Cheap homes in Spain: where it is possible to buy houses for less than 100,000 euros

2022-06-29 09:42:30 By : Ms. Sophia Huang

Buying an apartment that is owned by the bank or moving out of big cities are some of the alternatives to be able to buy a relatively affordable home, even for less than 10,000 euros.The price of housing continues to rise and, during the month of May, the registered boom was up to 8.4%, according to the latest data published by the approved appraisal company TINSA.This is bad news for those citizens who plan to buy a home in a short period of time, which is also added to the rise in mortgage interest rates.However, there are some alternatives so that they can get more affordable prices.What are the cheapest houses?It is clear that not everyone has the same perception of what is expensive and what is cheap.What a citizen assumes as cheap or expensive is not the same as what another assumes.However, in this article we want to guide those who are looking for a relatively affordable home, so that they know where to find them or how to look for them.They are a very good option for those who do not want to spend a large amount of money on a home that does not fully suit their tastes.There are more and more offers in this regard and of better quality.Also, being cheap doesn't always mean bad;On the contrary, there are high-quality prefabricated houses with relatively low prices that, in addition, you can customize to your liking.Although it is true that the price of this type of housing depends on several factors such as the living area (m2), the finishes and materials with which it is made, the design, energy efficiency and the works that have to be carried out in it to be able to have all the necessary services (electricity, water, etc.).A clear example of the balance between quality and price are the modular prefabricated houses that the Spanish company Tiny House has put up for sale.According to the Idealista real estate portal, one of its most attractive models consists of two floors, with two bedrooms on the upper floor, and is also sustainable: all its appliances have an A+ energy rating.The sale price of this modular home is 50,000 euros, but they have others for just over 40,000 euros.If what you are looking for is an even more affordable prefabricated house, Amazon has released a new collection of homes whose prices range from 2,500 to 4,624 euros.In this case, the dimensions of the house are also minimal, about 6 square meters, and the materials withstand less extreme conditions than in the case of the Tiny House house.Finding a home for sale that is owned by a bank and that fully suits your needs could be said to be a luxury."In addition to being able to opt for financing of up to 100% of the value of the home by the entity in question, the purchase and sale procedures are much faster and, as if that were not enough, the prices of this type of house are also more affordable," says Simone Colombelli, director of Mortgages at iAhorro.The question now is how to find them.Among the main real estate agencies in Spain that sell bank flats are Aliseda-Anticipa, Altamira, Haya Real Estate or Solvia.The first of these, Aliseda-Anticipa, sells Banco Santander flats throughout Spain and its products range from luxury villas to apartments for less than 100,000 euros.Altamira is another of the real estate agencies that works with Santander and has more than 12,000 homes for sale or rent for all types of buyers: their prices range from 6,000 euros to 2.7 million euros.For its part, in the midst of the summer campaign, from the beginning of June to August 31, Haya Real Estate and Cajamar have launched a campaign with discounts of up to 35% on the price of homes, garages, storage rooms, premises commercial, offices and land in different degrees of development.These are located, above all, in the Valencian Community, Andalusia and Murcia.One of the banks that trusts Haya Real Estate is BBVA, which has almost 5,000 homes for sale, some for less than 10,000 euros.Finally, Solvia is another of the most powerful real estate agencies at the national level and has properties for sale whose prices range from 4,000 euros to almost seven million euros.Undoubtedly, the place where you are going to buy the house influences the purchase price of it.So much so that living in Madrid or Barcelona is not the same as living in Albendas or Badalona.So much so that, according to the Idealista price index, the provinces of Valencia, Toledo and Granada concentrate the largest number of towns with homes for sale for less than 1,000 euros per m2.And, in addition, the Toledo municipality of Alcaudete de la Jara (316 euros/m2) continues to be the most affordable in Spain, followed by the Cordobans of Fuente Obejuna (341 euros/m2) and Belmez (370 euros/m2).If you are willing to repopulate the emptied Spain, the opportunities for cheap housing in rural areas are endless.There are even municipalities that offer housing for a modest price per month in exchange for you living there and, in addition, they offer you a job.For example, in the town of Santo Tomé (Jaén), which has just 50 inhabitants, rental homes are offered for just 100 euros per month, with the only condition of promoting the main businesses in the area: agriculture and tourism. .With regard to purchase prices, just 43 kilometers from Burgos capital is the town of Poza de la Sal, where there are homes for sale from 30,000 euros.The new owners will also be able to access numerous entrepreneurship grants, housing rehabilitation and school and medical aid thanks to the HolaPueblo initiative.The condition of the home is another factor that greatly influences the purchase price: new construction, second-hand in good condition or second-hand to reform.In the case of the last option, despite the fact that in addition to meeting the cost of the house itself, the future owner should also bear the costs of the subsequent reform.In some cases, this process is more expensive than buying a home fit to live in from minute one, but in others it can be much cheaper.Idealista has compiled on its website more than 2,000 apartments with dimensions greater than 120 square meters and more than three bedrooms that are to be renovated and whose price does not exceed 50,000 euros.In this case, they stand out from the real estate portal, in addition to the money you could save, another of the most important factors is that you can make the home a space completely adapted to your needs.Information.Calle Canarias nº 49, 1st floor.Madrid, 28045, SpainAlso follow us on:Information.Calle Canarias nº 49, 1st floor.Madrid, 28045, SpainInformation.Calle Canarias nº 49, 1st floor.Madrid, 28045, Spain

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