Here you have an example of a 50pc discount on the coast. Altamira, the real estate company of Santander bank, is offering 3-bed semis of 156m2 in Vera, Almeria, for €82,400, down from €164,800, that’s 50pc. They probably come with easy financing too: Assume around 80pc over 25 years and you are looking at less than €300/month. Starts to get interesting.
Of course it is not just about price. You also have to like what you are buying, which in this case would not be very inspiring.