Murcia - Inland More Popular Than The Coast

When property in Murcia is mentioned, large urbanisations and new build golf resorts located along the Mediterranean coastline spring to mind. According to Kyero.com, however, these homes are not what the majority of today’s buyers are looking for.

The latest independent statistics from Kyero.com reveal that 8 out of 10 of the most popular towns in the Murcia province are in fact not coastal at all, but inland. These towns are currently experiencing a renaissance and property prices are booming.

One example is the town of Moratalla, 120km inland, where figures show that the average property price increased by 50%, from €82,250 in 2006, to €124,000 in 2007. Other examples are the scenic town of Jumilla in the north of the Murcia province, where a 25% increase, from €139,000 in 2006, to €173,000 in 2007, was recorded, and Puerto Lumbreras in the south west, where average property prices increased by 17%, rising from €233,250 to €245,250.

Set against the province average of a 4% increase in property prices, from €204,250 (2006) to €211,250 (2007) and the Spanish national average, which actually declined by 0.1%, from €245,750 (2006) to €245,500 (2007), this is highly significant.

This data suggests that most Britons looking for a holiday home or to relocate to the Murcia region are increasingly seeking rural areas above developed coastal towns. Space is becoming a key consideration and properties are frequently being sought near to the national parks of the region.

One example is Lorca, which takes the third spot in the Kyero.com Top Ten, situated near to the Parque Natural Sierra Espuna. Here villas on 5 acre plots meet the demands of those looking for a seriously low-rise property option where space is paramount. Not only is it less than 20 minutes from the coast, and within easy reach of 3 airports, but property in Lorca also offers excellent value for money.

Another key reason that the British buy in Lorca, or Murcia in general, is that they want to experience the true Spanish way of life. Lorca has around 100,000 inhabitants and is a fun and lively town with loads of bars and restaurants, a castle, theatres, schools, squares to relax in, enjoy a coffee and watch the world go by, friendly people and beautiful architecture with 15 churches and a cathedral in the centre. When you set this alongside the fact that Lorca literally means City of the Sun, having one of the best climates in Europe, it is not hard to see why it is so popular.