Are house prices going to fall in Spain?

Although the total number of real estate transactions (purchases and sales) is expected to fall by about 15 per cent in 2023, the decline in house prices will be only 0.9 per cent, according to Atlas Real Estate. 2022 will end with an average price of €1,706/m², 2.9 per cent higher than in 2021.



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Some popular regions for budget-friendly property include Andalusia, Murcia, and Castile-La Mancha, amongst others. In these areas, you can find houses and apartments for sale at prices that are significantly lower than in more expensive areas such as Madrid, Barcelona or the Balearic Islands.

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Cartagena, Murcia Cartagena is on the coast of Murcia and is one of the cheapest coastal towns to live in. It has some of the least built-up and wildest beaches in Spain. It is an ancient city whose streets and monuments preserve the memory of its rich historical past.

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Murcia isn't only one of the most affordable cities to live in Spain, it's one of the most affordable on the whole Mediterranean coast. Finding reasonable accommodation in Spain is always essential for keeping costs down. And Murcia offers really cheap places to stay in Spain.

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