Four of the country's five most exclusive locations are in the Balearic Islands. Indeed, Spain's most exclusive municipality in 2020 is an island. Formentera Island in the Balearic Islands has the most exclusive prices per square metre, as homeowners in the area are asking, according to an analysis conducted by idealista, the leading property market in Spain, for an average price of 7.643 euros/m2. qatar sales
Three other towns on the Balearic Islands and one in Gipuzkoa are finished on podium for the five most expensive municipalities: Deià (€5.909/m2), Sant Joan de la Labritja (€5.165/m2), Ibiza (€4.910/m2) and San Sebastian, Gipuzkoa (€4.818/m2). Placed sixth in Lleida in Baqueira, with prices averaging 4,793 euros/m2.
The other municipalities under the EUR 5,000 square meter mark are the Balearic Islands, Sant Josep de Sa Talaia (EUR 4,792/m2), Andratx (EUR 4,649/m2) and Santa Eulalia del Rio (EUR 4,641/m2). The following will be: Zarautz Gipuzkoa (€4,493/m2), Calviá Balearic Islands (€4,268/m2) and Barcelona City (€4,084/m2). Naut Aran (3,840 euros/m2) in lleida, Sant Antoni de Portmany (3,825 euros/m2) in the Baltic Islands, Madrid (3,687 euros/m2), Sitges in barcelona (3,664 euros/m2) and Canyamel (3,629 euros/m2) in the Balearic Islands are under the figure of 4,000 euros/m2.
The ranking continues with the municipality of Sant Cugat del Vallès (€ 3.590/m2) and the municipality of Valldemossa (€ 3.563/m2) in Mallorca. In Barcelona there are three other towns: Sant Just Desvern (3,516 euros/m2), Esplugues de Llobregat (3,478 euros/m2) and Castelldefels (3,434 euros/m2, respectively). The list of the 25 most expensive property purchasing locations in Spain was complemented by Mallorca Soller (€ 3,407/m2), Biscay Getxo (€ 3,388/m2) and Gipuzkoa Hondarribia (€ 3,377/ m2).
The most expensive municipalities in each region
The idealista study includes the most exclusive locations and the most expensive places to buy land in each of the 17 autonomous communities in Spain. In addition to communities of the first 25 positions, 2 more regions in their most exclusive sectors have markets where they exceed an average price of EUR 3,000 per square meter: Benahavis in Andalusia (€3,102/m2). In Canary Islands, San Bartolomé de Tirajana (€3,097/m2) is a market. Formigal in Aragon (2.948 euros/m2), Morair in Valencia (2.768 euros/m2), Pamplona in Navarre (2,228 euros/m2) and A Coruña in Galicia (2,173 euros/m2) are also added to the 2,000 euro mark.
The most expensive town (the city of Badajoz) has the following prices: an average of 1,148 euros/m2, followed by Toles (1.357 euros/m2, Castilla-La Mancha), 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 and Leon (1,639 euros/m2), Comillas in Canada.