The property market in Granada and the Costa Tropical is always evolving, and this month’s update brings valuable insights for homeowners and buyers. With headlines suggesting an 11% year-on-year price increase across Andalusia, it’s important to look at the real numbers behind the data.
Let’s break it down by area and see what’s actually happening.
Salobreña: A Strong Market for the Right Properties
- 302 properties for sale in February 2025 (compared to 455 in August 2024).
- Average asking price: €275,000 (€1,925/m²).
- Prices have increased from €265,000 (€1,719/m²) last year.
This rise shows demand is strong, particularly for well-located apartments near the beach. However, not all properties are benefiting—traditional rural homes are moving much slower.
Vélez de Benaudalla: A Market in Transition
- 64 properties for sale (down from 72 in July 2024).
- Average asking price: €175,000 (up from €164,000 last year).
- However, price per m² has dropped from €1,314 to €1,123.
What does this mean? While headline prices are rising, larger properties are hitting the market, pulling down the price per m². This is why averages can be misleading!
Lecrín Valley: Demand for Move-In Ready Homes
- 170 homes for sale in February 2025 (down from 202 last year).
- Average price: €192,000 (€1,054/m²).
The market here has shifted. Buyers now prefer renovated homes over renovation projects due to rising construction costs and the complexities of finding builders. If you’re selling, ensuring your home is move-in ready could mean a faster sale.
Órgiva: Steady Growth & High Demand for Apartments
- 68 properties for sale (compared to 66 last year).
- Average asking price: €235,000 (€1,159/m²).
Prices have increased slightly, but demand for apartments is significantly up, while houses in harder-to-access areas are seeing less interest.
: A Noticeable Price Jump
- 68 properties currently on the market (up from 61 last year).
- Average house price: €133,000 (up from €108,000 last year).
- Price per m²: €848 (same as last year).
This increase in average house prices is due to larger properties being listed, rather than a general rise in values. Again, it’s crucial to look beyond the averages!
Key Takeaways for Sellers & Buyers
- Not all properties are increasing in value – location, accessibility, and condition matter.
- Move-in ready homes are in higher demand due to renovation costs.
- Apartments in town centers are performing well, while some rural properties are taking longer to sell.
- Granada and the Costa Tropical remain attractive for buyers, with sustainable growth rather than a speculative bubble.
If you’re thinking about selling or want a real valuation based on current buyer demand, get in touch. We provide accurate market comparisons—something most agents don’t.
📞 Call us at +34 858 215 333
🌍 Find out more at: www.holaproperties.com
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