New houses and developments in Gerona
New developments in Girona
Currently, there are around 83 new developments in the province of Girona, including those that have been completed and those that are still under construction. According to data published by the Ministry of Transport, Mobility and Urban Agenda, the value of the square meter has increased by 7.3% in the last year, reaching 2,170 euros. Despite the fact that the capital city does not have a beach and some of its municipalities do, the cost per square meter in the capital is the highest in the entire province, along with Palamós and Cadaqués.
The average price per square meter in the 5 most prominent areas is:
- Cadaqués: over 3,000 €/m².
- Figueres: around 1,300 €/m².
- La Jonquera: around 1,000 €/m².
- Lloret de Mar: just over 2,200 €/m².
- Palamós: just over 2,500 €/m².
Which areas have the highest number of new developments under construction?
Currently, the municipalities with the highest volume of new developments are Girona, Castell, and Figueres.
Which cities in the beach area have the main new construction developments?
The most relevant ones are located in Lloret de Mar and Figueres.
What influences the price of new construction properties in the province of Girona?
In general, the price per square meter depends on the real estate situation in the region. Supply and demand set the guidelines for final costs.
Currently, according to the National Statistics Institute (INE), around 3.8 construction licenses are approved for every 1,000 homes. This figure is slightly below the Spanish average, which is shared with other Mediterranean areas such as Alicante, for example.
In addition, the socioeconomic level of the province, foreign investment, and the active population must be taken into account. And, above all, the tourist tax. According to the latest data collected by the Costa Brava Observatory, in 2020, the province welcomed 1.7 million tourists and more than 6.3 million overnight stays between July and August of the same year. All this economic and social flow has a positive impact on new build properties and on their price.
Regarding the characteristics of the property, the location, orientation, square meters, construction materials, and finishes define the final price of the property. Other elements to highlight that influence the value of this type of housing are the common areas of residential buildings and facilities. Centralized heating and air conditioning, a garage and storage room, as well as extras such as a pool, outdoor sports courts, or a playground, are a plus that increases the price.
What is the new construction real estate market like in the province of Girona?
One of the most accurate ways to determine the state of the new construction market in Girona is to look at the number of acquisitions that have been made, based on their offerings and position within the autonomous community of Catalonia.
According to the Ministry of Transport, Mobility and Urban Agenda, there were more than 800 property transactions of this type in 2019, over 750 in 2020, and around 1,000 in 2021. The best part is that despite the increase in demand and purchases, prices have remained stable. The same Ministry indicates that the average price of these acquisitions was around 271,000 euros in 2019, 272,000 euros in 2020, and 290,000 euros in 2021.
These figures confirm the good acceptance of these properties in the province, both by local residents and foreign investors, particularly from southern France and areas of Germany. These new developments have positioned themselves as one of the best real estate options, thanks to their competitive prices, excellent locations, and advantages offered by relevant builders and real estate agents.
What is the importance of buying new construction apartments compared to second-hand houses in the province of Girona?
The perfect indicator is the gradual increase in both supply and demand year after year in new developments. They are highly valued properties in the region. The guarantee of having a brand-new home and the ability to make modifications or personalizations before the keys are handed over is one of the main reasons why newly built properties are chosen over second-hand ones. The latter always require some kind of partial or total renovation before moving in, and not everyone has the time and resources to do so immediately. Additionally, current construction materials and finishes are far superior to previous ones.
It is worth noting that the installation of solar panels and insulating materials, as differentiating elements, are included in new developments. These systems will lower electricity and/or gas bills, resulting in long-term savings.
Where to buy new development in the province of Girona?
Most of these types of houses in the province are located in the capital, specifically 60%. In the Montilivi-Pericot area, the most expensive properties are found. The existing developments are semi-detached houses with qualities above average. These new build houses have a unique price of 695,000 euros. They have 5 bedrooms, 270 square meters, a garage, and a terrace.
The most expensive property is located in Devesa, where prices start from €445,000 for a 122 square meter home, €501,000 for a 135 m² one, and €535,000 for a 138 m² one. All of them include a terrace, parking with a storage room, and a pool and solarium in common areas.
The most affordable properties can be purchased in the areas of Fontajau-Domeny and Migdia Casernes, where apartments predominate. The cheapest new construction properties start from €170,000 for a 70 square meter apartment, €214,000 for an 85 square meter one, and up to €276,000 for 101 square meters.
The average prices in Girona are located in Sant Narcís. From €318,000 for a 140 square meter apartment with a terrace and garage, up to €332,000 for a 181 square meter penthouse.
As for the coast, Lloret de Mar and Figueres are the towns with the highest supply of new developments. Lloret de Mar offers a wide range of real estate possibilities and, therefore, prices. From €115,000 for a 50 square meter property with a garage, up to over €700,000 for an apartment with sea views and a 114 square meter terrace.
In Figueres, properties are priced lower than the provincial average. It is possible to buy a new property for €74,000 with a garage space and 58 square meters, passing through a 4-bedroom apartment, 127 square meters, and garage for €141,000. The most expensive properties in this municipality are semi-detached houses, which are located on the outskirts of the municipality. They have a unique price of €245,000 and have a terrace, garage, and storage room, 4 bedrooms, and 175 square meters.