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

Posted On November 10 2021 Total Post Views :- 694

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.

20 Indian Kitchen with Window Design: Practical yet Presentable

With the changing trends in home, a kitchen with window design has stayed a paramount feature of Indian kitchens for its functionality as well as aesthetic purposes. Kitchen is the heart of Indian homes. It’s the most dynamic space in any Indian household— where traditions are passed down, flavors are crafted, and many stories are […]

Plywood: Your Unsung Interior Design Hero

Plywood – It’s that often overlooked material hiding behind your kitchen cabinets and bookshelves. But let’s give it the spotlight it deserves! This versatile, strong, and affordable material can be a game-changer in your interior design journey. Let’s see more about plywood and how it can help with your interior design. Why Plywood? You might […]

20 Breakfast Counter Designs: Amazing Indian Kitchen Choices

How many of you have the time to enjoy a family meal instead of an individualized quick bite? Breakfast counter designs in India exemplify societal changes, new culinary preferences, and cultural dynamics. With hectic lifestyles and changing work patterns, breakfast has shifted from a family-oriented meal to a functional individual affair. A large wooden table […]

Parisian Chic: Remodeling Your Kitchen with Modern French Style

Kitchens are arguably one of the most active places in our homes; as such, renovating kitchens can be a complex and at the same time, an engaging task. Assuming that you are in search of a style that will suit both young and older generations and at the same time fashionable yet classic then you […]

TADstories with Aakashi Mehta | Aakashi Mehta Designs

Aakashi Mehta, the founder of Aakashi Mehta Designs, shares her passion for interior spaces and design which has made design a crucial part of her life. Aakashi Mehta Designs is an interior design studio situated in the city of Ahmedabad. The firm prioritizes user experience and the requirements of the clients to promote a healthy […]

20 Captivating Wall Color Combinations For Your Living Room

Choosing the perfect wall color combination for your living room can be a game-changer. It sets the tone, reflects your style, and makes your space feel uniquely yours. The right hues can transform a dull room into a vibrant oasis or a chaotic space into a serene retreat. Wall colors can create moods, influence emotions, […]

The Importance of Professional Cleaning in Modern Architecture

Modern architecture, with its clean lines, open spaces, and sleek materials, is a testament to aesthetic appeal in today’s fast-paced world. Preserving these elements requires professional cleaning services, which play a crucial role in maintaining the structures’ visual allure and longevity. According to recent statistics, the cleaning industry is projected to grow by 20% annually, […]

Modern Dressing Table Designs for Bedroom: 15 Indian Style

Relating to the contemporary is fashion, and adopting that popular style is a trend. Modern dressing table designs for bedrooms seem to be a popular trend, adding glam to fashion. Did you know that some objects are gender-based? Yes, a vanity box, known as an airtight box, contains cosmetics and toiletries for women. Historically, the […]

Sunmica Designs: Great Shades for Great Beginning

Senses like touch and sight associate well with pleasure and satisfaction. Well-crafted Sunmica designs inject those emotions in varying patterns, textures, and thicknesses. People perceive these designs predominantly as a decorative element to view and comforting to touch. To define, ‘Sunmica’ is the name of a brand that has rewritten the history of laminates with […]

20 Modern Texture Paint Designs to Elevate Your Home Decor

Looking to add a fresh, dynamic touch to your interior design? Modern Texture paint designs is your answer! Unlike traditional flat paint, textured paint brings depth, interest, and personality to any space. Whether you’re aiming for rustic stucco finishes or sleek metallic accents, its versatility lets you customize your walls to match your unique style. […]