Where to find cheap Spanish real estate: in these Spanish cities, houses are sold for less than 1,000 euros/m2.

The provinces of Valencia, Toledo, and Granada lead in the number of municipalities where the cost of houses does not exceed 1,000 euros per square meter, according to the idealista price index. Meanwhile, the Balearic Islands, Gipuzkoa, Las Palmas, and Biscay have no cities with a significant supply of housing at such prices. The most affordable place to buyreal estate in Spain in 2022 was Alcaucete de la Jara in the province of Toledo, where the price is only 316 euros per square meter. In second place are municipalities from Córdoba — Fuente Obejuna (341 euros/m²) and Belmez (370 euros/m²). Let's take a closer look at the most advantageous offers in the Spanish real estate market in 2022.

When making a decision to purchase real estate, it is important to consider many factors. Among them, of course,price, which along withlocationandfunding opportunitiesit occupies one of the top spots on the priority list. If we focus solely on price, it becomes clear that the most affordable housing rates are found in rural areas and small towns. Based on the latest price report from idealista, published in February, we analyzed various locations to identify those wherePrices for secondary housing are below 1000 euros per square meter..

Although fewer than 40 areas barely reach 500 euros per square meter, Alcaudete de la Jara in Toledo stands out with a total cost of 316 euros per square meter. This region has been the most affordable in the country for many years. It is followed by Fuente Obejuna (341 euros/m²) and Belmez (370 euros/m²) in Córdoba. If the list is expanded to 1000 euros per square meter, the number of corresponding municipalities increases to 815.

The province of Ciudad Real ranks high in the number of municipalities with prices below 500 euros per square meter, with eight such towns registered within its territory. The most economical of these is Almaden, with a price of 390 euros per square meter in Castilla-La Mancha.

On the provided map, you can see which provinces of Spain offer the highest number of cities with real estate priced below 1000 euros per square meter. Most often, these are:

• Province of Valencia (89 populated areas)
• Toledo (65)
• Granada (40)

The most economically attractive locality in Granada is Zújar, with a price of 398 euros per square meter.

The following are the provinces:

• Alicante (39 cities)
• La Coruña (38)
• Seville (37)

In the Levante area of Alicante, prices range from 460 euros per square meter in Alguenya to 961 euros per square meter in Pinoso. As for La Coruña, the most affordable city is As Pontes de García Rodríguez at 544 euros per square meter, while in Corcubión it is 997 euros per square meter. In the province of Seville, prices fluctuate from 533 euros per square meter in Villanueva del Río y Minas to 983 euros per square meter in Coria del Río.

At the same time, currently there are no settlements in four provinces with real estate offers below 1000 euros per square meter. These are:

• Balearic Islands
• Hypuskoa
• Las Palmas
• Biscay

In the province of Álava, there is only one city, Oyón, where the price is 985 euros per square meter. In Teruel and Soria, the number of settlements is also limited: in Teruel, you can find Alcañiz (685 euros per square meter) and Valderrobres (815 euros per square meter), while in the province of Soria, there are Almazán (635 euros) and Burgo de Osma (780 euros).

We remind you that the idealista property price index analyzes housing prices (based on square meters under construction) published by advertisers on the idealista platform. Atypical listings with prices significantly different from the market are excluded from the statistics. We include single-family homes and exclude any types of properties that have been in our database for a long time without user interest. The final data is generated based on the median of all valid offers in each market.

Find affordable real estate for purchase in Spain in 2022. There are many advantageous offers and inexpensive places to buy property in Spain. At idealista, we are ready to help by providing a wide selection of affordable real estate across the country. Check out our guide to affordable real estate in Spain.