Country homes for sale in Murcia

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Properties in Murcia

Murcia is located in the southeastern part of Spain. It lies in a valley on the river of Segura with very fertile soils - this is why this region of Spain is often called the orchard of Europe. It is also worth mentioning that Murcia is one of the largest cities in Spain. It is inhabited by ca. 438 thousand. people, including about 12% foreigners. It is also one of the most important university centres in the country with one of the first universities in Spain and Europe. 

 

Map of Murcia
Spanish cuisine

Best things to do in Murcia

The city also includes the newest and most modern seaports among those on the Iberian Peninsula. The port operates from the British Isles and Scandinavia. In addition, there is also the famous, powerful Gothic Cathedral of Santa Maria (Catedral de Santa María) with a tower of 92 m. Additionally, on hearing the sound of 25 bells, the locals know that it is 1 p.m., and therefore time for a meal. In Murcia, there is also an interesting monument of eclecticism - the Casino. Nobody plays roulette in it, but you can visit the museum.

 

Characteristics of the property market in Murcia

How much do properties in Murcia cost?

The city of Murcia is an ideal place for people who plan to live abroad for the first time, as well as for those who want to settle here permanently. Murcia is big enough to entertain people, but small enough so as not to make you feel overwhelmed. Importantly, Murcia has a reputation as one of the cheapest places to live in Spain. Therefore, one may successfully search for properties in the central part of the city right next to the major tourist attractions. Property prices in Murcia are lower than the average for the whole country. 

 

Average price for properties in Murcia:

  • Average price by square metre for Murcia - 1,496 €
  • Average price for properties in Murcia - 186,978 €

Who buys properties in Murcia?

The most recent data confirm that the British make up 53% of the non-resident purchasers in the Murcia region. In the first half of 2019, foreign investors acquired 51,720 properties in Spain, of which as many as 6,681 were purchased by the British. These statistics confirm that UK residents have by far the largest share of the Spanish property market. Spanish buyers are also interested in buying property in the USA, Morocco, Argentina, France, Germany, Italy, Norway, Sweden and Denmark.

 

It is also worth noting that as much as 28.5% of all property purchases are made by foreign investors - the average for Spain is only 18.6% of non-resident purchasers. Thus, the Murcia region remains in the fourth place in terms of the number of foreign purchases (after Comunidad Valenciana, Canary Islands, Balearic Islands, Balearic Islands).

 

International buyers:

  • 33 % United Kingdom
  • 14 % Romania
  • 6 % Germany
  • 5 % Bulgaria
  • 5 % Netherlands
  • 5 % Italy
  • 4 % France
  • 4 % Belgium

Best areas for an investment

Murcia has no direct access to the sea, which makes it a relatively quieter place to live in. Therefore, if you are looking for a city with plenty of sun but which is not a top tourist resort, you should consider buying a property in Murcia. Due to the low cost of properties, nothing stands in the way of you buying a property in the heart of the city. The centre is a place full of charming boutiques, Spanish streets with pubs and restaurants. Buying an apartment in the centre of Murcia will be certainly much cheaper than buying a similar property in Alicante or Valencia. Therefore, if you want to feel the real Spanish atmosphere, check our apartment offers in the centre of Murcia.

 

However, if you plan to move here with your family, you can look for offers located in other districts, near the schools, kindergartens or hospitals. In addition, the city is well-connected and therefore it is easy to travel from one end of the city to the other. 

122,308 € Murcia Altiplano
136,025 € Murcia Rio Mula
142,180 € Murcia Bajo-Guadalentín
149,370 € Murcia Región Oriental
151,173 € Murcia Noroeste
152,333 € Murcia Vega Alta del Segura
172,891 € Murcia Huerta de Murcia
181,292 € Murcia Alto Guadalentín

Total numer of housing property transactions in Murcia

  • 1st quarter 2018 1 153
  • 2nd quarter 2018 1 338
  • 3rd quarter 2018 990
  • 4th quarter 2018 1 390
  • 1st quarter 2019 1 229
  • 2nd quarter 2019 1 452

Prospects for the property market in Murcia

The property market in Murcia is very attractive for foreign investors, including the British. Despite the fact that in the first quarter of 2019 the number of properties purchased by foreign buyers was 3.2% lower than in the same period a year earlier, the numbers are still very impressive. The Murcia property market is well-developed and the cost of living in Murcia is low. It is very cheap to eat out and therefore, comfortable to live here. 

 

Although Murcia has no direct access to the sea, due to the very attractive location of large tourist resorts and low property prices, it is very popular among Europeans and residents of the USA. 

It is predicted that properties located on the Spanish coast and in tourist centres will enjoy the greatest interest. The high rate of return on investment of up to 10.5% (data from the Spanish Central Bank) should be a big incentive for foreign investors.

Country homes for sale

A private country home in Spain is a great way to escape of hoards of a big city. One of the biggest advantages of country homes is their location - they are usually located in the province, which gives them an idyllic character. When selecting a house, it is worth paying attention to convenient public communication with the rest of the city. The access to nearby stores, restaurants and service points should be relatively quick and easy. Among the country homes in Spain we can find, among others, typical south villas - spacious, with beautiful gardens and a terrace overlooking the picturesque, rural landscapes. There is no single definition of what a Spanish country home should look like. Therefore, the local property market includes both one-storey and two-storey properties with 1,2,3 or more bedrooms, furnished and ready to move in, as well as those without equipment. As a rule, better price conditions are provided by the secondary market, but developers' offers are also noteworthy. Due to the large variety of offers, the investor can easily find a home for himself that meets his demands, financial possibilities and investment goals.

Country home Amenities

Houses in the countryside are usually very spacious properties with a large plot of land. On our website you will find offers for fully equipped country homes in Spain, as well as cheaper properties for renovation. The country homes you will find on the Spanish property market include many amenities - both internal and external. Check out the most popular ones.

  • A big terrace
  • A swimming pool
  • A garden
  • A garage
  • Air conditioning
  • Fitted kitchen
Country home for sale in Spain
Country home in Spain located in peaceful area

How much do country homes in Spain cost?

The attractiveness of the location, area, region of Spain and available amenities - all this can affect the price of a country home in Spain. However, it is worth mentioning that this type of property is usually located in provinces and suburbs, which makes it more affordable in comparison with homes in typically urban areas.

 

Average value of property transactions of the free housing market in Spain

  • 1st quarter 2018 145 297 €
  • 2nd quarter 2018 149 582,4 €
  • 3rd quarter 2018 152 095,1 €
  • 4th quarter 2018 153 179,7 €
  • 1st quarter 2019 152 023,4 €
  • 2nd quarter 2019 154 487,8 €

Who buys country homes in Spain?

Due to the idyllic nature of the property, the prospect of a high return on investment, as well as attractive prices, country homes in Spain arouse interest among both, native investors and foreigners. The British, German, French, Belgians and many other nationalities are willing to invest in the Spanish property market. Fortunately, the procedure of buying a property is not as complicated for foreign investors as it may seem. However, when choosing the right place for investment, it is worth using the help of professionals.

 

Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain

  • New housing – 257 460,2
  • Second hand housing – 157 209,7
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