25 Mar, 2022 @ 15:45
1 min read

DATA: Where can you find the most affordable property in Spain

Property in real estate window. Cordon Press
Property in real estate window. Cordon Press Proximity retail trade opens its doors in Phase Zero of a "New Normality" regulated by the Government of Spain to de-escalate confinement. (Photo by Paco Freire / SOPA Images/Sipa USA) *** Local Caption *** 29830536

VALENCIA, Toledo and Granada are the provinces in Spain which have the highest number of towns with the most affordable prices on the market.

Spain’s popular property portal Idealista has published research that determines where the cheapest urban homes can be found.

It studied the average price per square metre of properties offered for sale across Spain in February.

Idealista Data
Map produced by Idealista showing density of cheapest housing.

The findings revealed that there were 89 towns in Valencia province with homes offered for sale below €1,000 per square metre. 

Toledo province in Castilla-La Mancha had 65 towns and Granada 40.

Alcaudete De La Jara
Alcaude de la Jara, Toledo (Image: Wikipedia)

The town which has the cheapest property in Spain is that of Alcaudete de la Jara in Toledo where the average price was €316 per square metre.

It is followed by the Cordoba towns of Fuente Obejuna, with €341 and Belmez with €370. 

Finally we find the town of Benifairo de la Valldigna, Valencia, as the next cheapest at €430 per square metre.

In total, 815 towns across Spain have homes for sale below €1,000 per square metre.

Fuente Obejuna
Fuente Obejuna, Granada (Image: Wikipedia)

On the other end of the scale are the four provinces where not a single property can be found with a price tag below €1,000 per square metre. Not surprisingly, these are the Balearic islands, .the provinces of Guipuzcoa and Vizcaya in the Basque Country and finally Las Palmas in the Canary Islands.

For a full list of the average prices per municipality, visit the website HERE.

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Elena Gocmen Rueda

Elena Gocmen Rueda studied journalism at the Complutense University in Madrid before returning to her hometown of Marbella. She started working for The Olive Press in April 2021. Get in touch with a story: newsdesk@theolivepress.es

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