New houses and developments in Cáceres
New developments in Cáceres
Cáceres currently has more than 15 new developments, resulting in over 100 properties. Some are still under construction, while others are already finished and ready for owners to move in.
Due to the location of the province and its transport and mobility difficulties, new properties can mainly be found in the capital, Cáceres. Combined with population migration to other cities, the number of new developments in the province is one of the lowest in the country, despite the fact that the average price is one of the most affordable. Specifically, it ranks 45th out of 50 Spanish provinces, ahead only of Castellón, Ciudad Real, Palencia, Soria, and Lugo. The fact that there are only new properties in Cáceres city leads to variations in price and square meters within the same area. For example, among the current properties, the cheapest price per square meter in the southern area is between 1,000 and 1,500 euros, while in the city centre, it is possible to buy a property for between 1,800 and 2,100 euros per square meter.
Where is the largest volume of new construction located?
The capital, Cáceres, is where the widest range of new properties is located, especially in the southern and central areas of the city.
What influences the price of new housing in the province of Cáceres?
In general, the price per square meter of new properties in the province of Cáceres is determined by supply and demand in the real estate market. Other factors to consider include the location, job opportunities, and economic situation. In terms of construction factors, the size of the property, materials, and finishes are differentiating characteristics for setting the price. In addition, amenities that are highly sought after due to the high temperatures in the province of Cáceres, such as a swimming pool, air conditioning, or heat-insulating elements that help maximize energy savings, as well as children's areas, gardens, a gym, a garage, or outdoor sports facilities such as tennis, are also important.
Whether buying off-plan or already built, purchasing these types of properties offers numerous facilities and security backed by the construction or real estate company. Additionally, the possibility of modifying materials or rooms and the guarantee of meeting deadlines and delegating renovations and furniture and appliance installation are advantages.
What is the new construction real estate market like in the province of Caceres?
The new construction real estate market in the Caceres area is only present in the capital, which has a population of 96,000. According to data from the Municipal Registry, only 12 municipalities in the province have more than 5,000 inhabitants, including Coria, Arroyo de la Luz, Plasencia, and Trujillo. There are also over 200 municipalities with a lower population, such as Acebo, Aliseda, Brozas, Cerezo, and El Torno.
These figures make it difficult for new construction projects to take place outside of the capital, resulting in a stable level of investment and construction year after year in Caceres. This scarcity of new construction opportunities makes them a great opportunity for new buyers and a unique element in the current market. In fact, new construction properties have withstood economic crises because, despite their higher price, they offer payment facilities, extras, and additional features.
What advantages do new developments offer compared to second-hand properties in the province of Caceres?
New construction properties in Caceres offer a higher level of comfort, habitability, and quality compared to second-hand properties. Nowadays, it is possible to work from home, take a walk, practice sports, or take the children to the park without leaving the complex.
These features make new build properties a valuable investment for the present and future residents of Caceres. They are highly sought after in the areas of the capital where they are located. Second-hand homes generally require some renovation, insulation, or furniture replacement. Unfortunately, not everyone can be present or manage a renovation to a certain extent. In the case of new construction projects, it is possible to make changes or modifications to the plan with the safety and guarantee of the construction company or real estate agency. Additionally, new construction properties feature high-quality finishes, energy efficiency, sustainability, and new technologies, such as the inclusion of solar panels or security systems. Plus, they may include amenities such as paddle tennis courts, a swimming pool, or a gym.
The inclusion of parking spaces is a clear differentiating factor for new development. If a second-hand home comes with a parking space in the same building, it may be possible to purchase it for a slightly higher price or it may be included in the price. On the other hand, if neither of these options is available, it would be necessary to look for parking in the area, moving further away from the home. In the case of new construction projects, parking spaces are built adjacent to the home. This provides each resident with easy access to their vehicle and a convenient exit closest to the exterior.
Where to buy new development in Caceres province?
In the city of Caceres, new properties can be found in the south and central areas of the city. In the southern district, it is possible to purchase a new apartment starting at 108,000 euros for a 68 square meter unit, over 100 square meters for 176,000 euros, and a 4-bedroom duplex with 175 square meters for 271,000 euros. As for townhouses, the average price of the two available developments is 250,000 euros. They come with a garage, terrace, and over 240 square meters.
In the central area of Caceres, there is a predominance of apartments with a garage and terrace, ranging from 50 square meters for 118,000 euros to a 120 square meter penthouse for 320,000 euros. On average, a property between 70-100 square meters can be purchased for 160,000 to 210,000 euros.