The Five Cheapest Spanish Cities to Invest in

Spain has become an attractive place to invest in real estate. Many people are acquiring their Golden Visa in Spain to make this country their habitual residence, especially if they wish to invest in property. The main objective of the Golden Visa programme is to boost the economy in Spain and support the creation of new jobs.

And if you’re contemplating a sojourn to the sun-kissed shores of Marbella, Spain, or merely wish to unravel the secrets of this captivating coastal haven, prepare to be enthralled. Nestled along the picturesque Costa del Sol, Marbella is a city where the rich tapestry of history, a vibrant cultural heritage, and unabashed luxury intermingle harmoniously. You can also check out these fun facts about Marbella here for more info.

However, in Spain there is a Spanish Wealth Tax which is payable on the total net value of your assets at 31 December. Both residents and non-residents are subject to Spanish Wealth Tax. As several Spanish autonomous regions have their own tax laws in force, probably you have to pay it.  


Located in the Autonomous Community of Catalonia in northeastern Spain, it has become one of the cheapest cities in which to buy a house. In the last few years, property prices have fallen to the point where the city has become an investor’s paradise.

If you decide to buy a property in Lleida you will have at your disposal an incredible cultural agenda such as museums and theatres. In addition, you are surrounded by landscapes that will leave no one indifferent. You will enjoy a living nature in L’Estany de Sant Maurici i Aigüestortes.

Moreover, another attraction for investors in Lleida is its low unemployment rate. 


Overlooking the Mediterranean Sea, Castellón has become another meeting point for investors. Thanks to its location and low prices, more and more people are choosing to invest on the Mediterranean coast.

Divided into 8 districts, Castellón offers its inhabitants and tourists dream beaches and a pleasant climate. Moreover, life in the city is cheap, both in shops and in leisure and gastronomy. 

Moreover, being a small city, you have all the cultural and gastronomic offers at hand. You can get around without a car and enjoy the city on foot.


A great cultural and gastronomic variety. Andalusia is a place of traditions and customs.This Autonomous Community has one of the cheapest cities in Spain to live in: Huelva.

Situated in the southwest of Spain and very close to Portugal, you will find this Andalusian paradise. It has more than 140.000 inhabitants, but it is a quiet and familiar place to live. 

It is one of the Spanish cities with the best gastronomic variety, as it has the best seafood and fresh fish on the coast.  Besides, being a neighbour of Portugal, you will be able to make different plans every week. 


In Spain you can also live in UNESCO World Heritage Sites. Cuenca has been a part of history since 1996, thanks to its medieval atmosphere and its excellent tourist attractions.

With no more than 56,000 inhabitants, it has become a top destination when it comes to buying a property. The provincial capital of Castilla y La Mancha is another of the cities that appear on the list of the cheapest in Spain. 

Moreover, it is not only prices that are falling. The unemployment rate is falling every year.


Last but not least, we leave you with Teruel. Located in the south of Aragon and neighbouring large cities such as Valencia and Zaragoza, it offers a great opportunity to invest in real estate. 

Many of the landscapes you will encounter are considered some of the most beautiful in Spain, including many of its villages. 

Spain is becoming an epicenter for investors. The quality of life, affordable prices and quiet, well-connected cities have made it a paradise in which to buy a home.

Sophia Anderson

Sophia Anderson is a blogger and a freelance writer. She is passionate about covering topics on money, business, careers, self-improvement, motivation and others. She believes in the driving force of positive attitude and constant development.