Are you dreaming of a new life in Spain but you’re on a tight budget? Well, pack your bags! The latest data from Kyero reveals that not only have average property prices taken a notable dip across the country, but two of Spain's most enchanting, but slightly off radar, provinces are now more affordable than ever.
From sun-drenched coastlines to historic city centres, these regions offer an irresistible mix of culture, natural beauty, and now, unbeatable value.
The average enquiry price for Spanish properties has taken a dip according to Kyero’s data wizards, dropping from €294,000 in 2021 to €267,000 in 2024. This trend signals good news for budget-conscious buyers looking to make their Spanish property dreams a reality.
The beguiling provinces of Granada and Tarragona have seen some of the biggest price drops offering home hunters the opportunity to snap up a bargain:
Picture yourself in your quintessentially Andalucian home, complete with Moorish inner courtyard and colourful tiles, and a sprawling garden filled with avocados, olives, and citrus fruits.
Granada province’s property prices have plummeted by a whopping 21.26%, with average asking prices now at €137,000. That's right – your own piece of this historic and culturally rich province could be more affordable than you ever imagined.
Set up home here and you could spend your days frolicking on sunny Costa Tropical beaches or on the Sierra Nevada ski slopes. Seeking out your favourite tapas bars. With the enchanting Alhambra Palace within driving distance whenever you fancy an afternoon filled with culture and inspiration.
The most popular towns and villages to buy property in Granada include: Almuñécar, La Herradura, Orgiva, Salobreña and Lanjarón.
Imagine owning a property near pristine Mediterranean beaches and Roman ruins and where a day trip to Barcelona can be a regular occurence – all at a fraction of what you might expect to pay.
If you like the sound of this, Tarragona should be on your radar. This Catalonian gem has seen prices drop by 18.71%, with average asking prices now at €113,000.
Discover historic cities, glorious coastline, pretty fishing villages, mountains, and valleys in this bohemian province of art, culture, and wine.
The most popular towns and villages to buy property in Tarragona include: L'Ametlla de Mar, L’Ampolla, Salou, Cambrils & Tortosa.
While Granada and Tarragona are leading the pack in affordability, other provinces are also offering attractive options:
Girona: This beautiful Catalonian province has seen a 13.76% decrease, with average prices now at €326,000.
Alicante and Murcia: These popular coastal areas have seen slight decreases, making them even more attractive for sun-seekers.
On the flip side, some areas are seeing price increases, reflecting their enduring popularity:
Majorca: The island paradise has seen a 9.48% increase, with average prices now at €681,000.
Almeria: This up-and-coming province has seen a significant 20.93% increase, but still remains affordable at €156,000 on average.
These price trends present a golden opportunity for home buyers. Whether you're looking for a permanent residence, a holiday home, or an investment property, Spain continues to be a great option for bargain hunters.
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