Property in Muro for Sale
Buying Property in Muro
Location and Popularity
Muro, a Spanish town and municipality, is situated in the northern part of Mallorca. This charming corner on the Mediterranean coast is adjacent to Alcudia, La Puebla, Lubi, Maria de la Salud, and Santa Margarita.
Muro is located in the agricultural region of Pla de Mallorca, representing a traditional rural town. With its sandstone buildings and old church, Muro retains the authenticity of rural Mallorca. It also includes the Playa de Muro beach resort, adding further benefits to the city.
Muro's economy combines tourism and agriculture, earning the nickname Mallorca's "vegetable basket" for its fresh produce and thriving wine industry.
Evolution of the Real Estate Market in Muro
House prices in Muro (07440) have increased by 9.1% over the past year. Over 2.5 years, prices for apartments and houses have increased by 15.0%, indicating stable interest in this location.
Types of Real Estate and Their Costs
The average price of houses currently on the market is €310,000. The sales price of 80% of the houses ranges from €128,000 to €1,500,000. The average house price is €1,720 per square meter.
The average price of apartments in Muro is €250,000. The sales price of 80% of the houses ranges from €128,000 to €359,500. The average price per square meter is €1,603.
Rent Price
The average monthly rental price for houses currently on the market in Muro is €1,650. The monthly rental cost of 80% of the houses ranges from €975 to €4,600. The average rent per square meter per year is €143.
The average monthly cost of renting apartments is €900. The average rent is €141 per square meter per year.
Buyer's Choice: Luxury and Economy
Muro provides choices for different buyers. The average price per square meter here is €1,662, which is lower than the average price in Mallorca (€4,063). The region suits those looking for luxury accommodation and prefer more budget options.
Yes! Mallorca Property: Your Reliable Assistant
No matter what kind of property in Muro you prefer, contact Yes! Mallorca Property to make your Mallorcan dream come true. Our experts will help you make the right choice and provide all the support you need on your way to your new home in Mallorca.