Albacete is a Spanish province that became part of the Autonomous Community of Castile-La Mancha. The administrative center is considered the city of the same name Albacete.

The real estate market in this region is quite diverse. Foreigners are offered objects of the secondary market and new buildings. Some developers make the sale directly without brokers, which makes possible to save about 5-20%.

• Apartments and flats. Of all the options for housing the foreigners prefer apartments for sale and rent in Albacete. Temporary settlement turns out to be affordable and does not hit the pockets of even a thrifty traveler. It is also important to note that for a small rental fee you can get excellent conditions for housing. As for the purchase, such a deal requires not such a huge investment, like buying another property, and at the same time, allows you to quickly recoup the costs by renting. The budget option would be a studio or an 1-bedroom apartment.

• Houses, duplexes, penthouses. All these housing options are of about equal price. Houses and duplexes often peacefully coexist with apartment buildings throughout the province, so there will definitely be enough offers for houses for sale and rent in Albacete. Penthouses in recent years rapidly rose in price and now belong to the segment of luxury housing.

• Villas. Villas for sale in Albacete are extremely attractive to foreigners, even despite the high prices. Villas in Spain are generally considered one of the most demanded real estate products. There is no clear distinction on the price range here, as there is no coastline, which gives the extra price of such housing.

In which area is it better to buy a home?
Experts point out that during the 4th quarter 2015 real estate prices in this province have increased for 4.5%. The cost will continue to grow, however, the province of Albacete still manages to maintain a fairly attractive performance compared with all regions of Spain. In the country the average cost for 1 km. meter of living space is about 1600 Euros, but here only 1100 euros.

Apartments for sale and rent in Albacete (the provincial capital) are in the highest demand. This can be explained by excellent transport connection, the size of cities and developed infrastructure. On average, 1 sq. m of affordable housing is 1140 euros. Because of this it is possible to buy apartments in the city center with a few bedrooms for 85 000 euros. Rent fee typically ranges from 20 to 40 euros. You can find cheaper options in the suburbs. The road to the city center takes only 10-20 minutes, so there won’t be problems with transport connections.

Those who are considering the sale and rent of houses in Albacete for an long stay often choose exactly the suburbs. Here it is possible to combine a quiet life with a very favorable real estate prices. If in the capital the prices for the house or town house start from 140-160 thousand euros, only 10-20 km from the center you can find good options 10-20% cheaper. If you want even cheaper, then you can buy a piece of land in Albacete.

Advantages of real estate in Albacete

1. Low housing prices compared with other regions of Spain.
2. A large number of green plants and a small number of large enterprises.
3. The mild climate and the absence of sharp season changes.

In Albacete there is an airport a few kilometers away from the city. However, in times of crisis it is was almost closed down and now here arrive flights only in a several directions.

Railway. By train you can get here from Valencia (1.5-2 hours), Madrid (2.5 hours), Murcia (1.5-2 hours) and Ciudad Real (about 2.5 hours). For Russians would be more convenient to fly by plane to Madrid, and then change to a train. The main railway station is located 600 km north from the north of the Cathedral.

Car. Through the capital go two highways:

• Albacete - Murcia - Cartagena (A-30);

• Atalaya del Kantyavate - Albacete - Alicante (A-31).

In the city you can move by bus. The capital and neighbour cities are served by 7 bus routes. The average ticket price is 1 euro.

Since the province is located in the heart of the continent, it is not suitable for beach tourism. However, tourists are sure to find something attractive: admiring scenic spots, tours and learning about local cuisine will not leave anyone indifferent.

In the first place it’s highly recommended to visit to the Museo de Albacete, which is represented by a great number of archaeological finds and art objects belonging to different epochs.

Among the architectural highlights it’s necessary to point out the Almanca castle and ancient areas of the city Kinkilla de Monte Aragón and Villena. These places are rich in mansions of old times and have nothing in common with the modern city blocks, because they were built in the times of the Moors.

Couples with children can go to the Abelardo Sanchez Park. Children will be totally excited of such an excursion. With the game method the young travelers will be told about the interesting facts of flora and fauna. With children you can also go to amusement parks, sports centers and cinemas.

Those who are planning a trip to Albacete in the autumn months, it is best to go at the end of September. At this time in the city prevails a festive mood because of the 10 days-celebration of a City Festival.