The web portal reviews the most luxurious properties in the community, distributed almost exclusively between Pontevedra and A Coruña, which however has half of those in the Pontevedra province.
Thus, Pontevedra, with 238 homes for sale worth more than 1 million euros, is the province with the most advertisements in this regard, followed by A Coruña, with 115, Lugo, with only 15, and Ourense, with just eight.
Photo: EP
Pontevedra has a total of 238 ads of homes for sale for more than 1 million euros on the real estate portal idealista.com, while A Coruña It has 115. In Lugo There are 15 properties that exceed this price and in Ourenseocho.
Fewer are the advertisements of homes for sale for a value of more than 3 million euros: a total of 18 in the province of Pontevedra, 11 in A Coruña and none in Lugo or Ourense.
The provinces of Málaga, the Balearic Islands, Madrid and Barcelona concentrate 70% of all available homes over one million. In many provinces, with less than 20 homes advertised, their percentage weight is insignificant, which is why they appear as 0.0%.
Spain has, as of August 1, 2023, 40,375 luxury homes on the market with prices exceeding one million euros. The Balearic Islands are the province where the most homes of this type are concentrated, since they represent 23.8% of the total. It is followed very closely by Málaga with 22.5% of the total, and then are the Community of Madrid (12.1% of the total) and Barcelona (11.2%).
Alicante is the fifth province in which the most product accumulates over one million, with 10.7%, followed by Girona with 5.9%. The ranking of the main provinces with the most luxury homes is completed by Cádiz (2.2%), Santa Cruz de Tenerife (2.1%), Valencia (1.8%), Las Palmas (0.9%), Granada and Vizcaya (0.7% in both cases).
On the contrary, the provinces in which the least luxury homes are advertisedAs of August 1, they are Palencia, Soria and Zamora with only one in each. They are followed by Teruel (2), León (4), Guadalajara (5), Cuenca (5), Salamanca (6), Ourense (8), Badajoz (8), Valladolid and Burgos (9 in both cases), whose weight over The national total of this market is insignificant.
ULTRA-LUXURY HOMES
There exists, within the world of luxury itself, an even more exclusive field such as ultra-luxury homes, those with a price greater than 3 million euros.
Pazo de A Parda, for sale for 3.25 million euros | Photo: Idealista
Las 8,328 properties at this price that had been announced at the beginning of August are mainly concentrated in Malaga (3,023 announcements; 36.3% of the total) and the Balearic Islands (2,874 announcements; 34.5%). They are followed by Madrid (761; 9.1%), Barcelona (461; 5.5%), Alicante (429; 5.2%) and Girona (252; 3%).
In a total of 13 provinces there are no homes on the market above 3 million euros. Among them are Lugo and Ourense.
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