The city of Alicante Vila Joiosa It is the fifth cheapest coastal town in Spain to buy a house, while Benicarló (Castellón) ranks 11th, Gandía (Valencia) 18th, Vinaròs (Castellón) 22nd and Oropesa del Mar (Castellón) 25th, according to a study by ‘pisos.com’.
On the other hand, in the list of the 25 most expensive coastal cities in the country to buy a house, the cities of Alicante Calp and Benidorm in positions 19 and 25, respectively, with none from the Valencian Community in the main positions.
Among the cheapest, an apartment in La Vila Joiosa costs 97,309 euros (1,081 euros/m2) on averageaccording to data collected by the real estate portal last July. In the same month of 2021, it was higher: 162,129 euros (1,801 euros/m2).
In Benicarló, a house currently costs an average of 115,348 euros (1,282 euros/m2), while in July 2021 it was 101,619 euros (1,129 euros/m2).
In GandiaBecoming a homeowner this summer costs an average of 134,134 euros (1,490 euros/m2), a price that in July 2021 was 98,135 euros (1,090 euros/m2).
In Vinaròs it costs 136,962 euros (1,522 euros/m2) compared to 110,902 euros (1,232 euros/m2) in July 2021. And in Oropesa del Mar, 138,294 euros (1,537 euros/m2) compared to 122,628 euros (1,363 euros/m2) three years ago.
As for the most expensive coastal towns, an apartment in Calpe costs an average of 319,344 euros (3,548 euros/m2) this summer, while in July 2021 this price was 201,946 euros (2,244 euros/m2).
In Benidorma house costs 287,239 euros this summer (3,192 euros/m2) compared to 222,608 euros (2,473 euros/m2) three years ago.
The real estate portal points out that coastal homes have suffered a significant price increase in recent years, in many cases exceeding 40%.
The most expensive of the Balearic Islands
In July of this year, the five most expensive coastal locations to buy a typical house 90 square meters They were concentrated mainly in the Balearic Islands.
The ranking of the five most expensive is as follows: Formentera (931,863 euros), Santa Eulària des Riu (699,002 euros), Sant Antoni de Portmany (518,620 euros), Marbella (502,112 euros) and Sitges (468,605 euros) .
This price increase has been unevenly distributed throughout Spain. In the case of the most expensive locations, buying a house in Formentera is 10.9% more expensive than in 2021, while in Santa Eulària des Riu the increase reaches 47.7%, a case similar to that of Sitges (+30.83%) or Sant Antoni de Portmany (+38.99%).
So, the “top 5” of the most expensive coastal cities three years ago looked like this: Formentera (840,035 euros), Zarautz (487,957 euros), Santa Eulària des Riu (473,248 euros), Sant Antoni de Portmany (375,838 euros). and Sitges (358,181 euros).
The cheapest ones are getting more expensive from 2021
On the other side of the scale are some coastal areas that have much more affordable prices, below 100,000 euros.
In 2024, the “Top 5” Cheapest Coastal Destinations It looks like this: Burela (79,882 euros), Adra (83,530 euros), Ferrol (86,111), Viveiro (96,934 euros) and La Vila Joiosa (97,309 euros).
In this case, increases in real estate prices are also present, since the cheapest coastal cities in 2021 were Ferrol (68,881 euros), Burela (68,951 euros), Adra (79,404 euros), Viveiro (90,722 euros) and Vilagarcia de Arousa (92,397 euros). euros).
“The price of housing is on an upward trend due to the lack of supply and growing demand. This situation, which has been brewing for years, is particularly present in coastal areas with high demand such as those mentioned, where it is increasingly difficult to find housing for less than 300,000 euros,” summarises the director of studies at ‘pisos.com’, Ferran Font.
