Shorouk Express
The Spanish property market has experienced an upward surge in recent years, with both the purchase and rental prices inflating.
This is especially true in the post-pandemic period, and even truer of the rental markets in Spain’s major cities, where average rents have broken the €1,000/month barrier in many places.
As such, where possible, some may now look at the Spanish market and decide buying a place (or getting a mortgage, at least) might work out better for them in the long-term — before it’s too late.
READ ALSO: 8 stats to understand Spain’s restrictions on foreign property buyers
Obviously, it should be said that location, atmosphere, connectivity, climate and many other considerations factor into these sorts of decisions, but price usually does too.
Fortunately, Spanish second-hand website Wallapop has carried out a new piece of research revealing the Spanish cities with the most affordable properties based on the average price of a three-bedroom house. This gives us an idea of the cities in Spain where you can still buy a three-bedroom flat for under €150,000
The average was calculated by taking the average price of the first three listings of three-bedroom properties that were not classified as ‘top’ or ‘featured’ on the Idealista property website.
All prices were obtained in December 2024.
Advertisement
The cities in Spain where you can buy a three-bedroom flat for under €150,000
Huelva
This lesser known city on Andalusia’s Atlantic coast has an average price for a three-bedroom property of just €112,667, the lowest on Wallapop’s list. It’s also very close to the provincial capital, Seville, which is just 92.5 km away.
Mérida
In second place is Mérida in the neighbouring region of Extremadura. This beautiful city is full of culture and unique landscapes, and average prices are around €126,000, so it’s affordable too.
Ceuta
One of Spain’s autonomous cities in North Africa, if you are looking for a more drastic change and feel like leaving the mainland, you can find a three-bedroom property for around €140,000 there.
Lleida
Lleida in the northern Catalonia region is another good option for buying a cheaper property, with average prices for a three-bedroom flat around €144,334. It’s also relatively close to Barcelona (about 158 km away) for those who want to enjoy the hustle and bustle of the city now and then.
Advertisement
Salamanca
In fifth position is Salamanca, in the region of Castile and León. This city, home to one of the oldest universities in Europe and the tallest cathedral in Spain, has three-bedroom flats with an average price of around €149,960. Salamanca is just 120km from Valladolid and 220km from Madrid for those who want a getaway to the capital.
Cuenca
Known for its iconic Hanging Houses (casas colgadas), Cuenca in Castile-La Mancha has an average price of around €150,000 for a three bedroom place.
It’s known for its old fashioned Manchego charm but is also less than 180 km from Toledo and about 90 minutes from Madrid by train, making it a very well connected city as well as affordable.
