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Is it possible to buy a home in Andalucia for less than €60,000
the General Council of Notaries unveiled new data about the real estate market in 2024
Statistics show that February 2024 witnessed a 10.3 per cent rise in home sales year-over-year
reaching a total of 53,142 properties sold
The average price per square metre increased by 3.5 per cent from the previous year
This upward trend coincides with a notable 12 per cent rise in overall property transactions
single-family homes also saw a growth of 4.5 per cent
and Castilla y Leon showed the highest increases
with growth rates ranging from 21.4 per cent to 23.7 per cent
and Castilla-La Mancha experienced declines of 7.5 per cent
In Spain, where there are over 8,000 towns, some are suffering from a significant population decline
The real estate website Idealista has identified the five cheapest towns to buy a house in Spain in 2024
a town in Cordoba with a population of 10,317
boasts the most affordable housing in Andalucia
Known for its rich mining heritage and significant architectural landmarks
this town offers properties such as a semi-detached house for €38,000
air conditioning but lacks central heating
Another property on Gran Capitan street presents a larger space of 220 square metres with three bedrooms and additional amenities
The local market also features a range of apartments under €100,000
Cordoba province reported an average price of €1,244 per square metre
reflecting modest monthly and quarterly growths of 0.4 per cent and 0.1 per cent
with a current average of €382 per square metre
a decrease of 38.4 per cent from its peak in June 2012
The average property price across Andalucia hit a record high in March 2024 at €2,109 per square metre
This represents significant growth from the previous year
marking an annual increase of 7.1 per cent
and Huelva also showed stable to modest increases
while Malaga topped the charts with an average of €3,143 per square metre
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