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Date Published: 11/03/2024

The beautiful Murcia town where you can buy a house for less than 20,000 euros

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While housing prices in the Region of Murcia are climbing, there are still several areas where savvy investors can get a steal

The beautiful Murcia town where you can buy a house for less than 20,000 euros

As the housing market in Spain continues to experience a sharp rise in prices, the Region of Murcia stands out as a beacon of hope for those seeking affordable housing options. With prices per square metre significantly lower than the national average, many municipalities in the Region offer the chance to purchase homes at unbeatable prices.

However, demand in the Region is growing steadily, and housing prices have risen by a staggering 7.2% compared to last year. But while the days of Murcia being a hidden gem with lower property prices may be numbered, there is still a handful of places where savvy investors can get some real bang for their buck.

Leading the pack is the picturesque municipality of Bullas, which is just 62 kilometres away from Murcia city. With house prices well below the regional average, it's possible to find homes of up to 100 square metres for less than 20,000 euros.

This little pocket of paradise offers not only affordable housing but also a great quality of life, making it an ideal choice for those looking to invest in real estate without breaking the bank.

Bullas isn't alone in offering budget-friendly property. Other municipalities in the north of the Region of Murcia, such as Cehegín, Las Torres de Cotillas, Alguazas, Yecla, Lorquí, Jumilla, Abarán and Caravaca de la Cruz, boast similarly affordable prices. Each of these towns has its own unique charm and attractions, ranging from historical and cultural richness to peace and natural beauty.

Caravaca de la Cruz, for instance, is renowned for its historical and cultural heritage, making it an appealing destination for those interested in exploring Spain's past. Yecla, on the other hand, offers a more tranquil atmosphere, providing the perfect setting for a relaxed lifestyle.

As housing prices in Spain continue to soar, the Region of Murcia continues to offer a welcome relief with its affordable housing options. Whether you're looking for a holiday apartment, a place to call home permanently or an investment property, the municipalities in Murcia provide an attractive alternative to the costly housing market found elsewhere in the country.

House prices per square metre in the Region of Murcia March 2024

Region of Murcia average €1,205/m2
Abarán €665/m2
Águilas €1,244/m2
Alcantarilla €805/m2
Alguazas €568/m2
Archena €624/m2
Beniel €696/m2
Bullas €450/m2
Caravaca de la Cruz €648/m2
Cartagena €1,191/m2
Cehegin €570/m2
Ceuti €685/m2
Cieza €882/m2
Jumilla €639/m2
La Manga del Mar Menor €1,747/m2
La Union €911/m2
Las Torres de Cotillas €801/m2
Lorca €1,094/m2
Lorqui €625/m2
Los Alcázares €1,444/m2
Mazarrón €/1,417m2
Molina de Segura €970/m2
Murcia city €1,269/m2
Puerto Lumbreras €800/m2
San Javier €1,554/m2
San Pedro del Pinatar €1,348/m2
Santomera €759/m2
Torre-Pacheco €1,214/m2
Totana €983/m2
Yecla €613/m2

In other news: Rain-free corner of Murcia named the driest spot in Europe

Image: Archive

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