastra for house is the science of architecture. Vastu Shastra for house is an ongoing practice in India since one can remember. Almost every architect and designer wields it in conceptualizing their projects. Vastu Shastra provides […]

Read More
  • Cuts And Curls : A Modern Salon Design | Forum Advaita

    Why the Success of Tenders Depend on the Cost Estimating Performance: Answers and Explanations