Earning a decent wage in Spain does not automatically put homeownership within reach. Salaries across the country can vary by as much as 10,000 euros per year depending on the region, while property prices in places like the Balearic Islands average around 383,000 euros — meaning that saving for a deposit can take many years. This stark regional disparity makes the Spanish housing market highly uneven: affordable in some areas, near-impossible for local earners in others. For international buyers looking at the Costa Blanca, this context is encouraging: the region generally offers a more favourable price-to-quality ratio than Spain’s most competitive markets. That said, rising demand is increasingly reflected in local prices. Acting sooner rather than later remains sound advice for those with serious buying intentions.

Source: SpanjeVandaag

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