The most determining factor when it comes to looking for a home to buy is, for the vast majority of interested parties, the assumption of what they believe. It doesn’t matter if there’s a home available in the desired city, neighborhood, or street if pocket money can’t finance it. Therefore, it is necessary to view the map and get a comprehensive picture of the situation. On pisos.com, One of the main real estate portals in Spain, it was noted that the most affordable (less than €150,000) and most expensive (more than €500,000) homes cover the majority of the offer: with three houses and two houses on the ground, respectively. At the same time, there is also evidence that the majority of… Cheap houses They are found in Aragon (60.61% of those found in the community belong to this category) and the most expensive in the Balearic Islands (67.33%). If evacuation takes place via provincial capitals rather than communities, 60.2% of homes in Zamora cost less than €150,000, while in San Sebastian, 62.47% are the most expensive.
In the study published by the real estate portal this month, it divided its entire catalog into four price categories: less than 150 thousand euros; Between 150,000 and 250,000 euros; From 250,000 to 500,000 euros; y more than 500,000 euros. Therefore, the first result that is presented is that 29.58% of homes for sale have affordable prices; 18.78% belong to the following category; 28.88% in the continuity section; And 22.76% at the highest level. In light of these results, including those at the most deprived, the total supply exceeds the majority of the supply (52.34%).
Once the distribution was verified, the study divided the results into autonomous regions and provincial capitals. According to the first table, the Balearic Islands lead by a large margin in the classification of the highest prices, with 67.33% of properties valued at more than 500 thousand euros. This is twice that of Madrid, with one in three falling within this margin (32.63%); Y al de Canaria (30.31%). “Madrid and the Canary Islands have established themselves in recent years as destinations in high demand, both for business and quality of life reasons. This has led to a worrying rise in prices,” explains Ferran Font, director of Estudios de pisos.com.
However, in terms of provincial capitals, San Sebastian is the city that stands out strongly with 62.47% of properties worth more than half a million euros, a long way from Palma de Mallorca (60.48%), Malaga (36.33%) and Madrid (35.02%). “The capitals and major coastal cities with the largest international projects concentrate the highest prices,” says Font. “San Sebastian and Palma particularly stand out, where six out of ten villas sell for more than €1 million on average.”
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On the other side of the offer, Aragon is the region that tops the ranking of affordable homes (under €150,000), with 60.61% of homes in this margin; respectively from Extremadura (60.55%) and Castilla-La Mancha (57.75%). “Inland communities offer real opportunities for access to real estate housing. Most of the offer is below 150 thousand euros, which is in radical contrast to the situation in coastal areas and major capitals,” highlights Font.
Enlarge something more Zoom in On the national map, the largest concentration of affordable housing, according to Flooring studio.com, is in Zamora, which leads this section with 60.20% of buildings in Section I; followed by Almeria (58.64%) and Lleida (55.94%); In all of them with a catalog exceeding half of the total. “This reality accounts for the internal migration flows and real estate investment decisions of many Spaniards,” Font concludes.