“The emptied Spain refuses to be”. Paradoxically, one of his lifesavers ended up being the arrival of Covid-19. The pandemic caused many to rethink their current lifestyle, in which statistics dictate that more than three quarters of the Spanish population (85%) is divided between large cities, in 20% of the territory.
Whether for work, leisure or whatever, the toll of this ends up being paid by the towns, with closed businesses, destroyed jobs and empty houses and streets. Teleworking was one of the measures of the Ministry of Labor and one of the claims to revitalize these areas. In fact, it is one of the stated goals of the coalition government.
Another claim is the off-market price offered by some towns in the so-called Empty Spain. Castilla La Mancha is the national square meter outlet, where you can find flats for about 300 euros per square meter. Only 15 municipalities in the country have prices below 450 eurospresenting itself as a bargain in times of inflation and rises in interest rates that have ushered in the era of expensive mortgages.
The 10 cheapest towns to buy a house in Spain
Bullas, in the Region of Murcia, with homes for sale for 426 euros/m2, is the first municipality of those five that is outside the Castilian La Mancha borders. follow him Onion in Toledo (432 euros/m2), Puerto Serrano in Cádiz (436 euros/m2), the Leonese municipality of Bembibre (437 euros/m2) and Miguel Esteban, in Toledo (446 euros/m2).
In the top-3, Governor of Jara It appears as the town in which it is currently cheaper to buy a home according to the price per square meter (329 euros) that an Idealista study carried out last June collects. Also in the province of Toledo is the second, Lucillos, with 363 euros per square meter.
With five places on the list, it is evident that in the towns of Toledo you can buy a house at competitive prices. It is followed by Almadén, already in Ciudad Real, with a price of 372 euros per square meter.
- Alcaudete de la Jara (Toledo): 329 euros/m2.
- Lucillos (Toledo): 363 euros/m2.
- Almadén (Ciudad Real): 372 euros/ m2.
- Thumb (Toledo): 374 euros/m2.
- Campo de Criptana (Ciudad Real):398 euros/m2.
- Horcajo de Santiago (Cuenca): 405 euros/m2.
- Cabezamesada (Toledo): 405 euros/m2.
- Malagon (Ciudad Real): 406 euros/m2.
- Calzada de Calatrava (Ciudad Real): 420 euros/m2.
- Villacañas (Toledo): 425 euros/m2.
House prices go up again
The other note in the report highlights a rise of 2.8% during the second quarter of this year, leaving the price per square meter at 1,876 euros. Since last year, he notes, prices have risen 3.3% globally.
“The economic market, and by extension the real estate market, is going through a stage of enormous uncertainty. After an extraordinarily positive 2021 and start of 2022, it seems that the euphoria is slowing down. The challenge is the lack of available housing. The strong demand experienced in the last year has drained the second-hand market and new-build permits are growing very slowly due to administrative bureaucracy and the shortage of materials and labor,” says Francisco Iñareta, spokesperson for idealista.
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