Spain’s property market has not yet experienced the drop in prices that many budding house owners were hoping for in 2021.
Some may therefore prefer to not wait for any potential downturn in the market and just go for it and purchase the Spanish property of their dreams as the downturn may not happen
But what’s a normal price to pay for a property? This of course depends on numerous factors but Spain’s Property Appraisal Society recently shed some light on what you can expect to pay for a 90 square meter home in Spain – approximately the average size of a residential flat – depending on whether it’s completely new or it’s second hand
According to Spain’s Property Appraisal Society, the average price of a new home in Spain so far in 2021 is €223,380 and for a used property in Spain, the price is an average of €163,440
It should be noted that some regions of Spain are more expensive to purchase property in for example you will get more for your money in the Costa Blanc than you would in the Costa Del Sol
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