When it comes to buying a home for the first time, the process can be both exciting and daunting. As a seasoned real estate expert, I’ve had the privilege of guiding many first-time homebuyers through this journey. And if you’re considering Bilbao, Spain as your new home, you’re in for a treat! This vibrant city offers a mix of rich history, stunning architecture, and a thriving food scene. But what about affordability? Well, you’re in luck! I’ve compiled a list of the 10 most affordable neighborhoods in Bilbao for first-time homebuyers. 🏡
1. Basurto-Zorroza
First on our list is Basurto-Zorroza. This neighborhood is known for its working-class roots and is a great place for those looking for affordability. The average property price here is around €2,000 per square meter.
2. Otxarkoaga-Txurdinaga
Next up is Otxarkoaga-Txurdinaga. This area is a bit more residential, but still offers a good mix of amenities. The average property price here is slightly higher, at around €2,500 per square meter.
3. Ibaiondo
Ibaiondo is another affordable option. This neighborhood is known for its green spaces and community feel. The average property price here is around €2,600 per square meter.
4. Deusto
Deusto is a great choice for those looking for a bit more of a suburban feel. The average property price here is around €2,700 per square meter.
5. Abando
Abando is located in the heart of Bilbao and is known for its beautiful architecture. The average property price here is around €3,000 per square meter.
6. Uribarri
Uribarri is another great option for first-time homebuyers. This neighborhood offers a mix of residential and commercial properties, with an average price of around €3,200 per square meter.
7. Begoña
Begoña is known for its stunning views of the city. The average property price here is around €3,300 per square meter.
8. Errekalde
Errekalde is a bit more upscale, but still offers some affordable options. The average property price here is around €3,500 per square meter.
9. Ibaiondo
Ibaiondo is another great option for first-time homebuyers. This neighborhood offers a mix of residential and commercial properties, with an average price of around €3,600 per square meter.
10. Indautxu
Finally, we have Indautxu. This neighborhood is known for its vibrant nightlife and is a great choice for those looking for a bit more excitement. The average property price here is around €3,700 per square meter.
FAQs
Q: What is the average property price in Bilbao?
A: The average property price in Bilbao is around €3,000 per square meter.
Q: What are the most affordable neighborhoods in Bilbao?
A: Some of the most affordable neighborhoods in Bilbao include Basurto-Zorroza, Otxarkoaga-Txurdinaga, and Ibaiondo.
Q: Is Bilbao a good place for first-time homebuyers?
A: Yes, Bilbao offers a mix of affordability and amenities, making it a great choice for first-time homebuyers.
Conclusion
In conclusion, Bilbao offers a range of affordable neighborhoods for first-time homebuyers. From the working-class roots of Basurto-Zorroza to the vibrant nightlife of Indautxu, there’s something for everyone in this beautiful city. So, if you’re considering buying your first home in Bilbao, I hope this guide has been helpful. Happy house hunting! 🏠
