The area with the highest price in Andalusia is also found in Marbella. This is Los Monteros, where the price per square meter is 5,392 euros.
Four neighborhoods in Marbella and Estepona are among the ten most expensive in Spain to buy a home, according to the ranking compiled by the “Idealista” portal, which shows that most of the ten most expensive neighborhoods are located in Andalusia. Although the first place is occupied by Las Salinas, in Roquetas de Mar (Almería), which has seen the price of its homes increase by 46.3% in the last two years, Nagüeles, located in the municipality of Marbella, is also stands out in the list. (41,2%).
The other three districts in the province of Malaga with the highest price increases are Las Brisas (38.1%) and Bello Horizonte-Lindasol (34.1%) in Marbella, and Guadalmansa (33.8%) in Estepona . The most expensive area of Andalucia is also found in Marbella. This is Los Monteros, where the square meter costs 5,392 euros.
Madrid and the Basque Country, with the highest prices in Spain
By region, Madrid and the Basque Country have the highest house prices in the country, but Andalusia has seen the highest increases during the pandemic.
The most expensive area in Spain is the Recoletos district in Madrid, where the price per square meter is 8,448 euros and has remained practically stable since September 2019, with a slight increase of 0.7% over this period.
Miraconcha, in San Sebastián, is the second most expensive district in Spain, according to idealista, although in these two years the price has fallen by 6.2%, to 7,251 euros.
Los Jerónimos, in Madrid, and Área Romántica, in San Sebastián, are also among the areas with the highest prices, with respectively 6,917 euros and 6,896 euros per square meter.
Although Madrid and San Sebastián are at the top of the ranking, Barcelona is also among the most expensive areas, with the neighborhoods of Pedralbes and Les Tres Torres, although in both cases the price has fallen since 2019, with a decrease of 3.7% and 1.8%, respectively.
In Golf Guadiana, in Badajoz, the price per square meter of housing stood at 1,014 euros, after having increased by 41.4% since 2019. In the neighborhood of La Concepción, located in Cartagena (Murcia), the price per square meter increased by 41.3% to reach 1,317 euros.
Idealista has made the comparison between September 2019 and September 2021 prices, to avoid any distortion during the pandemic months.