villasandfincas-house01ANDALUCIA is one of the cheapest places to buy property in Spain.

Although prices for resale properties in the region increased by 0.8% in April, the cost per square metre of property is still around 11% lower than the Spanish national average at €1,490 per square metre, with the average being €1,680 per square metre.

Andalucia comes in at the eighth cheapest place to buy property in Spain after Castilla-La Mancha, Extremadura, Murcia, La Rioja, Comunidad Valenciana, Canarias and Castilla y León, according to the data from property website fotocasa.

Before the financial crisis, property prices peaked at €2,509 per square metre in 2007, a figure that has since decreased by a staggering 40.5%.

2 COMMENTS

  1. Still so cheap that it is normal all agents take 5% (sometimes both sides) while in the whole of Spain, 1 – 1.5% is considered normal. Without any liability. They give this service because the houses are so incredibly cheap.