Lloseta is the cheapest municipality in the Balearics to buy an existing home, with an average price of €2,333 per square metre (euros/m2), according to idealista. On Tuesday, the property portal published a study analysing data from November 2025 on the 20 cheapest municipalities in Spain to buy a home, none of which are on the islands.
Lloseta is where the average purchase price is most affordable, but it is still well above the cheapest municipalities at the national level, which do not exceed €550/m2. In the Balearics as a whole, the average price of housing is €5,114/m2, 54 per cent more than in Lloseta. According to the analysis of the cheapest locations in each autonomous community, the Balearics (Lloseta) is the most expensive.
The autonomous communities of Castilla-La Mancha, Andalusia, Extremadura, Galicia and the Region of Murcia are home to the 20 cheapest municipalities for buying an existing home in Spain, all with prices below €550/m2. The cheapest municipality for buying an existing home is located in the province of Ciudad Real (Castilla-La Mancha). Specifically, Almadén has the cheapest square metre, as property sellers in the municipality ask for an average of €335 per square metre.
The podium of the three cheapest municipalities is completed by two others in Ciudad Real: Almodóvar del Campo, where the square metre stands at €427, and Socuéllamos, where it reaches €460. In fourth place is Leiro in Ourense, Galicia (€478), closely followed by Villacañas in Toledo, Castilla-La Mancha (€479), to round off the top five.
Argamasilla de Alba in Ciudad Real (€484) occupies sixth place and Miajadas in Cáceres, Extremadura (€487) appears in seventh position, while Villanueva del Arzobispo in Jaén, Andalusia, and Arroyo de la Luz in Cáceres (€490) share eighth place. In tenth place is El Carpio in Córdoba, Andalusia (€491), the last of the municipalities below €500 per square metre.
In addition to the regions with municipalities in the top 20, four other autonomous communities have markets below €700: in the Valencian Community, the cheapest town is Ayora in Valencia (€570); in Castile and León, it is Villablino (€580); in Cantabria, it is Campoo de Enmedio (€655); and in Asturias, it is Tineo (€668).
In Aragon, Caspe, where owners ask for an average of 720 euros; Catalonia with Mora d’Ebre (747 euros); La Rioja with Alfaro (755 euros) and Madrid with Cadalso de los Vidrios (999 euros).
Above €1,000 are Navarre with Corella (€1,002); the Canary Islands with Gáldar (€1,302); the Basque Country with Llodio (€2,114) and the Balearic Islands with Lloseta (€2,333).