Great coastal areas of Spain for buying and renting housing
July 28, 2021
Assessing the real estate market in Spain, it is safe to say that it is most active in the coastal regions. Many foreign investors choose this area for permanent residence, and for leisure purposes. Others prefer to rent a suitable housing option for a short or longer period.
At the same time, prices for the purchase and rental of residential properties in different regions can vary quite a lot – it all depends on the popularity of the region. In order to choose a good option, it is worth getting acquainted with the rating of popular coastal regions and the prices that are being offered.
Top 10 most popular coastal regions
Speaking about the most popular regions of the coastal zone of Spain, we can note the following options:
- Barcelona;
- Valencia;
- Malaga;
- Alicante;
- Palm Tree;
- Gran Canaria;
- Majorca;
- Girona;
- Murcia;
- Granada.
It is worth noting that the northern cities of Spain are also popular among tourists and investors. The most popular regions are Vigo (Pontevedra), Gijon (Asturias) and Getho (Biscay). You can also add the coasts of Corunia, Santander or San Sebastian to the list of popular regions.
The cost of renting housing in popular areas
Due to the high popularity of these regions, the price of renting housing can be quite high. The most expensive today is the city of Sanxenxo, where the cost of 1 sq.m. per month reaches 20 euros. Then there are such regions as San Sebastian and Barcelona. Here, you will have to pay 14.5 euros per square meter of rent. In third place is the province of Las Palmas - the cost of sq.m. per month here is 13.6 euros.
You can also find more budget options. For example, in Valencia and Murcia there are places where the rental price per sq.m. will not exceed 5-6 euros per month. Such a spread of prices allows tourists to choose the most suitable objects for them, taking into account the available budget.
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