The study of real estate prices in Spain showed that the average cost of the project is currently €253,000. The most expensive province in Spain is Guipuzcoa, located on the territory of the Basque Country. Properties in this region cost about €600,000, which is 240% higher than the national average, according to the Spanish portal Kyero.
The second highest value of the property is in Barcelona (€560,000; 222%). Also expensive Spanish provinces are Mallorca (€450,700; 178%), Girona (€415,000; 164%), Menorca (€308,000; 122%) and Malaga (€297,700; 118%).
Queries below the average are observed in the following provinces: Cantabria (€225,300; 89%), Tenerife (€225,100; 89%), Alicante (€195,300; 77%), Granada (€179,300; 71%), Tarragona (€176,000; 70%), Valencia (€168,000; 67%).
The cheapest real estate is in the Spanish province of Jaén, in the region of Andalusia. Property costs about €55,000, which is 22% lower than the national average price level. Also the provinces with low-cost real estate are Teruel (€73,300; 29%), Lugo (€86,000; 34%), Castellon (€136,000; 54%), Almeria (€140,000; 55%) and Murcia (€147,200; 58%).