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Tuesday, October 1, 2024

The town of Granada where 120 square meter houses are sold for 60,000 euros

Buying a home in Spain has become a challenge for many families. Prices have reached all-time highsleaving a large part of future homeowners in a constant race to find an option that fits their budgets. In the midst of the price boom, Andalusia has been one of the hardest hit communities. However, in the midst of this real estate storm, there are still places where buying a house at a good price is possible.

The average price per square meter in Andalusia has reached 2,225 euros this August, according to the latest Idealista report. This value puts the cost of a 120 square meter house close to 270,000 euros. Even so, there are very cheap options within the community. This is the case of Pinos-Puente, a municipality of Granada where The price per square meter is only 505 eurosthe lowest in the province. This means that a 120 square meter home would cost around 60,000 euros.



The town of Granada where 120 square meter houses are sold for 60,000 euros

The price of housing in other areas of Andalusia.

This small town in Granada has also experienced a downward trend in housing prices in the last year, with a decrease of 6.4%. An evolution contrary to that of other areas of Andalusia, where the price of land has not stopped increasing. For example, In the province of Granada itself, the average price per square meter is 1,460 euros8.6% more than a year ago, which puts the cost of a 120 square meter house in the capital at 175,000 euros.

By provinces, Malaga is the most expensive to buy a home. The square meter has become more expensive by 12.5% ​​in the last year and has reached 3,377 euros. In comparison, the cost of a similar home in Malaga would be close to 405,000 euros, an amount almost seven times higher than what would be paid in Pinos-Puente.

They follow him behind Cádiz and Seville, whose prices are between 1,899 and 1,595 eurosrespectively. On the contrary, the cheapest is Jaén, with an average of 840 euros per square meter, followed by Córdoba, with 1,208 euros.

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