Housing prices in the municipality of Arrecife
The map shows the average prices of the residential properties in the municipality of Arrecife. The reference period is April 2024.
sale
1,619 €/m²
from 1,460 €/m² to 1,937 €/m²
rent
10.95 €/m²
from 4.76 €/m² to 11.45 €/m²
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The following charts show price trends over time for all types of residential property in Arrecife, both for sale and for rent.
In April 2024 for residential properties for sale was asked an average of € 1,619 per square meter, with an increase of 11.96% compared to April 2023 (1,446 €/m²). Over the past 2 years, the average price in Arrecife municipality reached its peak in April 2024, with a value of € 1,619 per square meter. The month with the lowest asking price was September 2022: for a property for sale was asked an average of € 1,407 per square meter.
In April 2024 for residential rental properties was asked an average of € 10.95 per month per square meter, with an increase of 6.62% compared to April 2023 (€ 10.27 monthly per square meter). Over the past 2 years, the average price in Arrecife municipality reached its peak in March 2024, with a value of € 11.32 per square meter. The month with the lowest asking price was June 2022: for a rental property was asked an average of € 9.14 per month per square meter.
Prices per square meter of the zones in Arrecife
During April 2024, the asking price for properties for sale in Arrecife was highest in the Playa del Cable area, with € 1,937 per square meter. The lowest price, instead, was in the Valterra-Altavista area, with an average of € 1,460 per square meter.
During the same month, the asking price for rental properties in Arrecife was highest in the Centro area, with € 11.45 per month per square meter. The lowest price, instead, was in the San Francisco Javier-Argana Baja area, with an average of € 4.76 per month per square meter.
| Zones | Sale(€/m²) | Rent(€/m²) |
|---|---|---|
| Valterra-Altavista | 1,460 | 11.44 |
| Centro | 1,737 | 11.45 |
| San Francisco Javier-Argana Baja | 1,674 | 4.76 |
| Argana Alta-Maneje | 1,465 | 9.19 |
| Playa del Cable | 1,937 | 4.77 |
The following charts show information about the real estate property of the municipality of Arrecife and a summary of the demographic and socio-economic aspects that characterize its resident population, consisting of 64,645 inhabitants.