The confinement derived from coronavirus has caused teleworking has become a viable alternative for many citizens. Spain is one of the countries with the largest fiber network in Europe, which could favor the displacement of many workers to small municipalities in search of more habitable environments and, above all, of a much cheaper home price.
Buying a home in a municipality with less than 5,000 inhabitants in Spain it is a 51.8% cheaper than the national average, according to a study published by Idealista. Buying a home in one of these towns has a price of 834 euros / m2, while the average price of capitals in Spain was located in June in 1.729 euros / m2.
Even so, the differences between small municipalities and capitals vary throughout the Spanish geography. The biggest discount is in the province of Barcelona, where the towns have a price 69.1% lower than the capital. Follow him Madrid (68.5% cheaper), Sevilla (68% cheaper), Saint Sebastian (65.6% cheaper), A Coruña (63.3% cheaper), Salamanca (62.5% cheaper), Granada (-61%) and Zaragoza (-60.8%).
On the contrary, the provinces in which teleworkers would have less economic incentives to leave the capital would be Lleida (5.3% cheaper in towns than in the capital), Santa Cruz de Tenerife (-6.5%), Murcia ( -12%), Palma (-14.9%) and Castellón (-19.8%).
The Balearic Islands is the community in which homes in small municipalities have a more expensive square meter: 2,607 euros. It is followed by the towns of Vizcaya (1,732 euros / m2), Girona (1,688 euros / m2), Guipúzcoa (1,663 euros / m2), Santa Cruz de Tenerife (1,380 euros / m2) and Barcelona (1,283 euros / m2). In Madrid the price stands at 1,137 euros / m2.
At the opposite extreme are the less populated localities of Ciudad Real (542 euros / m2), Cuenca (553 euros / m2), Zamora (557 euros / m2) and Toledo (573 euros / m2).
| province | Price in towns of <5,000 inhabitants. (euros / m2) | Capital | Price in provincial capital (euros / m2) | Difference |
| Spain | 834 | Spain | 1.729 | -51,8% |
| Albacete | 600 | Albacete | 1.328 | -54,8% |
| Alicante | 1.058 | Alicante / Alacant | 1.556 | -32,0% |
| Almeria | 727 | Almeria | 1.145 | -36,5% |
| Araba / Álava | 1.188 | Vitoria-Gasteiz | 2.318 | -48,8% |
| Asturias | 950 | Oviedo | 1.502 | -36,7% |
| Ávila | 680 | Ávila | 1.096 | -38,0% |
| Badajoz | 624 | Badajoz | 1.147 | -45,6% |
| Balearic Islands, Islands | 2.607 | Palma | 3.063 | -14,9% |
| Barcelona | 1.283 | Barcelona | 4.153 | -69,1% |
| Bizkaia | 1.732 | Bilbao | 3.021 | -42,7% |
| Burgos | 683 | Burgos | 1.578 | -56,7% |
| Cáceres | 620 | Cáceres | 1.112 | -44,3% |
| Cádiz | 1.214 | Cádiz | 2.368 | -48,7% |
| Cantabria | 1.018 | Santander | 1.898 | -46,4% |
| Castellón / Castelló | 843 | Castellón de la Plana | 1.051 | -19,8% |
| Real city | 542 | Real city | 1.112 | -51,2% |
| Córdoba | 675 | Córdoba | 1.438 | -53,0% |
| Coruña, A | 776 | A coruña | 2.113 | -63,3% |
| Cuenca | 553 | Cuenca | 1.078 | -48,7% |
| Gipuzkoa | 1.663 | Saint Sebastian | 4.834 | -65,6% |
| Girona | 1.688 | Girona | 2.149 | -21,5% |
| Granada | 715 | Granada | 1.831 | -61,0% |
| Guadalajara | 684 | Guadalajara | 1.345 | -49,1% |
| Huelva | 834 | Huelva | 1.101 | -24,2% |
| Huesca | 902 | Huesca | 1.211 | -25,5% |
| Jaén | 577 | Jaén | 1.150 | -49,8% |
| Lion | 631 | Lion | 1.328 | -52,5% |
| Lleida | 908 | Lleida | 958 | -5,3% |
| Lugo | 766 | Lugo | 1.262 | -39,3% |
| Madrid | 1.137 | Madrid | 3.608 | -68,5% |
| Málaga | 1.086 | Málaga | 2.170 | -50,0% |
| Murcia | 924 | Murcia | 1.050 | -12,0% |
| Navarra | 932 | Pamplona | 2.198 | -57,6% |
| Ourense | 616 | Ourense | 1.387 | -55,6% |
| Palencia | 598 | Palencia | 1.352 | -55,8% |
| Palmas, Las | 1.198 | Las Palmas de GC | 1.938 | -38,2% |
| Pontevedra | 878 | Pontevedra | 1.573 | -44,1% |
| Rioja, The | 763 | Logroño | 1.556 | -51,0% |
| Salamanca | 620 | Salamanca | 1.650 | -62,5% |
| Santa Cruz of Tenerife | 1.380 | SC of Tenerife | 1.477 | -6,5% |
| Segovia | 828 | Segovia | 1.549 | -46,6% |
| Sevilla | 665 | Sevilla | 2.077 | -68,0% |
| Soria | 699 | Soria | 1.309 | -46,6% |
| Tarragona | 853 | Tarragona | 1.751 | -51,3% |
| Teruel | 694 | Teruel | 1.101 | -37,0% |
| Toledo | 573 | Toledo | 1.366 | -58,0% |
| Valencia | 762 | Valencia | 1.861 | -59,0% |
| Valladolid | 636 | Valladolid | 1.483 | -57,1% |
| Zamora | 557 | Zamora | 1.175 | -52,6% |
| Zaragoza | 617 | Zaragoza | 1.575 | -60,8% |
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Prices slightly higher
Despite the fact that prices in Spain have dropped 4.8% in the last year, municipalities with less than 5,000 inhabitants have seen their owners’ expectations rise 6.2% in the same time.
Only the rural areas of 5 provinces have seen their prices fall in the last 12 months: Seville (-5.4%), Álava (-3.2%), Toledo (-2.7%), Tarragona (-2, 3%) and A Coruña (-0.1%). In Cantabria and Madrid, prices have remained stable, with increases of 0.2% and 0.7%, respectively.
Badajoz is the province in which the towns have increased their price the most, with 21.4%; a variation similar to that registered by Castellón (21.2%). They are followed by Soria (17.9%), Salamanca (16.4%), Teruel (14.9%), Ávila (14.1%) and Cuenca (13.3%).
| Housing price evolution in towns with <5,000 inhabitants. Province | 06/01/2019 (euros / m2) | 06/01/2020 (euros / m2) | Difference |
| Spain | 786 | 834 | 6,2% |
| Albacete | 548 | 600 | 9,6% |
| Alicante | 968 | 1.058 | 9,3% |
| Almeria | 679 | 727 | 7,1% |
| Araba / Álava | 1.228 | 1.188 | -3,2% |
| Asturias | 940 | 950 | 1,1% |
| Ávila | 596 | 680 | 14,1% |
| Badajoz | 514 | 624 | 21,4% |
| Balearic Islands, Islands | 2.562 | 2.607 | 1,7% |
| Barcelona | 1.245 | 1.283 | 3,1% |
| Bizkaia | 1.692 | 1.732 | 2,4% |
| Burgos | 636 | 683 | 7,5% |
| Cáceres | 589 | 620 | 5,3% |
| Cádiz | 1.113 | 1.214 | 9,1% |
| Cantabria | 1.016 | 1.018 | 0,2% |
| Castellón / Castelló | 696 | 843 | 21,2% |
| Real city | 484 | 542 | 12,0% |
| Córdoba | 655 | 675 | 3,1% |
| Coruña, A | 777 | 776 | -0,1% |
| Cuenca | 488 | 553 | 13,3% |
| Gipuzkoa | 1.612 | 1.663 | 3,2% |
| Girona | 1.621 | 1.688 | 4,1% |
| Granada | 686 | 715 | 4,2% |
| Guadalajara | 639 | 684 | 7,0% |
| Huelva | 781 | 834 | 6,8% |
| Huesca | 856 | 902 | 5,5% |
| Jaén | 567 | 577 | 1,8% |
| Lion | 564 | 631 | 11,9% |
| Lleida | 838 | 908 | 8,3% |
| Lugo | 684 | 766 | 12,0% |
| Madrid | 1.129 | 1.137 | 0,7% |
| Málaga | 1.064 | 1.086 | 2,0% |
| Murcia | 857 | 924 | 7,8% |
| Navarra | 900 | 932 | 3,6% |
| Ourense | 569 | 616 | 8,2% |
| Palencia | 540 | 598 | 10,7% |
| Palmas, Las | 1.072 | 1.198 | 11,8% |
| Pontevedra | 863 | 878 | 1,7% |
| Rioja, The | 724 | 763 | 5,5% |
| Salamanca | 532 | 620 | 16,4% |
| Santa Cruz of Tenerife | 1.328 | 1.380 | 3,9% |
| Segovia | 785 | 828 | 5,5% |
| Sevilla | 702 | 665 | -5,4% |
| Soria | 593 | 699 | 17,9% |
| Tarragona | 874 | 853 | -2,3% |
| Teruel | 604 | 694 | 14,9% |
| Toledo | 589 | 573 | -2,7% |
| Valencia / Valencia | 719 | 762 | 6,1% |
| Valladolid | 603 | 636 | 5,5% |
| Zamora | 523 | 557 | 6,4% |
| Zaragoza | 579 | 617 | 6,6% |
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