AN average flat in Madrid, one of Europe’s priciest markets, costs around €5,000… per square metre.
But in the Galician countryside, that figure can buy you an entire house.
And if you’ve got a bit more to spend — say, €200,000 — you can buy the whole village.
British-born estate agent Mark Adkinson brings the glad tidings, and he would know as he makes a living finding dirt-cheap countryside properties and matching them with foreign buyers.
According to Adkinson, many homes and villages in Spain’s northwest have sat abandoned for decades after residents migrated to cities in search of work.
Adkinson markets the properties to foreigners, including British retirees, and also worked with an Indian entrepreneur wanting to transform a deserted hamlet into a yoga retreat.
If the investment from a foreign market breathes some life into these once-vibrant ghost towns, we can all say ‘namaste’ to that.