The situation of housing in Spain is increasingly critical And the constant rise in land value is making many families and people find difficulties when buying a new house or facing the payment of a mortgage. The average square meter price, which It has reached 2,311 eurosaccording to him Last report published by IdealistaIt is a sign of an inaccessible real estate market for many pockets.
This has been especially noticed in autonomous communities such as the Balearic Islands or the Community of Madrid, the two most expensive in the country. However, the increase in prices has also been reflected in the south and Andalusiaafter a interannual increase of 13.3 %has reached 2,390 euros on average. Within this, Malaga stands out as the most expensive and its municipality with the highest cost is Marbella, where the price of the square meter is 5,104 euros.
The most expensive neighborhood in Malaga
The city of Malaga It has also experienced during the last year an increase in the price of housing, specifically 20.3%. This has made the value of the land in the city of the Costa del Sol rise to the 3,320 euros per square meter. In it, there are areas to buy a house can be impossible task due to its high prices, such as the Eastern District, Center or Cádiz road. In the latter is the most expensive neighborhood of the Andalusian municipality.
It’s about Finca El Pato-Torre del Ríowhere there has been a 38.2% increase in the cost of the house, reaching the 6,631 euros/m2 on average. If a housing of 150 square meters is established as a base measure, a property of these characteristics would have an approximate price of 994,650 eurosalthough this will also depend on other factors such as the state of the same or the area in which it is located.
