Cheap land for sale in Spain

Why are they more affordable?

Cheap farms are usually located in rural areas, which explains why their price is lower compared to other properties for sale on the market. Being far from the most sought-after areas with higher population density, where land value is higher, they tend to be more affordable.

Large cheap farms can be an option for those seeking a large plot of land at an affordable price. Additionally, many of them have high potential for various uses, such as agricultural, livestock, forestry, or even recreational activities.

Is it possible to find large affordable properties in Spain?

Yes, it is possible to find affordable rural properties for sale in areas of Spain where the price per hectare is lower than in other regions of the country.

According to the latest data from the Ministry of Agriculture, there are geographic areas with a historical presence of large estates (latifundios), such as Extremadura, Castilla y León, and Castilla-La Mancha, offering cheaper rural properties due to lower land prices.

In Extremadura, based on figures from the 2022 Land Price Survey, the average price per hectare was 4,906 euros, in Castilla y León 6,321 euros, and in Castilla-La Mancha 6,524 euros. All these values were below the national average, which stood at 10,263 euros per hectare.

At Cocampo, through our listings portal, we help you quickly identify opportunities for affordable rural properties. Our search system (located on the left side of the page) allows you to filter by type of property (agricultural, livestock, forestry, hunting, or recreational), size range, and price.

Is it safe to buy super cheap properties in rural areas?

If you have little or no savings, you may look for economically affordable properties. However, doubts may arise about the safety of purchasing cheap properties in rural areas.

Buying super-cheap properties does not have to be risky, but it is advisable to investigate and consider certain aspects to avoid complications.

First, it is important to verify that the property is free of legal conflicts related to ownership, as well as liens or encumbrances. This can be checked by requesting a simple note from the Land Registry.

It is also advisable to visit the property before making a decision. This way, you can check its condition and determine whether renovations are necessary. If you plan to buy it for renovation, there will be no problem. However, if you do not have the resources for renovations, it is wise to assess whether the work can be carried out and if it is economically worthwhile.

Finally, it is worth comparing its features with other properties for sale in the same area to ensure the price is truly affordable.

How long does it usually take to sell cheap rural properties?

Cheap properties can attract more potential buyers, as their more affordable price may generate interest from a larger number of people.

Additionally, sellers may have set a low sale price because they are eager to close the transaction as quickly as possible. As a result, they may be more open to negotiating the price.

This increased number of interested buyers and the flexibility in negotiations may help speed up the closing process compared to properties whose price is at market value.

What are the benefits of investing in cheap rural properties?

Investing in cheap rustic properties has numerous benefits. The first advantage is that their price is lower than other properties on the market, so the initial investment is not as high. This is positive for people who, under other circumstances, could not access them. It is also favorable for those who are still unsure if they want to dedicate themselves to agricultural activities, as they can settle in the countryside without making a large initial expenditure.

Another favorable aspect of cheap properties is that they tend to appreciate in value over time. Therefore, if in the future you decide to sell the property, with cheap properties, it is not only possible to recover the investment but also make a profit.