The most expensive street to live in Spain
Spain is one of the best countries to live for its climate and its quality of life. But living in luxury in our country has a price, and this can be very high if what you are looking for is reside in the most exclusive areas.
Every major city has its own golden mile, but Do you want to know which is the most expensive street to live in Spain? Several companies have analyzed home prices to determine which street is with the most expensive homes.
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The most expensive street to live in Spain
The famous real estate company Engel & Völkers carried out in 2016 a ranking with the streets where acquiring a house was more expensive, based on the price per square meter of each residence in the most important cities where it is present. The cities analyzed are Madrid, Barcelona, Valencia, Bilbao and San Sebastián, which concentrate the highest incomes in the country.
The data collected indicates that the most expensive street to live in Spain is nothing more and nothing less than Calle Hernani in San Sebastián. In this exclusive road of the Gipuzkoan capital
you can get to pay up to 12,700 euros per square meter.The charm of this exceptional walk owes part of its fame for having hosted the summer house of the Royal House at the end of the 19th century. Its centricity and privileged position on the shores of La Concha Bay make it a exclusive and highly sought-after location.
Other of the most expensive routes
The same ranking includes another 10 more streets distributed among the aforementioned cities. In second position is the Avenida Pearson in Barcelona, through which the 12,000 euros per square meter to acquire a residence in this exclusive street .
The ranking seems to be led by San Sebastián and Barcelona alternately, since Donostiarra street Zubieta is in third position, whose homes they are around 11,500 euros per square meter, followed by the emblematic Paseo de Gracia in Barcelona, where flats reach 11,000 euros per meter square.
And again another street in San Sebastián occupies the fifth place, with the 10,900 euros that each square meter of homes reaches located in Paseo Miraconcha. Madrid does not appear until the sixth, seventh and eighth positions in the ranking, with Plaza de la Independencia and la calle Serrano, which stands at 10,000 square meters, or Calle Doctor Arce, which stands at 9,500 euros / m2.
The rest of the list is made up of the Rambla Catalunya in Barcelona, the Plaza de Euskadi in Bilbao and the street Colón in Valencia, ranging from 8,500 on the Barcelona promenade to 3,200 on the latter street Valencian.
Who lives there?
Although buyers of this type of luxury homes are largely SpanishIn some cities, the percentages of international buyers looking to invest in Spanish soil are still high.
Madrid is the favorite city for this, due to its profitability, but the highest percentage of foreign clients is in Valencia, with a 36% of mostly French and British customers who seek to enjoy a Mediterranean city at a lower price than other cities such as Barcelona.
Other luxury streets
The online real estate portal Idealista carried out another more extensive study in which it pointed out the most expensive roads, based on the average price per house on each street. In this case, the streets located in exclusive luxury neighborhoods won by a landslide, where prices soar for the extension and luxury of its chalets.
According to this study, the most expensive street to live in Spain is La Zagaleta, in the Malaga town of Benahavís. It is an exclusive residential area on the Costa del Sol, in which the average price of The luxurious villas that are there reach a whopping 5,611,875 euros.
Another study carried out by the online portal Precioviviendas.com in 2017 instead awarded the merit of being the most expensive street in Spain to a very different one. In this classification derived from the analysis of this website, Paseo de Juan Carlos I and Calle Gregal, both in Ibiza, lead the top positions in the ranking.
This study is distinguished from others by limiting its analysis to multi-story buildings, thus excluding streets that are part of exclusive developments. On the other hand, houses that are not for sale have also been included and the length of the streets has been taken into account. Thus can highlight what are the true luxury streets of each city, without the prices of the extensive plots of villas and chalets influencing the ranking.
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