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PROPERTY

Ten properties in Spain you can buy for just €60k

You may not be able to get a penthouse in central Madrid, but with a budget of €60,000 to spend in Spain, it's possible to find a countryside retreat or even an apartment with a sea view.

Published: 26 June 2019 14:08 CEST
Ten properties in Spain you can buy for just €60k
A room with a view in Cenes de la Vega, Granada. Credit: Idealista

Perhaps you're savvy with design and have an eye for interiors, or maybe your just a fan of the Spanish style. In either case, you may find something in this list of ten homes that tickles your fancy, so have a nosy through the pictures and see what €60,000 can buy you in Spain. 

Los Navalmorales, Toledo

The inside of this 89m²detached house in Los Navalmorales seems a little old-school, but for those with a need to get away from the hussle and bussle of city life, it could be perfect. Just a few kilometres away from Cabañeros National Park, this one bed, two bath house would be a great base for practicing outdoor sports like hiking, offering privacy as well as great countryside views.

Price: €55,000

FULL PROPERTY DETAILS HERE

Vistahermosa, Alicante

You might need some imagination and hard work to help this space find its charm, but the selling point of this studio, which is located on the beach of Albufereta, are the stunning sea views. The price has just been dropped, meaning this property now sits below the €60K budget.

Price: €57,000

FULL PROPERTY DETAILS HERE

Benaguasil, Valencia

This modern two bed flat in Benaguasil, in the Community of Valenica, is an almost brand-new build full of light and potential. It is 57m² with one bathroom with a fully fitted kitchen, double glazed windows and built in AC.

Price: €60,000

FULL PROPERTY DETAILS HERE

Aldaea de Carles, Tarragona

This 80m² two bed, two bath terraced house in Alfara de Carles, not far off the coast, may seem a bit gloomy at first, but the naked brick walls and spiralling staircase give it some serious George Clarke’s Amazing Spaces style cosy-living prospects.

Price: €51,000

FULL PROPERTY DETAILS HERE

San Quirze de Besora, near Barcelona

Located close to the city of San Quirze de Besora this two bed house with wooden beams  could be turned into a charming home for a small family with a bit of thoughtful decoration.

Price: €52,390

FULL PROPERTY DETAILS HERE

Fuente Álamo, Murcia

Situated in a rustic, homely pueblo in Murcia, this one bed 48m² flat is part of a complex that shares a pool and views of mountain ranges in the distance. The space is light and airy with a balcony, and the location isn’t too far from the port city of Cartagena.

Price: €48.600

FULL PROPERTY DETAILS HERE

Segura de Leon, Bajadoz

True, the interior of this newly constructed house in Segura de Leon is a little dated, but it is located on a charming little street with a shared swimming pool and a small garden. The one bed, two bath house is situated in a small municipality in Extremadura which is surrounded by countryside and about equal distances from Bajadoz and Seville.

Price: €54,600

FULL PROPERTY DETAILS HERE

Coriño, A Coruña

Although the Spanish-style interior design of the traditional farm house is certainly not for everyone, the colourful exterior, surrounded by trees and greenery could just be enough for fans of countyside living with an eye for interior improvements. With 270m² of land and three bedrooms, this property could be perfect for a family in search of privacy and an escape to the country.

Price: €46,000

FULL PROPERTY DETAILS HERE

Santa Cruz, Tenerife

There is no doubt that this flat in Santa Cruz, Tenerife, is colourful. Comprising of three bedrooms, one bathroom and 88m², this rainbow residence offers an opportunity to live just minutes from downtown Santa Cruz with a balcony overlooking the sea, perfect for coastal living.

Price: €60,000

FULL PROPERTY DETAILS HERE

Cenes de la Vega, Granada

With views of the mountains, this two-bed flat Cenes de la Vega is light and airy. A garage and storage room are included in the price. Just 10 minutes’ drive from Sierra Nevada national park, this 70m² property could be just the thing for lovers of walks through the countryside with spectacular views.  

Price: €54,000

FULL PROPERTY DETAILS HERE

List compiled by Alice Huseyinoglu

READ ALSO: 10 point guide to buying property in Northern Spain

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RENTING

When’s the best time of the year to start renting in Spain?

Certain times of the year are better than others to find a rental property, and what can be considered the 'best' time depends on whether you're a prospective tenant or landlord and whether you're looking for affordability or options.

Published: 1 July 2024 12:31 CEST
When's the best time of the year to start renting in Spain?

With rents in Spain soaring in recent years and affordable rental properties in high demand, finding a place to live can seem like a struggle.

This is especially true if you live in one of Spain’s major cities like Madrid, Barcelona or Valencia, where demand is high, supply low, and prices rising.

Knowing when in the year is the best time to rent could help you find a place. But is there a ‘best’ time of year? And what about landlords wanting to rent out their properties?

READ ALSO: The best websites to find student housing in Spain

Although it’s difficult to say there’s a definite ‘best’ time of year to rent, when in the year you should start renting does depend on a few factors. Where in Spain you’re looking, of course, matters because in big cities there will be a surge in availability at certain times of year, whereas in smaller towns there will be less on offer but likely apartments sitting empty year round.

You also need to consider what ‘best’ really means. Does it mean best in terms of availability and opportunity, or in terms of finding the cheapest rents?

September renting season

In Spain as around the world, September seems to be considered ‘best’ time of the year to start renting in terms of availability. It’s the end of summer, and the beginning of a new academic and work year. In terms of the rental market, September in Spain is, like in many countries, the beginning of a new cycle. 

Students tend to try to find a flat in time for the new academic year, which is usually sometime towards the end of September. As such, many begin their search in August or early-September in order to avoid last minute panics and rushes as everyone tries to do the same thing.

Experts say this demand grows even more during the second fortnight of the month as people begin to panic a bit and step up their search.

Generally speaking, rental price data shows that the demand for rental accommodation grows annually during the fourth quarter of the year – that is, in October, November and December. For this reason, it is advisable to try and secure your contract by September and not to do so in that final stretch of the year, when higher demand leads to paying up to €35 more per month on average, according to data cited by El Español.

For example, in Catalonia, the average rental price in 2022 was €779.84 per month, but price records show there was a significant upturn in the fourth quarter of the year, to an average of €815, according to data from the Institut Català del Sòl (Incasòl). Of course, in July 2024 prices will be significantly more than that, but this end of year price squeeze trend is clear.

READ ALSO: ‘The Hunger Games’: Two million university students in Spain fight to find a room

While busiest of course means more competition, it can also mean more opportunity. Due to the fact many people are house hunting in September, it also means it’s the time of year when swathes of one-year leases are up. This is especially true in student areas, as well as properties that cater to seasonal or yearly contracted English teachers and language assistants, and areas close to hospitals and health centres.

So, in terms of renters, getting your apartment by early September seems a smart thing to do in order to avoid the mad rush of students searching for a place to live. You’ll need to be dedicated in your search, but it’s also when there’s likely to be the most apartments freeing up, and doing anything before September seems less likely anyway.

Keep in mind that this is Spain we’re talking about, and during the summer months (in August especially) nobody is really doing much of anything and you may struggle to get potential landlords to even answer the phone, even if their property is advertised online.

Early in the year

However, in terms of finding the most affordable rents, there’s an argument that it’s from January onwards.

Many landlords who didn’t manage to rent their properties during the year tend to adjust prices downwards in January. Some also take advantage of this period to renovate their properties, making them more attractive.

This means that from January until the arrival of spring, say March/April, if you’re lucky you can find cheaper offers, but keep in mind there will probably be less properties on the market overall.

What about renting your property?

If you’re a landlord, however, waiting for the September (or better, January) rush seems a sensible thing to do if you’re trying to earn a little more income. Data from the Google Trends tool cited by rental website Rentuos, for example, shows the highest level of traffic for the keyword “rent flat Barcelona” is concentrated between the end of August and the end of September.

If you’re a landlord, capitalising on this period, or perhaps even waiting a little longer until demand is even higher and supply significantly lower, could be the way to go.

It’s also true that many landlords will try to take advantage of this and renew their contracts every year during the rush periods. In that sense, the ‘best’ time of year to rent seems to be September for both renters and landlords. 

READ ALSO: Has Spain’s Housing Law completely failed to control rents?

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