The average price per square meter of Spanish housing by the end of 2020 dropped to 1.78 thousand euros (159 thousand rubles). Real estate in the country has not been so affordable for a long time, writes Noticia.ru, a Russian-language portal about life in Spain.
A large home sale in the country was initiated, in particular by Bankia, Cajamar, Liberbank and BBVA. They began to bring properties to the market at very low prices in order to get rid of non-core assets. Offers are scattered throughout Spain, the newspaper notes.
There are a lot of chalets and small apartment buildings (sometimes for two apartments). Other buildings can be purchased at a price not exceeding 100 thousand euros. Thus, a three-storey 315-meter house in the province of Galicia was put up for sale for 63 thousand euros (5.6 million rubles). The interior is modernly renovated, built in 2009. There are similar offers in Valencia, Alicante and other regions of the country.
Earlier, a way was named to save a lot on buying a home in Spain – according to experts, apartments in houses without elevators will cost less. The absence of a lift significantly reduces the cost of apartments – by an average of 33.5 percent.