Property News from Spain

Costa del Sol property bargains are easy to find if you know where to look. And for this reason, Eye on Spain is here to help with a selection of affordable properties for sale along the Costa del Sol. From beachfront apartments, village houses with sea views to apartments with swimming pools, all of these properties are for sale for under €100,000.  Take a look!

For Sale: Over 200 properties with sea views on the Costa del Sol

The price of second-hand housing in Spain has registered a slight decrease of 0.1% during the month of August, standing at 1,825 euros / m2, according to the latest property price index. If we look at the last quarter, the price has risen 1.1% and if we look at the data for August 2020, the year-on-year increase is 5.2%.

The price has fallen during the month of August in 11 Spanish regions. Castilla-La Mancha (-1.1%) led the fall followed by Aragon (-0.9%), Castilla y León and Navarra (-0.7% in both cases). However smaller drops were registered in Madrid, the Balearic Islands Asturias (-0.4% in the 3 regions), the Valencian Community (-0.2%), Euskadi, Catalonia and Galicia (-0.1% in the 3 cases). On the contrary, Andalusia (1.4%) showed an increase in prices followed by Cantabria, Canarias and La Rioja (0.4% in the 3 territories). In Extremadura, prices grew by 0.2%, while in Murcia they remained stable.

The Balearic Islands with 3,196 euros / m2 is the most expensive autonomous region followed by the Community of Madrid (2,943 euros / m2). On the opposite side of the table, we find Castilla-La Mancha 866 euros / m2), Extremadura (927 euros / m2) and the Region of Murcia (1,055 euros / m2), which are the cheapest communities.

20 provinces registered higher prices than a month ago. The greatest increase was seen in Almería (1.5%), followed by Ourense (1.2%), Guadalajara (1.1%), Santa Cruz de Tenerife (0.9%), Malaga, Guipúzcoa and Pontevedra ( 0.8% in the three provinces). On the other hand, Valladolid (-5.8%) heads the list of provinces in which the price has fallen during the month of August, followed by Albacete (-2.4%) and Valencia (-2.1%) .

Guipúzcoa is the most expensive province to purchase a home (3,209 euros / m2) ahead of the Balearic Islands (3,196 euros / m2). They are followed by Madrid (2,943 euros / m2) and the province of Barcelona (2,719 euros / m2).

Ciudad Real is the cheapest province with a price of 750 euros for each square meter. They are followed by Cuenca (779 euros / m2) and Toledo (803 euros / m2).