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2 clusters · 3 sources · 23 days · First seen · Last updated

Basque coast real estate market trends

Overview

The real estate market along the Basque coast is experiencing sustained demand, particularly for seaside properties and second homes. In the Pyrénées-Atlantiques department, municipalities such as Guéthary and Hendaye represent different ends of the pricing spectrum, with Guéthary recording the highest average price per square metre at €9,702.

This demand is being driven by both domestic and international buyers. In the Spanish Basque region, there is a notable rise in second-home purchases by Spanish nationals from Madrid, Catalonia, and Andalusia, who are reportedly seeking to escape heatwaves in the southern and central parts of the Iberian Peninsula. Meanwhile, international interest remains significant; in Bizkaia, foreign buyers from countries including France, the United Kingdom, and Germany account for 10% to 25% of vacation home transactions, while French buyers are drawn to Gipuzkoa due to its proximity to the border.

Entities

Biarritz · Hendaye · Guéthary · Spain · Pyrénées-Atlantiques

Timeline

  1. 21 days ago

    [BUSINESS] 3 sources
    Basque coast sees rise in second home purchases by Spanish nationals

    Buyers from Madrid, Catalonia, and Andalusia are increasingly purchasing second homes on the Basque coast to escape heatwaves, according to a Tinsa report.

  2. about 1 month ago

    [CULTURE] 2 sources
    French Basque Coast towns draw surfers and property buyers

    Anglet’s surf scene and the Basque coast’s property market are spotlighted, with Guéthary the priciest town and Hendaye the most affordable among six seaside locales.

Sources

cronicavasca.elespanol.com · eladelantado.com · zlotowskie.pl