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Cartagena’s property market is returning to its peak of almost 15 years ago

The steady demand for properties in Cartegena, Spain, is keeping prices stable, with the average cost now at €1,228sqm, according to Idealista.

In the heart of the city, which is the second largest city in the Murcia region, the historic district leads with a price of €1,796sqm, nearing its peak from 2011. Similarly, Alameda de San Antón is also highly sought after, with prices around €1,588sqm, close to its 2010 highs.

Cabo de Palos stands out as the priciest spot at €3,439sqm, favoured for investment and second homes, while Perín offers prices at €2,194sqm.

For those seeking more budget-friendly options, La Aljorra, Santa Lucía, and Pozo Estrecho offer great value, with prices ranging from €660-900sqm.

Gross rental yields in the city are reportedly around 7%.

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