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Real estate in Oviedo
The region of Asturias in northern Spain is a popular destination for both national and international home-buyers and investors, and Oviedo should definitely be on your radar if you're searching for an idyllic family home or seeking investment properties in a naturally rich and culturally vibrant area. This stunning city, the capital of the Asturias region, is steeped in history with its medieval old town and characterized by green mountains and traditional Asturian architecture, earning it the affectionate moniker "El Corazón de Asturias" or "Heart of Asturias" for its significant heritage and breathtaking landscapes. Before you contact a local real estate agent, take some time to research the market in Oviedo, scout out the available properties, and understand the cost of owning a piece of this Asturian gem. Whether you prefer a modern apartment in the city centre, close to the iconic San Salvador Cathedral, or a traditional home up in the nearby mountains, Oviedo offers a variety of property types to cater to different tastes and budgets. More importantly, investing in Oviedo real estate means investing in a unique lifestyle marked by sumptuous cuisine, warm local hospitality, and an array of outdoor activities, from hiking to surfing.
Oviedo properties: Market trends overview
The real estate market in Oviedo, Asturias, Spain has seen a consistent increase in property values, drawing interest from international buyers and investors, particularly from Scandinavian countries, the UK, Germany, and the United States. Given its prominent location in the green heart of Spain, Oviedo is an alluring destination for those seeking to balance a serene lifestyle with a dynamic and vibrant cultural experience provided by several art museums, parks, and easy access to the bustling city of Gijón. The city of Oviedo offers a colourful urban environment, abundant historical attractions, and an exceptional quality of life. Over recent years, the Oviedo authorities have significantly invested in the city's development, resulting in an array of property options for both local and foreign home buyers. This includes chic city apartments, contemporary villas, charming traditional houses, and luxury penthouses. Finding suitable property for sale in Oviedo, Spain, that matches all lifestyle needs and budget constraints isn't a Herculean task, making the colourful city one of the top prospects for foreign purchasers.
Average price of a property for sale in Oviedo
So, what would be the anticipated cost of properties in Oviedo? Providing a definitive answer can be challenging due to several variables that affect the price, such as the type of property, its location relative to the historical center and green spaces, the available facilities, and personal preferences (like luxury aspects, size, accessibility, etc.). The most recent data indicates that the peak asking price for properties on sale in Oviedo was €2,324 per square meter. The priciest property can be found in the area of Parque San Francisco-Campoamor. On the other hand, properties in the Vallobín-La Florida region command the most economical prices, with an average price per square meter of €1,734. The mean listing price for a property in Oviedo stands around €506,544 at present.
Types of properties can you find in Oviedo
Oviedo, Spain, in the Asturias region, boasts a varied range of property types, from contemporary flats to opulent penthouses, premium seafront mansions, and quaint Asturian cottages. Many of the top properties are housed in secured residential communities. There are available 3-4 bedroom flats boasting expansive balconies and two-story houses with separate entrances for each floor, each featuring sprawling balconies and a standalone kitchen. Newer, luxury villas situated in exclusive areas of Oviedo offer breathtaking views of the surrounding countryside, with amenities such as nearby trails for walking and access to the sea, making it an idyllic location to settle down in.