Although the average price for a 100sqm property in Spain is currently more than €200,000, official data shows that several cities in Spain have many three-bedroom homes for considerably cheaper than that.
Obviously, it should be said that location, atmosphere, connectivity, climate and many other considerations factor into these sorts of decisions, but price usually does too.
Fortunately, Spanish second-hand website Wallapop has carried out a new piece of research revealing the Spanish cities with the most affordable properties based on the average price of a 3-bedroom house/ flat. This gives us an idea of the cities in Spain where you can still buy a three-bedroom flat for under €150,000
Huelva
This lesser-known city on Andalusia’s Atlantic coast has an average price for a three-bedroom property of just €112,667, the lowest on Wallapop’s list. It’s also very close to the provincial capital, Seville, which is just 92.5 km away.
Mérida
In second place is Mérida in the neighbouring region of Extremadura. This beautiful city is full of culture and unique landscapes, and average prices are around €126,000, so it’s affordable too.
Lleida
Lleida in the northern Catalonia region is another good option for buying a cheaper property, with average prices for a three-bedroom flat around €144,334. It’s also relatively close to Barcelona (about 158 km away) for those who want to enjoy the hustle and bustle of the city now and then.
Salamanca
Salamanca, in the region of Castile and León. This city, home to one of the oldest universities in Europe and the tallest cathedral in Spain, has three-bedroom flats with an average price of around €149,960. Salamanca is just 120km from Valladolid and 220km from Madrid for those who want a getaway to the capital.
If you are looking to buy a property on Spain or Portugal and need a mortgage, email mark@vci-network.com for the latest criteria