With the increase in house prices in the metropolitan areas of Lisbon and Porto, looking for alternative housing becomes a necessity. For those willing to consider a move slightly across borders, Extremadura, a province in Spain, emerges as a highly economical option, especially in the province of Badajoz, which is just a few minutes from the border with Portugal.
Extremadura has significantly lower market values than the Portuguese side, with a square meter costing around 973 euros, well below the Spanish national average, located at 2,182 euros, according to recent data from . The trend towards affordable prices is particularly evident in Castuera, one of the cheapest locations in the province of Badajoz. With a drop of 13.7% in the last year, the square meter in Castuera is currently valued at just 439 euros, which allows you to purchase a 120 square meter house for around 52,680 euros.
The supply of affordable housing is not limited to Castuera. The province of Badajoz includes other locations where prices remain very affordable. In Azuaga, the average cost is 475 euros per square meter; Montijo is around 537 euros; Monesterio, 550 euros; Llerena, 580 euros; and Jerez de los Caballeros reaches 598 euros.
The geographical proximity to Portugal makes this area particularly attractive, especially for those who live in border regions and want to purchase a property at competitive prices. Badajoz, for example, is just 30 minutes from Elvas, allowing easy access to Portugal.
With a lower cost of living and the benefit of a more affordable investment, Extremadura appears as an option that can benefit those looking for a housing solution at controlled prices. Therefore, for those willing to consider a move across the border, the small and welcoming towns of this Spanish province offer a quality and affordable alternative to the Portuguese housing market, where rising prices seem to be unrelenting.
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