The most exclusive municipality in Spain is an island. Specifically, the island of Formentera It has the most exclusive square meter, since homeowners ask for an average of 7,643 euros / m2, according to a study by idealista, the real estate marketplace in Spain.
The podium of the five most expensive municipalities is completed with three other Balearic towns and one from Gipuzkoa: Deya (5,909 euros / m2), Sant Joan de Labritja (5,165 euros / m2), Ibiza (4.910 euros / m2) Y the Gipuzkoan capital San Sebastián (4.818 euros / m2). The sixth place is for Baqueira, in Lleida, with 4,793 euros / m2.
Also below 5,000 euros per square meter are Sant Josep de Sa Talaia (4,792 euros / m2), Andratx (4.649 euros/m2) Santa Eulalia del Río (4,641 euros / m2), in the Balearic Islands. Next, Zarautz is located in Guipúzcoa (4,493 euros / m2), Calviá in the Balearic Islands (4,268 euros / m2) and Barcelona (4,084 euros / m2). Naut Aran appears in Lleida below 4,000 euros per square meter (3,840 euros / m2), Sant Antoni de Portmany in the Balearic Islands (3,825 euros / m2), Madrid (3.687 euros/m2), Sitges in Barcelona (3,664 euros / m2) and Canyamel in the Balearic Islands (3,629 euros / m2).
The ranking continues with the Barcelona municipality of Sant Cugat del Vallès (3,590 euros / m2) and the Balearic Valldemossa (3,563 euros / m2). Next, there are three Barcelona municipalities: Sant Just Desvern (3,516 euros / m2), Esplugues de Llobregat (3,478 euros / m2) and Castelldefels (3,434 euros / m2). They are followed by the Balearic Soller (3,407 euros / m2), in the penultimate position of Getxo, the Biscayan municipality, with 3,388 euros / m2 and closes the Hondarribia ranking, in Guipúzcoa, with 3,377 euros / m2.
The most expensive municipalities of each CCAA
The study carried out by idealista is completed with the most exclusive localities of each of the 17 Spanish autonomous communities. In addition to the communities with municipalities in the top 25 positions, 2 more autonomous regions have markets in which an average of two thousand euros per square meter are exceeded in their most exclusive markets: Benahavis in Andalusia (3,102 euros / m2) and San Bartolomé de Tirajana in the Canary Islands (3,097 euros / m2). Formigal in Aragon is located above two thousand euros (2,948 euros / m2), Moraira in the Valencian Community (2,768 euros / m2), Pamplona in Navarra (2,228 euros / m2) and A Coruña in Galicia (2,173 euros / m2).
The cheapest is Extremadura, where its most expensive municipality (the city of Badajoz) has an average price of 1,148 euros / m2 followed by Toledo in Castilla-La Mancha (1,357 euros / m2), Logroño in La Rioja (1,559 euros / m2), La Manga del Mar Menor in Murcia (1,569 euros / m2), Gijón in Asturias (1,637 euros / m2), Salamanca in Castilla y León (1,639 euros / m2) and Comillas in Cantabria (1,997 euros / m2).
| The 25 most expensive municipalities in Spain to buy a home | |||
| CCAA | province | Municipality | Price Aug 20 (€ / m2) |
| Baleares | Baleares | Formentera | 7 643 |
| Baleares | Baleares | Deya | 5 909 |
| Baleares | Baleares | Sant Joan de Labritja | 5 165 |
| Baleares | Baleares | Ibiza | 4 910 |
| Basque Country | Guipúzcoa | Donostia-San Sebastian | 4 818 |
| Catalonia | Lleida | Baqueira | 4 793 |
| Baleares | Baleares | Sant Josep de Sa Talaia | 4 792 |
| Baleares | Baleares | Andratx | 4 649 |
| Baleares | Baleares | Santa Eulalia del Rio | 4 641 |
| Basque Country | Guipúzcoa | Zarautz | 4 493 |
| Baleares | Baleares | Calvià | 4 268 |
| Catalonia | Barcelona | Barcelona | 4 084 |
| Catalonia | Lleida | Naut Aran | 3 840 |
| Baleares | Baleares | Sant Antoni de Portmany | 3 825 |
| Madrid | Madrid | Madrid | 3 687 |
| Catalonia | Barcelona | Sitges | 3 664 |
| Baleares | Baleares | Canyamel | 3 629 |
| Catalonia | Barcelona | Sant Cugat del Vallès | 3 590 |
| Baleares | Baleares | Valldemossa | 3 563 |
| Catalonia | Barcelona | Sant Just Desvern | 3 516 |
| Catalonia | Barcelona | Esplugues de Llobregat | 3 478 |
| Catalonia | Barcelona | Castelldefels | 3 434 |
| Baleares | Baleares | Soller | 3 407 |
| Basque Country | Biscay | Getxo | 3 388 |
| Basque Country | Guipúzcoa | Hondarribia | 3 377 |
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| The most expensive municipality in each CCAA | |||
| CCAA | province | Municipality | Price Aug 20 (€ / m2) |
| Andalusia | Málaga | Benahavís | 3 102 |
| Aragon | Huesca | Formigal | 2 948 |
| Asturias | Asturias | Gijón | 1 637 |
| Baleares | Baleares | Formentera | 7 643 |
| Canary Islands | Las Palmas | San Bartolomé de Tirajana | 3 097 |
| Cantabria | Cantabria | Comillas | 1 997 |
| Castile and Leon | Salamanca | Salamanca | 1 639 |
| Castilla la Mancha | Toledo | Toledo | 1 357 |
| Catalonia | Lleida | Baqueira | 4 793 |
| Valencian Community | Alicante / Alacant | Moraira | 2 768 |
| Basque Country | Guipúzcoa | Donostia-San Sebastian | 4 818 |
| Estremadura | Badajoz | Badajoz | 1 148 |
| Galicia | A coruña | A coruña | 2 173 |
| The Rioja | The Rioja | Logroño | 1 559 |
| Madrid | Madrid | Madrid | 3 687 |
| Murcia | Murcia | La Manga del Mar Menor | 1 569 |
| Navarra | Navarra | Pamplona / Iruña | 2 228 |
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