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(fr) FrançaisProperties for Sale in Algarrobo, Andalusia, Spain
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4 
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80729 sqft
Real estate in Algarrobo
Just as the Andalusia region in southern Spain is a magnet for international property buyers and investors, so too is Algarrobo, a charming village located in the province of Málaga. If your real estate ventures lean towards enchanting locations with serene beaches and breathtaking landscapes, Algarrobo should definitely be on your radar. This captivating town, nestled between the mountains and the sea, is renowned for its traditional Andalusian architecture. Its whitewashed houses, splashed with vibrant colors from various flowers, have earned it the moniker "Pueblo Colorido" or "Colorful Village". Before you immerse yourself in the real estate market of Algarrobo, it's recommended to undertake a bit of research about the properties that are currently available, as well as the average prices for houses in this idyllic location. A quick assessment of the local real estate landscape will provide you with essential insights about the diversity of properties for sale, from rustic villas to modern apartments, and how much you should budget for a holiday home in this picturesque part of Andalusia. So, before you reach out to a local real estate agent, accustom yourself with the Algarrobo property market and prices to help streamline your property buying journey.
Algarrobo properties: Market trends overview
The real estate market in Algarrobo, Andalusia has been consistently demonstrating promising price escalation, rendering it appealing to overseas investors and purchasers primarily from northern European nations, the UK, Germany plus the United States. Algarrobo's ideal, coastal position makes it feasible to merge a relaxed lifestyle with an energetic and active vacation owing to abundant leisure facilities and golf courses, coupled with easy accessibility to the lively city of Malaga. Algarrobo presents a lively coastal environment, abundant cultural history, and a superior living standard. Recently, local authorities in Algarrobo have increased their investments towards town development and expansion, offering a broad spectrum of property choices for not just local, but also international home buyers. These include contemporary and practical townhouses, apartments, modern villas, traditional farmhouses, and luxurious penthouses. The availability of property and apartments for sale in Algarrobo, Spain, that are compatible with any budget and lifestyle choices is straightforward, thereby transforming this picturesque, white-washed town into one of the most inviting destinations for foreign purchasers.
Average price of a property for sale in Algarrobo
What is the going rate for properties in Algarrobo, Andalusia? While there are a host of factors to consider that can sway the price, such as the kind of property, its proximity to the town center or the beach, the included facilities, and specific preferences (like luxurious characteristics, dimensions, accessibility, and so on), we can provide a general expectation. In line with the most recent data, the costliest property listed for sale in Algarrobo was priced at about €2,548 per square meter. This steep price tag is most common in the Torre de Algarrobo area. On the other side of the spectrum, the most economical properties, with an average price per square meter coming in at around €1,890, can be found in the Pueblo Algarrobo area. The median listing price for a dwelling in this charming Andalusian town is currently floating around €545,000.
Types of properties can you find in Algarrobo
In Algarrobo, Andalusia, Spain, you would find an array of property options ranging from charming townhouses to luxury villas, sea view apartments and typical Spanish fincas. Prime properties are typically found in secure residential complexes. There is a variety of 2-4 bedroom apartments available, most of which come with spacious terraces and two-story dwellings. Each floor in these properties typically has its own separate entrance, generous terrace space, and a fully equipped kitchen. If you're looking for something more grand, there are also newly-built villas set in beautiful locations within Algarrobo. These homes offer scenic sea views and are located within a short walking distance from the beach, making them perfect for those wishing to enjoy the coastal lifestyle.