Evolution of real estate prices in Águilas

1. **Increasing demand**: If the demand for housing in Águilas has increased in recent years due to factors such as the migration of people to the area, the search for second homes or the interest of investors, this could put pressure on growth of prices.

2. **Shortage of supply**: If the supply of housing in Águilas has not increased at the same rate as demand, this could cause competition among buyers, which could cause an increase in the price of housing.

3. **Infrastructure development and improvement**: If Águilas experiences improvements in its infrastructure, such as new roads, public transport, services or even the development of tourism, this could increase the attractiveness of the region and, therefore, increase the income. . real estate prices.

4. **Investor interest**: If Águilas attracted investor interest, both domestically and internationally, this could have contributed to an increase in demand for real estate, which in turn could lead to a price increase.

5. **General economic conditions**: If the overall economy had been strong in recent years, with low interest rates and stable economic growth, this could have increased buyer confidence in the housing market and boosted the price increase.

In summary, the price increase in Águilas could be due, among other things, to a combination of these factors. It is important to take into account the specific economic and social context of the area to fully understand the reasons for this trend.

In March 2024, homes for sale had an average price of €1,425/m², an increase of 6.11% compared to March 2023 (€1,343/m²). In the last 2 years, the average price in the city of Águilas reached its maximum in the month of February 2024, with a value of €1,437 per square meter. The month with the lowest average price was May 2022: for property-owned accommodation, the average price was €1,319 per square meter.

Actual source: Indomio

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