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Average house prices in Spain by province in euros

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House_prices


1)

: The map is based on the average price for a house (including apartments) in Spain by province. The figures are based on a house between 80 and 200 square meters. The total number of houses where the card is based at are around 30,000 houses (situation in September 2008). The highest house prices in Spain are found in the provinces of Madrid (in particular the city), Barcelona, Malaga and striking the Basque Country. Cheap areas include Extremadura, Galicia, parts of Castile and Leon and Castile-La Mancha. The lowest price house is located in the province of Zamora about 100.000 euros. It is notable that the entire strip of Mediterranean coastline, including Costa Blanca, Costa Brava and Costa del Sol, (except perhaps Castellon) from Girona to Huelva is relatively expensive compared to the national average. The national average is around 280,000 euros. The Spanish islands (Balearic Islands - Ibiza - Mallorca - Menorca and the Canary Islands - La Palma, Tenerife, Lanzarote, El Hierro, Fuerteventura, Gran Canaria, La Gomera) are relatively expensive. The last year the credit crisis also effects in Spain the real estate sector, housing prices have recently been on a downward trend. This is also due to the large supply of houses in Spain and the high interest rates.

2)

: The second map shows the change in house prices seen in percent between the third quarter of 2007 and the third quarter of 2008. Particularly around the provinces of Madrid showed a decline with the exception of the province of Guadalajara. Some provinces have a substantial increase: Huelva (Costa da Luz) in Andalusia, Ourense in Galicia, Valencia, Tarragona on the coast and the region around San Sebastian (Basque Country). The figures are from the Ministry of housing in Spain.