As can be seen from the indicator used by the real estate portal, 53% of coastal cities have a price higher than the average for Spain as a wholea, which was reached in June 2024 2,327 euros per square meteror. For this reason, great differences arise between the territories, since, for example, a house of 80 square meters in Marín costs around 76,042 euros, compared to the expenditure of 551,866 euros that a house like this requires on average in Ibiza.
The ten coastal cities that top and bottom the list for the highest average purchase prices
It occupies first place in the list of Spanish coastal cities with the highest purchase prices Ibizawith 6,898.8 euros for each square meter. Next comes Andrach, with an amount of 6,672 euros, and Donostia-San Sebastián with 6,298 euros per square meter. Next are Zarauz, Calvià and Santa Eulària des Riu, with average prices ranging from 6,257 to 5,837 euros per square meter. And to round out the 'top 10' are the towns of Sant Josep de sa Talaia, Sitges, Sant Antoni de Portmany and Marbella, which have amounts between 5,647 and 4,942 euros per square meter.
In turn, those who close the 'ranking' because of their lowest prices are Marín, Brurela and Burriana, with a cost price of 1,020 euros per square meter. The next most economical municipalities in terms of house prices are Ferrol, Narón and Lepe, with prices ranging from 1,028 euros to 1,055 euros per square metre. Amposa, Carballo and Torreblanca rise slightly, with average prices between 1,088 and 1,142 euros per square metre. And finally, Adra closes the 'top 10' cheapest municipalities for buying homes on the coast, with 1,182 euros per metre.
In addition, as data shows, prices in Ibiza town, the most expensive on all Spanish coasts, have become more expensive up to 11.2% in one yearIn Marín, where prices are lowest, amounts suffered a decrease of 15.6%the largest in a year.
Coastal house prices are at record highs
Over the last ten years, the price of homes for sale in coastal areas has varied and changed in different situations. At the date of publication of this data, only Galician towns, such as Marín and Buriel, have a house price per square meter lower than 1,000 euros. While on the other hand, there are prices that reach 6,898 euros per square meter, as happens in Ibiza.
As María Matos, the research director and spokesperson for Fotocasa, pointed out to Europa Press, the house purchase prices of the most sought-after municipalities on the coast “they are at their maximum”. According to Matos, this means that “they have never shown a price as high as the current one.”
“The increase in these costs is mainly due to the ask pressure who experiences every place about insufficient supply', the director said. In this sense, she believes that this situation generates 'greater competition' for available housing, which is driven by 'factors such as employment, services, tourism, infrastructure or the search for an improvement in the quality of life'. on the other hand, those municipalities where there is less demand, which are generally rural or have less economic activity, They have more affordable prices to buy houses.
