He residential market in Spain has suffered the effects of the coronavirus crisis in a different way if we talk about sale or rental. While the price of used housing fell 6.1% between April and June, in the largest drop recorded in idealista reports, rental income rose 1.2% in the same period. The housing market by municipalities is also heterogeneous. idealista offers the ranking by the most prominent municipalities by prices and by demand during the second quarter of 2020, during the state of alarm in Spain against the covid-19 pandemic.
The municipalities that lead the classification by average price euro / m2 They are once again the classics San Sebastián or Barcelona, while for the total price The municipalities with the most expensive homes in Spain appear, outside the provincial capitals, such as Pozuelo de Alarcón (Madrid), Benahavís (Málaga) or Calvià (Balearic Islands).
In another of the classifications, such as searches by idealista users to the properties advertised, we can highlight towns such as Zaragoza or Vitoria, along with San Sebastián or Madrid. Refering to relative demand, with the average number of contacts received, it varies a lot between sale and rent. While in the first, the provincial capitals stand out, led by Madrid, the interest in renting shifts mainly to the towns on the outskirts of large cities.
In order to carry out the different classifications, on the one hand, the average house price per municipalities with more than 2,000 ads in the largest real estate marketplace in Spain, both for sale and for rent per square meter between April and June 2020, and the total average price of the homes advertised. In addition, with the data of searches by idealista users and of the contacts received by advertisers, it is possible to compare areas with a very diverse and heterogeneous demand. The ranking has been made by points to make it clearer to the reader, with data from idealista / data.
At ranking of municipalities by unit price (euro / m2) of their homes for sale reappear in the top 3 of the most expensive San Sebastián (4,834 euros / m2), Calvià (4,292 euros / m2) or Barcelona (4,153 euros / m2). In reality, only three provincial capitals appear among the 10 most expensive towns per square meter. To the two already mentioned, the fifth position of Madrid, with 3,608 euros / m2 on average.
He The rest are coastal towns with high standing areas as the Catalan town of Sitges, the neighboring Malaga municipalities of Benahavís and Marbella, or the San Bartolomé de Tirajana area, in Gran Canaria, which has the main coastal urbanizations such as Meloneras, Maspalomas and Playa del Inglés. They complete this top 10, Getxo (Vizcaya) and Pozuelo de Alarcón (Madrid), two municipalities bordering their provincial capitals that have a high purchasing power of their inhabitants. In fact, they are two of the areas with the highest per capita income per household in Spain.
The classification changes completely if we go to mediated total prices of homes for sale in idealista. The provincial capitals disappear from the list, except for San Sebastián, in eighth position, with an average price that just exceeds half a million euros.
The first places are once again occupied by the municipalities of Benahavís and Pozuelo de Alarcón, which have exclusive urbanizations such as La Zagaleta or La Finca, respectively, where it is very easy to find properties above one million euros. In fact, they are the only two municipalities where, on average, the total sale price exceeds six zeros.
Calviá (982,869 euros), Marbella (745,945 euros), Sitges (586,252 euros) or Getxo (477,228 euros) also appear in this list among the most expensive in Spain, while new coastal towns with high prices enter such as Sotogrande (Cádiz), Jávea (Alicante) and Llucmajor (Balearic Islands), with prices ranging from 460,000 to 655,000 euros on average.
At rental marketMeanwhile, the higher unit prices (euro / m2), are in the large provincial capitals such as Barcelona (17 euros / m2), Madrid (16.6 euros / m2), and San Sebastián (14.7 euros / m2). Along with them appear in ninth and tenth place, Bilbao (12.9 euros / m2) and Palma (12.1 euros / m2).
The rest They are all coastal towns, more focused on tourism such as those already mentioned above of San Bartolomé de Tirajana, Calviá and Sitges, to which the Girona area of Castell-Platja d’Aro joins, and except Hospitalet de Llobregat (14.5 euros / m2), which is part of the Barcelona metropolitan area.
If we go to total rental prices, the provincial capitals disappear, except Barcelona (1,300 euros / month), which drops to 10th. And again, Pozuelo de Alarcón (2,577 euros / month) and Benahavís (2,129 euros / month) are at the top of the ranking. There are also Sotogrande, Marbella and Calvià above 2,000 euros of rent per month. Behind, hovering around 1,500 euros in monthly income, the municipalities of Llucmajor, Sitges, Estepona or Castell-Platja d’Aro appear.
Switching to ranking of municipalities by relative search of homes for sale listed on idealista, San Sebastián returns to top the list (with 12.8 points), followed by Madrid (11.3 points) and Zaragoza (8.8 points). All the towns in this classification are provincial capitals, except for fourth place in Pozuelo de Alarcón (8.1 points). Vitoria, Seville, Malaga, Valladolid, Bilbao and Las Palmas de Gran Canaria, complete this list.
In the other classification of homes that are for sale and that have received more contacts related to ads on idealista, Madrid once again leads the ranking (5.7 points), this time followed by Pozuelo de Alarcón (4.6 points) Zaragoza and Las Palmas de Gran Canaria tied at a greater distance, both with 2.8 points. It is followed closely by Barcelona, San Sebastián and Seville, followed by Santa Cruz de Tenerife, Hospitalet de Llobregat and Valencia.
He map in the rental market changes completely. Between the most wanted locations In idealista, in data related to its residential rental market, Vitoria tops the list (19.2 points), followed by other towns as diverse as Talavera de la Reina (Toledo), Roses (Girona), San Cristóbal de La Laguna ( Tenerife) or Santiago de Compostela (A Coruña).
On the part of the relative rental demand, Catalan municipalities occupy almost all positions. Hospitalet de Llobregat leads this classification again six months later, with 23.9 points, followed by some of its neighbors from the metropolitan area of Barcelona such as Badalona, Mataró or Tarrasa. Also noteworthy is the increase in interest in towns in the Bajo Penedés region such as El Vendrell, in second place, Mont-Roig del Camp (5th) or Calafell (8th).
The Valencian town of Torrent (3rd place), Vitoria, which in addition to leading the searches, is confirmed by the contacts received, and the Canarian municipality of San Cristóbal de La laguna, closely linked to university life, complete the classification.
–
