Caravaca de la Cruz · report
Empty homes in Caravaca de la Cruz
15.4% of the 14,630 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 15.4%
- Empty homes
- 2,255
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| Caravaca de la Cruz | 15.4% |
| Murcia province | 12.2% |
| Spain | 14.4% |
The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.
Other reports for Caravaca de la Cruz
At the average appraised value, a 90 m² home costs €81,261. With 10% down and a 30-year mortgage, the payment is €310 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 11%
- Payment, one income
- 22%
Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.
- Rent per month
- €343
- Owning per month
- €288
Figures for Murcia province: Caravaca de la Cruz has no reliable figures of its own.
81.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 4,490
Figures for Murcia province: Caravaca de la Cruz has no reliable figures of its own.
Buyers living abroad bought 13.7% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 13.7%
Appraised values have fallen by 3% or more 3 times since 2013. The deepest began in Q2 2013.
- Deepest fall
- −18.9%
- Recovery from the low
- 33 months