The price of housing in Spain continues to be one of the factors that make it difficult to find a house or apartment. These costs have been skyrocketing for months and, at the moment, A decrease is not envisaged either. of them in the short term.
In this scenario, potential buyers are forced to wait, opt for renting, even though in some cities it is also expensive, or apply for financial assistance for housing.
However, there is an exception that proves the rule and in our country you can find it provinces, cities and towns where housing is much cheaper. An example could be Asturias, where the cheapest square meter is around 540 euros. In Toledo, there are also some municipalities where the square meter barely exceeds 300 euros, although these are rare examples.
In this article we move in the Canary Islands to know which is the cheapest municipality to buy a house. Through studies and portals for buying, selling and renting vases and apartments, we explain what this place is and what prices we can find.
Las Palmas, the cheapest province in the Canary Islands to buy a house
Of the two provinces found on the islands, LAs Palmas It turned out that the average price per square meter is the lowest, since it is 2,539 euros. Santa Cruz de Tenerife, for its part, has an average of 2,657 euros per square meter. This data is based on the report on sales prices of homes in the Canary Islands from idealista.com, referring to March 2024.
This means that Las Palmas is 149 euros below average of the price per square meter in the Canary Islands, the community, where it is indicated that it costs 2,539 euros in these parameters. Regarding the national average, it would be above, since it amounts to 2,079 euros per square meter.
Which city in the Canary Islands has the cheapest accommodation?
However, the cheapest city in the Canary Islands remains in the hands of the other province, because, as for average prices per square meter, in Santa Cruz de Tenerife We found a municipality whose price per square meter is lower than that of the cheapest city of Las Palmas.
In other words, the city with the cheapest housing in Las Palmas is Moya, with an average of 997 euros per square meter, but the cheapest house, found on Apartments.com, costs 56,420 euros per 129 square meters, which gives a price of 437 euros per square meter. But the cheapest city of Santa Cruz de Tenerife, Icod de los Vinos with an average of 1,008 euros per square meterhas a cheaper house than Moya: 32,000 euros for a 100 square meter house, which gives us 320 euros per square meteralso according to data from Apartments.com.
House of 100 square meters for 32,000 euros in Icod de los Vinos
So, the cheapest city in the Canary Islands to buy a house is La Vega de Icod de los Vinos, because there is a 100 square meters for 32,000 euros. Of course, it should be noted that this house is recommended for buyers willing to renovate it, as it is an old construction. Its 100 square meters are divided into three bedrooms and a bathroom, and the street on which it is located offers views of the sea.
