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Ten properties in Spain you can buy for just €60k

You may not be able to get a penthouse in central Madrid, but with a budget of €60,000 to spend in Spain, it's possible to find a countryside retreat or even an apartment with a sea view.

Ten properties in Spain you can buy for just €60k
A room with a view in Cenes de la Vega, Granada. Credit: Idealista

Perhaps you're savvy with design and have an eye for interiors, or maybe your just a fan of the Spanish style. In either case, you may find something in this list of ten homes that tickles your fancy, so have a nosy through the pictures and see what €60,000 can buy you in Spain. 

Los Navalmorales, Toledo

The inside of this 89m²detached house in Los Navalmorales seems a little old-school, but for those with a need to get away from the hussle and bussle of city life, it could be perfect. Just a few kilometres away from Cabañeros National Park, this one bed, two bath house would be a great base for practicing outdoor sports like hiking, offering privacy as well as great countryside views.

Price: €55,000


Vistahermosa, Alicante

You might need some imagination and hard work to help this space find its charm, but the selling point of this studio, which is located on the beach of Albufereta, are the stunning sea views. The price has just been dropped, meaning this property now sits below the €60K budget.

Price: €57,000


Benaguasil, Valencia

This modern two bed flat in Benaguasil, in the Community of Valenica, is an almost brand-new build full of light and potential. It is 57m² with one bathroom with a fully fitted kitchen, double glazed windows and built in AC.

Price: €60,000


Aldaea de Carles, Tarragona

This 80m² two bed, two bath terraced house in Alfara de Carles, not far off the coast, may seem a bit gloomy at first, but the naked brick walls and spiralling staircase give it some serious George Clarke’s Amazing Spaces style cosy-living prospects.

Price: €51,000


San Quirze de Besora, near Barcelona

Located close to the city of San Quirze de Besora this two bed house with wooden beams  could be turned into a charming home for a small family with a bit of thoughtful decoration.

Price: €52,390


Fuente Álamo, Murcia

Situated in a rustic, homely pueblo in Murcia, this one bed 48m² flat is part of a complex that shares a pool and views of mountain ranges in the distance. The space is light and airy with a balcony, and the location isn’t too far from the port city of Cartagena.

Price: €48.600


Segura de Leon, Bajadoz

True, the interior of this newly constructed house in Segura de Leon is a little dated, but it is located on a charming little street with a shared swimming pool and a small garden. The one bed, two bath house is situated in a small municipality in Extremadura which is surrounded by countryside and about equal distances from Bajadoz and Seville.

Price: €54,600


Coriño, A Coruña

Although the Spanish-style interior design of the traditional farm house is certainly not for everyone, the colourful exterior, surrounded by trees and greenery could just be enough for fans of countyside living with an eye for interior improvements. With 270m² of land and three bedrooms, this property could be perfect for a family in search of privacy and an escape to the country.

Price: €46,000


Santa Cruz, Tenerife

There is no doubt that this flat in Santa Cruz, Tenerife, is colourful. Comprising of three bedrooms, one bathroom and 88m², this rainbow residence offers an opportunity to live just minutes from downtown Santa Cruz with a balcony overlooking the sea, perfect for coastal living.

Price: €60,000


Cenes de la Vega, Granada

With views of the mountains, this two-bed flat Cenes de la Vega is light and airy. A garage and storage room are included in the price. Just 10 minutes’ drive from Sierra Nevada national park, this 70m² property could be just the thing for lovers of walks through the countryside with spectacular views.  

Price: €54,000


List compiled by Alice Huseyinoglu

READ ALSO: 10 point guide to buying property in Northern Spain

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REVEALED: The cheapest most in-demand areas in Spain to buy a house

If you're considering making the move and buying property in Spain, but don't fancy purchasing in a rural village in the middle of nowhere, you should know where the cheapest, most in-demand parts of the country are.

REVEALED: The cheapest most in-demand areas in Spain to buy a house

If you’re thinking about relocating, Spain is a fantastic place to do it. Foreigners have been moving to Spain for decades, not only for its fantastic food and weather, along with a laid-back lifestyle, but housing is generally affordable – if you know where to look.

Though the rise in the Euribor has sent interest rates spiking, house prices in Spain are expected to flatten somewhat in 2023 and it could be a good year to find a bargain, depending on your financial situation.

Knowing what type of house you want and where in Spain you want to live is one thing, but knowing the cheapest, yet most in-demand parts of the country could really help you narrow down your search.

Fortunately, Spain’s leading property website Idealista has put together a list of the most ‘in demand’ municipalities of Spain and where you can find the most expensive and, more importantly for the house hunters among us, the cheapest municipalities of Spain to buy property.

It’s based on data from the last quarter of 2022 and is the average price of housing in towns with more than 1,300 sale announcements and costs valued at more than €1,100 per square metre. 

You can find the ten cheapest areas of Spain to buy property by average price below, but it’s worth noting that Idealista did these rankings by average price across the entire municipality, so there are likely individual towns and villages dotted around Spain where prices are significantly lower.

That said, this list gives you a good idea of the areas to look out for.

READ ALSO:  What will happen with property prices in Spain in 2023?

The 10 cheapest municipalities in Spain to buy property 

Santa Pola (Alicante) – Santa Pola, in the Alicante province, is the cheapest most in-demand municipality to buy a house, according to Idealista’s rankings. The average price for a house in Santa Pola costs just €151,796, though this may come as a surprise given its prime location in a foreign hotspot on the sought-after Costa Blanca. The main town of Santa Pola itself is a small beachfront community with a population of around 35,000. It also has a large foreign population and is a short drive or bus away from both Alicante and Elche.

Ourense (Galicia) – Next on the list is Ourense in Galicia where the average price is €154,941. The municipality is home to several towns and villages, surrounding the main medium-sized town of Ourense itself in southern Galicia. The town has a population of around 105,000 and is a little over an hour’s drive from both Santiago de Compostela and the coastal city of Pontevedra.

Oviedo (Asturias) – Third on the list is the municipality of Oviedo where you’ll pay an average of €154,968 for a property. Another area in northern Spain, the main city Oviedo itself, which is the capital of Asturias and has a population of 220,000. It sits between Cantabrian mountains and the Bay of Biscay. It’s known for its picturesque medieval old town and impressive architecture. 

Jerez de la Frontera (Cádiz) – Properties cost an average of €155,563 in the municipality of Jerez de la Frontera, or Jerez as it’s commonly referred to. It’s located in the Cádiz province of Andalusia and is a real piece of ‘traditional’ Spain. Jerez city is a decent-sized place with a little over 200,000 people and is known for horses, flamenco dancing and sherry, as well as the Alcázar de Jerez, an 11th-century fortress that harks back to Andalusia’s Moorish past.

READ ALSO: Is it better to buy or rent in Spain right now?

Torrevieja (Alicante) – Another municipality in Alicante and another incredibly popular with foreign homeowners. Properties here go for an average of €155,787. Torrevieja itself has a population of 82,000 and is another coastal town, but also has nature trails and salt plains nearby.

Murcia (Murcia) – Murcia is often overlooked, wedged between Alicante and Andalusia, but you could grab a bargain here with average prices of €157,119. Murcia capital is a bustling city of almost 450,000 people, and is strategically placed for trips to the Costa Blanca, Costa Calida, Costa del Sol, and Costa de Almeria.

Parla (Madrid) – The municipality of Parla lies just 20km south of Madrid and the town of the same name is home to 130,000 residents. It’s a great commuter area for those who work in Getafe or the capital. A house here costs an average of €160,652. 

Salamanca (Castilla y León) – The municipality of Salamanca surrounds the capital of Salamanca in Castilla y León in northwestern Spain. Buying a property in this area costs an average of €162,909. The main city of Salamanca is known for its university, which is the oldest in Spain and dates back to 1218. Understandably, much of Salamanca’s roughly 150,000 residents are students, which gives the town a lively atmosphere.

Burgos (Castilla y León) – Another northwestern Castilla y León municipality, is Burgos has around, where you can buy a house for just €163,164. The city of Burgos has around 180,000 inhabitants and is known for its medieval architecture and grand cathedral. 

Dos Hermanas (Sevilla) – The second most populous municipality in the province of Seville, properties cost an average of €163.274 here. The Andalusian town is just 15km south of Seville, making it great for commuters or those who want plenty of culture nearby.