New houses and developments in Huesca
New developments in Huesca
Currently, in the province of Huesca, there are more than 40 new construction developments with apartments and townhouses, both under construction and completed. The figure is due to the fact that Huesca, located in the Aragon region of Spain, is within the so-called "empty Spain". The interior of the peninsula is experiencing migration abroad and to large cities, leaving provinces like this with inhabitants concentrated in the capital and in the area of the National Park of the Pyrenees. The number of developments is divided between 70% in the Pyrenean areas and 30% in the capital.
Despite this situation, the cheapest square meter of new construction costs 850 euros and is located in Sabiñanigo and the Perpetuo Socorro district. Properties in Binéfar and Monzón can be acquired for around 1,600 euros per square meter. The most expensive new properties in the entire province are located in the Aragonese Pyrenees, near Jaca and the ski slopes in the area. Towns such as Biescas or Panticosa, where the average price per square meter is 2,000-2,500 euros.
Where is the largest number of new developments located?
Currently, the areas with the largest number and widest range of new construction housing in the province of Huesca are the city of Huesca in the first place, Jaca and, finally, Villanúa.
What influences the price of a new property in the province of Huesca?
In general, the price per square meter of a new property in Huesca is set based on the guidelines of the national and provincial real estate market. It depends on supply, demand, and especially location. It is worth noting that despite being in a region experiencing depopulation, prices are similar to other provinces such as Malaga or Seville, for example. The peculiarity of its high cost is due to the proximity to one of the favourite winter destinations, the Pyrenees. New developments in the area feature stone facades, insulating materials throughout the property, views of nature, modern aesthetics, and security systems.
As extras, game rooms, private gardens, saunas or gyms are common. In these types of complexes or residential areas, the distinguishing characteristics are the comfort of the property, energy efficiency, garage, and furnished housing. This is ideal due to the terrain's topography and the great distance from commercial areas. In the case of the capital, Huesca, they are located in the historic city centre. Low-consumption properties, insulation, and a garage are the differentiating factor, the most sought-after, and the most influential in determining the final price.
What is the new construction real estate market like in the province of Huesca?
In recent years, citizens in general and those from Huesca in particular, have preferred to buy a house in the Pyrenean area rather than in the capital. Buying a larger home close to the countryside and nature has become a reality for some and a desire for others. Foreign investment, due to its proximity to France, also plays a special role in the purchase of new construction in the area and has been a lifeline in stabilizing the construction of developments year after year.
In over 10 years, no subsidized housing has been built in Huesca, making new build property one of the best options on the market for new homeowners. Thanks to their wide range of prices from 70,000-80,000 euros to over 350,000 euros.
In the last quarter of last year, purchases of new construction in the province of Huesca increased by more than 10% compared to the previous year. According to the College of Registrars, the region of Aragon is one of the most active markets nationally at present.
What are the benefits of new development compared to a second-hand property in the province of Huesca?
The high price of a property in the province of Huesca means that customers prioritize and prefer to purchase new construction over second-hand. The reasons? At the same price, new developments offer better conditions.
There is the possibility of customizing the home, making modifications to the plans, being fully furnished, as well as total insulation. This results in lower electricity and gas bills. All of these factors make new build homes a safe bet in the province of Huesca compared to other options in the real estate market. New developments offer different financing plans, security and guarantees throughout all phases of construction. In addition to promoting sustainability and efficiency in all aspects, common areas have playgrounds, swimming pools, 24-hour security, outdoor activity spaces or gyms.
Where to buy new construction in the province of Huesca?
Currently, due to the depopulation of the interior of the province, there are only two areas where new construction offerings can be found:
- Pyrenean zone. This is where the most expensive new build properties in the entire province of Huesca are located. Almost like they're straight out of a storybook, the properties have a modern yet rustic architectural style that fits with the area. Townhouses and detached houses predominate, built with stone and the latest in insulation. Prices start at €115,000 for a 44-square-meter apartment in Villanúa, going up to €150,000 for a 90-square-meter semi-detached house in Barasona, Pre-Pyrenean Aragon. The most expensive ones are located in Panticosa, Villanúa, and Biescas. In all of them, properties with the latest residential features and extras have a value of between €200,000 and €300,000, and range from properties with 90 square meters to 280.
- In the city of Huesca, prices drop, as does the supply. For €90,000-98,000, it is possible to buy a new apartment with 50 square meters or 38 in the Historic Center of the city. The average price in the city centre is around €190,000 for a 75-square-meter apartment. The most expensive ones are located in Yequeda with more than 200 square meters, a garage, and 3 bedrooms for €265,000.