Where It’s Still Affordable to Buy a Home in Spain

Despite the noticeable rise in housing prices in Spain in recent years, there are still regions in the country where buying property remains relatively affordable. According to a study by the money transfer service Remitly, some provinces offer more favorable conditions for purchasing a home due to moderate prices, active construction, and low interest from foreign investors.

When compiling the ranking, analysts considered several factors at once: price per square meter, the number of new homes built per тысячу жителей, the availability of unsold housing, price dynamics, and the share of foreign buyers. As a result, a list of ten provinces was formed where it is easiest to purchase real estate.

The leader of the ranking is the province of Almería. This Andalusian province scored 7.79 out of 10 thanks to relatively affordable prices (around €1,487 per square meter) and a large amount of new housing. In addition, relatively inexpensive housing here is combined with a high quality of life, making the region especially attractive to buyers.

Second place goes to Murcia with a score of 7.37. Here, the price per square meter is around €1,388, and price growth remains moderate — about 4.8% per year.

Third place is taken by Palencia (7.09). This is one of the cheapest provinces in Spain, with prices around €1,230 per square meter. Foreign buyers show little interest in Palencia, accounting for only about 2.8%. Girona received the same score. Although the price per square meter here is higher than in most regions in the ranking (€2,176), moderate price growth and active construction of new housing help maintain relatively favourable conditions for buyers.

Fifth place is occupied by Lleida (6.9). In this Catalan province, housing remains relatively affordable. The average price per square meter is about €1,244, which is significantly lower than in the country’s major cities.

Sixth place goes to Valladolid (6.67). The province stands out for its high number of building permits (about 63 per thousand residents) and low activity from foreign buyers (around 4.5%), which reduces pressure on the housing market.

Next is Alicante (6.55). Despite higher prices (€2,024 per square meter) and a noticeable increase in housing costs (18.8%), the region remains relatively accessible thanks to a large number of new construction projects.

Eighth place is taken by Castellón (6.36). Here, the availability of unsold new homes plays an important role — about 5.2% of housing remains on the market, helping to contain price growth.

The ranking is completed by Huesca and Soria (6.32 each). In Huesca, moderate price growth (5.6%) and active construction support housing affordability, while Soria stands out for having the highest number of new homes being built in the country — about 51 per thousand residents.