Spain

Mallorca, Madrid, Malaga and Barcelona, the provinces with the highest residential prices in Spain

Mallorca, Madrid, Malaga and Barcelona, the provinces with the highest residential prices in Spain
MALLORCA LEADS THE RANKING OF HIGHEST MINIMUM PRICES. IN THE PHOTO: PUERTO SÓLLER.

This is one of the main conclusions contained in the report Minimum and maximum prices for housing, prepared by the Real Estate Analysis Institute (INSTAI) of the Euroval appraiser, which highlights that this "pronounced disparity" occurs both at regional and provincial level , and even between the provinces of the same autonomous community.

Mallorca, Madrid, Málaga, Barcelona and the three Basque provinces have the highest minimum residential prices in Spain (in all cases, above 100,000 euros; with Mallorca leading the ranking at 145,000 euros). They are also the seven provinces with the highest maximum prices, although here the range is much more flexible and ranges from 615,000 euros in Mallorca to 320,000 euros in Álava.

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Comparing the average minimum and maximum prices of housing at the national level (123,000 euros and 140,000 euros, respectively) with those registered in each of the autonomous communities, only four of them are in line with the average: Andalusia, Canary Islands, Valencian Community and Navarre. Another nine have average prices below it: Aragón, Asturias, Cantabria, Castilla y León, Castilla-La Mancha, Extremadura, Galicia, Murcia and La Rioja. And another four exceed the average values: the Balearic Islands, Catalonia, Madrid and the Basque Country.

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