Property for sale in Murcia: comfortable life in a beautiful city
The province of Murcia is located in the south-eastern region of Spain on the charming coast of the Costa Cálida, known for its favorable climate and varied landscapes. The center of the province, the city of the same name has a rich history, the roots of which go back to the times of Ancient Rome. How does Murcia greet numerous tourists who come from other Spanish provinces and from around the world? These are historical monuments, majestic architecture, fun holidays, modern infrastructure, delicious food and a friendly atmosphere.
In Murcia property market is amazing with a magnificent combination of historical buildings in the Old Town and modern buildings typical of large cities. The city's attractions include cathedrals, palaces and museums, which are masterpieces of architecture. And buildings made in eclectic, modern and neo-baroque styles give the squares a solemn and unique image. Murcia is called a student city because it is home to two major universities. You can get to the city from the Murcia-San Javier airport, located 27 kilometers away.
Popular properties for sale in Murcia
Almost everyone who visits this city at least once wants to come here again. Also, many people set the goal of finding suitable property for sale in Murcia, wanting to buy it. Currently, the local real estate market is characterized by high demand for different types of properties.
Prices for properties as of December 2023 are as follows:
| Average sale price of 1 sq. m of real estate, € | 1623 |
| Average rental price for 1 sq. m of real estate, € | 8.3 |
| Average price of a property, € | 225,000 |
| The price of an average house with an area of 200 sq. m, € | 2,470,000 |
In general, prices for property for sale in Murcia Spain, are gradually increasing, indicating an ever-growing demand for housing. At the same time, compared to other coastal provinces, the cost of housing in the city is significantly lower if, for example, we compare the prices of property for sale Murcia, and the equally popular resort town of Alicante, located on the Costa Blanca.
| Alicante | Murcia | |
| Price per 1 sq. m of apartments in the city center, € | 2933 | 2000 |
| Price per 1 sq. m of apartments outside the city center, € | 1790 | 1550 |
| Average apartment price | 186,000 | 164,600 |
Lower prices are explained by the location of the city at some distance from the sea and the beach, as well as the fact that information about Murcia as a promising tourist center is not yet widespread enough compared to other destinations. The affordable price factor makes property for sale in Murcia particularly attractive to retirees and resale home buyers.
On the other hand, many foreign investors from the UK, Germany, and Scandinavian countries are willing to purchase various types of real estate in Murcia, including luxury ones, because they are attracted by the mild Mediterranean climate and the leisurely pace of life.
In Murcia property for sale is represented by apartments, townhouses, bungalows and premium properties such as penthouses and villas. The most popular type are apartments - they make up about 60% of all housing sales. Apartments can be purchased both in the primary and secondary markets. Lovers of the original Spanish style can be advised to purchase property in Murcia, located in the old town. The variety of exterior decoration and interiors will not leave connoisseurs of antiquity indifferent, and the atmosphere of the historical center will create a romantic mood.
New property in Murcia meets all modern requirements and is represented by apartments in comfortable residential complexes and individual houses. Prices for new housing are in the range of €2200-5000 per 1 sq.m and depend on a number of factors:
- supply and demand ratio;
- location;
- area;
- number of bedrooms and bathrooms;
- building materials and quality of work;
- quantity and quality of amenities;
- heat and sound insulation;
- security systems;
- energy efficiency, etc.
The advantages of an individual home, first of all, lie in their isolation, as well as the availability of land plots, where the following amenities can be located:
- pool;
- green area;
- sports and children's playgrounds, including a popular golf course;
- parking lots and garages, etc.
Those who prefer an active lifestyle can be advised to choose property for sale in Murcia in the central areas of the city, where the main infrastructure facilities are concentrated, as well as historical and cultural centers. Families with children, retirees, and people seeking privacy are considering properties for sale in Murcia, located on the outskirts of the city, closer to forests and agricultural land.
Why is it worth buying property in Murcia?
In Murcia properties for sale are considered by many who want to purchase a home in Spain for many reasons. This is a guarantee of living in comfortable conditions in a city with a high quality of life. The proximity to the sea, located half an hour away, makes it possible to constantly stay on well-maintained beaches and practice water sports.
Those who love sunny days and hot weather feel especially comfortable here, because it rarely rains in Murcia, and the average air temperature in summer is 25-27⁰. The city is often called the “garden of Europe” because excellent vegetables and fruits are sold here, and citrus fruits and grapes from local producers are known far beyond Spain. By purchasing property in Murcia, you can enjoy the magnificent nature surrounding the city all year round, and the city’s parks and public gardens bring real pleasure to residents and visitors of the city.
How to purchase property for sale in Murcia Spain
The process of purchasing property in Murcia is a series of procedures provided for by Spanish law. The purchase procedure should begin by collecting and studying information about the properties offered for sale. This can be done either directly while in the country, or in advance by studying Internet resources and other sources of information.
Selecting a property is the most important stage, so it is advisable to see and check the property yourself before purchasing in order to avoid mistakes. Next, you need to open an account in a Spanish bank, apply for a mortgage loan if necessary, pay a deposit, sign a preliminary agreement to book the property, carefully check for due diligence, pay the full price and sign a purchase and sale agreement.
All these actions can be carried out independently. But practice shows that many foreign buyers, due to lack of knowledge or poor knowledge of the Spanish language, lack of experience in participating in such transactions, and lack of awareness of the legal and financial intricacies of the legislation, can make mistakes and suffer losses. Therefore, the best solution to the problem would be to contact specialists.
WTG Spain has been working in the Spanish market for many years and has extensive experience in helping those wishing to purchase Murcia property. With professionals from WTG Spain, your cherished dream to purchase comfortable housing in beautiful Murcia will definitely come true!
