Murcia is a beautiful region of southeastern Spain. It’s known for its unspoiled coastline, stunning natural beauty, warm climate year-round, and relaxed Mediterranean lifestyle. But best of all, it’s known for its affordable cost of living and great property prices.
Compared to major Spanish cities like Madrid or Barcelona, Murcia offers property at a fraction of the cost. The region is ideal for budget-conscious buyers seeking excellent value.
Whether you want to invest in real estate, purchase a holiday home, or make Murcia your permanent residence, buying property is a relatively straightforward process for foreigners, and Murcia is a great place to do it.
An easy way to buy property in Murcia.
Here’s why you should buy real estate in Murcia:
Sunshine Year-Round: Chasing the sun? You’re in the right place if you buy a home in Murcia. The weather is clear-skied and sunny for around 300 days each year.
Affordable Property Prices: Apartments and houses in Murcia can vary between €1,500-€2,500 per square metre in the cities and coastal regions. Rural countryside villas are cheaper, often starting at €120,000.
Golden Visa: Buy property in Murcia for €500,000, and become eligible for Spain’s Golden Visa, which grants residency benefits and access to the European Union.
Low Cost of Living: Murcia’s cost of living is significantly lower than in other parts of Spain and Europe, allowing you to enjoy a high-quality lifestyle at a lower expense.
The rules for buying property in Spain are usually lenient for foreigners and UK citizens. Murcia is a popular place for British expats, so local estate agents are used to helping people like you find their place in the sun.
UK citizens can purchase and rent out property in Murcia without legal restrictions. Spain’s government actively welcomes foreign buyers through the Golden Visa Program, which grants residency to anyone who meets the minimum investment threshold.
You don’t need a Spanish bank account to buy property in Murcia, but it can help if you want to pay off your mortgage faster. It’ll also mean your new house will require a lower deposit.
AS a UK resident, you may encounter additional expenses, such as property transfer fees (8-10% of the house’s value), notary fees, land registry fees, and legal expenses. We suggest budgeting an extra 10-15% of the property price to cover everything.
Murcia offers an extensive selection of real estate options to suit your tastes and budgets, from modern apartments to lived-in city homes to rustic countryside villas along the Costa Cálida.
Many expats use property hunting sites to find houses for sale in Murcia. At Upscore, we provide an all-in-one property investment service, pointing you to the best local estate agents while giving you an easier way to secure a mortgage abroad.
Our Finance Passport lets you buy property in Murcia effortlessly. Get a mortgage in Spain and compare multiple lenders to find the best deal.
Our new Spanish Property Finder AI tool lets you input your requirements to see the closest matches.
