2023-08-18 14:03:51
With the rise in the price of housing, the increase in mortgage rates due to the rise in interest rates and the loss of purchasing power, buying a house has become a luxury available to everyone, but there are certain areas of Spain where only a few few pockets can afford to buy a house.
The three most expensive streets to buy a home in Spain are on the Costa del Sol, according to a study by the Idealista portal, which places the Coto Zagaleta urbanization in Benahavís at the top, where owners ask for an average of 10,763,937 euros to buy one of their luxurious houses.
In second position is Calle Mozart, located in Marbella, with an average price of 7,940,375 euros, followed by Calle Osa Menor, also in this town in Malaga, with an average home price of 7,175,888 euros.
The fourth and fifth positions are occupied by Camino de la Fuente in the luxurious La Moraleja urbanization and Paseo de los Lagos in the Finca de Pozuelo de Alarcón, both in Madrid, with average prices of 6,928,958 euros and 6,172,508 euros. , respectively.
The sixth most expensive street is again on the Costa del Sol, specifically in the Los Flamingos Golf urbanization, in Benahavís, whose owners ask for an average of 5,760,145 euros for their exclusive homes. It is followed by Paseo del Conde de los Gaitanes, in the Madrid urbanization of La Moraleja, with 5,240,322 euros, Idealista detailed in a statement.
In eighth and tenth place are two streets on the island of Mallorca, all of which cost more than 4 million euros: Paseo del Mar, in Calvià, with an average of 5,152,928 euros, and Riu Guadiana street, also in Calvià, with 4,426,086 euros. In the middle of both, in ninth place, is Calle Ámsterdam in Marbella, with an average price of 5,146,851 euros.
Thus, the 10 most exclusive streets to buy a home in Spain are divided between the Costa del Sol (five), Madrid (three) and Mallorca (two).
The most expensive of each autonomous community
The study also includes a list of the most expensive streets in the seventeen Spanish autonomous communities. In addition to the communities with streets in the top 10 positions, five more autonomies have addresses in which an average of one million euros is exceeded: Catalonia (2,670,689 euros), the Valencian Community (2,637,333 euros), the Canary Islands (1,730. 162 euros), Cantabria (1,353,390 euros) and the Basque Country (1,185,416 euros). On the other side of the coin, the cheapest region is Extremadura, where its most expensive street has an average price of 282,300 euros, followed by Castilla-La Mancha (296,962 euros) and Navarra (390,116 euros).
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