More than 250,000 euros, that's the difference between a home in Palma and one in Inca
A 90 square meter home has an average price of 477,463 euros in the City
PalmThe price of a 90 square meter home is, on average, 250,000 euros more expensive in Palma than in Inca, according to the platform. pisos.comA study published this Wednesday by the Spanish Association of Housing and Landowners (AEB) analyzes price differences between provincial capitals and other municipalities. A 90-square-meter home has an average price of €477,463 in Palma, while similar homes in Inca average €223,517, practically half the price in Palma. At the national level, the most striking cases are concentrated in metropolitan areas. In the Community of Madrid, a 90-square-meter home costs €567,211 in the capital, a figure that contrasts sharply with €225,157 in Alcalá de Henares and €251,901 in Getafe. In Catalonia, a similar apartment in Barcelona averages €464,002, while in Badalona the price is €229,077 and in Hospitalet de Llobregat, €246,545.
The director of studies of pisos.comFerran Font points out that provincial capitals have become increasingly inaccessible for most buyers, a situation that is causing a massive shift towards surrounding municipalities that offer better conditions for accessing housing. "We're talking about price differences that mark the boundary between being able to buy or not for many families," he says. This real estate portal also notes that the strategy of looking for housing in the suburbs, while effective in the short term, can generate a domino effect on prices. When demand shifts massively towards municipalities like Inca, market pressure leads to an increase in prices.
The Balearic Islands are the most expensive territory in the State to acquire a second-hand home and exceed 5,000 euros per square meter on average, with 25 municipalities reaching record prices for second-hand housing.