Laurence Dollimore
THE most expensive and cheapest coastal resorts for buying a home in Spain have been revealed.
The analysis has been carried out by popular property portal pisos.com.
According to the most recent data, the most expensive area by the sea on mainland Spain is Marbella.
House hunters looking for a 90sqm home in the Costa del Sol city will pay an average of €502,112.
Marbella is beaten only by three towns on the Balearic Islands; Formentera, where the average 90sqm home is €931,863, Santa Eularia des Riu in Ibiza (€699,002) and Sant Antoni de Portmany, also in Ibiza (€518,620).
The Malaga coastline proved to have many coastal towns among the 25 most expensive in Spain.
After Marbella was 12th ranked Fuengirola (€364,664), 13th ranked Estepona (€354,464), 15th ranked Benalmadena (€337,692), 18th ranked Torremolinos (€323,956) and 24th ranked Nerja (€301,727).
On the other end of the scale, pisos.com also listed the cheapest coastal cities for buying a bolthole.
They were Burela (Lugo), Adra (Almeria), Ferrol (La Coruña), Viveiro (Lugo) and Villajoyosa (Alicante), with a 90sqm home costing an average of €79,882, €83,530, €86,111, €96,934 and €97,309 respectively.
According to the report the cost of buying a coastal home in recent years has surged by up to 40%.
