Reasons to avoid buying property in certain regions of Spain.

Spain offers a variety of opportunities in the real estate market, however, not all regions are equally attractive for buying a home. It is important to understand which areas may bring more problems than benefits and how to avoid mistakes when choosing a property.

Variety of Housing Prices in Spain

Real estate prices in Spain vary significantly depending on the region. Major cities and seaside resorts usually have high prices, while rural and less well-known regions offer more affordable options.

Geographical Influence on Cost

Northern Spain: Prices from 1,500 to 2,500 euros per square meter. Advantages include beautiful landscapes and lower cost.
Southern Spain: Prices from 2,500 to 6,000 euros per square meter. High demand due to tourism and developed infrastructure.
Central Spain: Prices from 2,000 to 3,500 euros per square meter. Madrid as an economic center with high prices.
Coastal regions: Prices from 2,500 to 5,000 euros per square meter. Popular resorts with high prices by the sea.
Islands: Prices from 3,000 to 5,500 euros per square meter. High prices due to remoteness and tourist appeal.
Central and rural regions: Prices from 800 to 1,500 euros per square meter. More affordable prices, quiet life.

Problems of Buying Property in Major Cities

Madrid and Barcelona remain the most expensive cities to buy property. High prices are due to high demand, developed infrastructure, and attractiveness for investors.

Advantages and Disadvantages

Madrid: Rich culture and many career opportunities, but high cost of living and heavy traffic.
Barcelona: Combination of city life and beach holidays, however, housing prices can be very high, especially in the center and near the sea.

Risks of Buying Property in Certain Regions

Some regions of Spain may present high risks for investors and buyers due to low liquidity, infrastructure problems, and security.

Main Risks

Insufficient infrastructure: Rural and less developed regions may lack necessary infrastructure, such as hospitals and schools.
Low liquidity: In some regions, properties may remain on the market for a long time, making it difficult to sell them in the future.
Security: In certain areas, as shown in the example of Alicante, there may be security problems, which negatively affects the value and attractiveness of housing.

How to Choose the Best Place to Buy Property

When choosing a region to buy property, it is important to consider personal preferences, budget, availability of infrastructure, and the region's development prospects.

Tips for Choosing

Research the market: Conduct a thorough analysis of prices, demand, and supply in different regions.
Trial visit: Visit the chosen region to assess the atmosphere and living conditions.
Work with professionals: Hire a reliable real estate agent and lawyer to check documents and minimize risks.
Calculate the budget: Consider all possible expenses, including taxes, fees, and repair costs.

Conclusion

Buying property in Spain can be a profitable investment if you carefully choose the region. Avoid buying property in areas with poor infrastructure, security problems, and a high risk of illiquidity. Focus on regions with good infrastructure, stable demand, and prospects for price growth.