Average prices in these Spanish towns and villages do not exceed 500 euros/m2, according to idealista's price report, while the 10 cheapest towns in Spain are located in Castile-La Mancha.
Campo de Criptana in Ciudad Real
Campo de Criptana in Ciudad Real M Peinado Wikimedia cc by 2.0
Editorial Team

The cheapest place to buy a house in Spain is currently in the province of Toledo. Specifically, the village of Alcaudete de la Jara has the cheapest properties when it comes to price per square metre, as homeowners in the municipality ask for an average of 329 euros/m2, according to a study by idealista. Let's have a closer look at the cheapest towns to buy a house in Spain this summer 2022.

The podium of the 5 cheapest municipalities to buy property in Spain is completed by another 4 towns and villages in Castile-La Mancha: Lucillos in Toledo (363 euros/m2), Almadén in Ciudad Real (372 euros/m2), Pulgar (374 euros/m2), also in Toledo, and Campo de Criptana, also in Ciudad Real (398 euros/m2).

With prices below 450 euros per square metre we can also find Horcajo de Santiago in Cuenca (405 euros/m2), Cabezamesada in Toledo (405 euros/m2), Malagón in Ciudad Real (406 euros/m2), Calzada de Calatrava in Ciudad Real (420 euros/m2) and Villacañas in Toledo (425 euros/m2).

Town
ProvinceAverage property price
Alcaudete de la JaraToledo329 euros/m2
LucillosToledo363 euros/m2
AlmadénCiudad Real372 euros/m2
PulgarToledo374 euros/m2
Campo de CriptanaCiudad Real398 euros/m2
Horcajo de SantiagoCuenca405 euros/m2
CabezamesadaToledo405 euros/m2
MalagonCiudad Real406 euros/m2
Calzada de CalatravaCiudad Real420 euros/m2
VillacañasToledo425 euros/m2
BullasMurcia426 euros/m2
CebollaToledo432 euros/m2
Puerto SerranoCádiz436 euros/m2
BembibreLeón437 euros/m2
Miguel EstebanToledo446 euros/m2
Portillo de ToledoToledo459 euros/m2
Peñarroya-PueblonuevoCórdoba460 euros/m2
Villanueva de CastellónValencia461 euros/m2
AjofrínToledo461 euros/m2
MorilesCórdoba467 euros/m2
Pedro MuñozCiudad Real472 euros/m2
Corral de AlmaguerToledo472 euros/m2
SocuéllamosCiudad Real475 euros/m2
La Pobla LlargaValencia478 euros/m2
GerindoteToledo479 euros/m2

The first municipality featured in the ranking which is located outside Castile-La Mancha is Bullas (426 euros/m2), in the region of Murcia. This town is followed by Puerto Serrano in Cádiz (436 euros/m2) and the municipality of Bembibre (437 euros/m2). Among them, two villages once again in Toledo, Cebolla (432 euros/m2) and Miguel Esteban (446 euros/m2), also slip in.

The ranking continues with the municipality of Portillo de Toledo (459 euros/m2) and Peñarroya-Pueblonuevo (460 euros/m2). Next come Villanueva de Castellón in Valencia and Ajofrín in Toledo (both with 461 euros/m2), Moriles in Córdoba (467 euros/m2), Pedro Muñoz in Ciudad Real (472 euros/m2) and Corral de Almaguer in Toledo (472 euros/m2). The last 3 places are occupied by Socuéllamos, in Ciudad Real (475 euros/m2), La Pobla Llarga, in Valencia (478 euros/m2) and Gerindote, in Toledo (479 euros/m2).

The cheapest towns in each autonomous region in Spain

The study carried out by idealista is completed with the most affordable towns in each of Spain's 17 autonomous communities. In addition to the Autonomous Communities with municipalities in the top 25 positions, only one more autonomous region has a market below 500 euros/m2: this is Extremadura, where the cheapest municipality is Arroyo de la Luz in Cáceres with average prices of 487 euros/m2.

Next is the cheapest town in Galicia, O Covelo, in Pontevedra, where owners are asking an average of 512 euros/m2; followed by the Lleida municipality of Bellpuig (533 euros/m2) in Catalonia. Asturias is represented by San Martín del Rey Aurelio (534 euros/m2), while in Aragon we can find Ricla, in the province of Zaragoza (594euros/m2). Meanwhile, in Cantabria, the most affordable municipality is Selaya (638 euros/m2); and in La Rioja, Alfaro (695 euros/m2).

On the other hand, the most expensive region is the Balearic Islands, where the cheapest municipality is Petra, on the island of Mallorca, with an average price of 1,074 euros/m2. Behind it, Oión, in Biscay, is the cheapest in the Basque Country, at 949 euros per square metre. It is followed by Tanque, in Santa Cruz de Tenerife (904 euros/m2), Cadalso de los Vidrios, in Madrid (819 euros/m2) and Castejón in Navarre (777 euros/m2).

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Cheap property in Spain
Spanish villages
Housing prices
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