Compiled with the help of artificial intelligence, based on Spanish-language information. Source below the article.
Avenida de la Macaronesia in the Tenerife municipality of Adeje is the most expensive street in the Canary Islands to buy a home, with sellers asking an average of 5.9 million euros for a property, according to a study by idealista published on Thursday.
Spain’s most exclusive addresses
According to the study, the most exclusive street in the country for buying a home is Camino del Salinar in Andratx (Mallorca), where asking prices average 15 million euros. In second place is Paseo de los Lagos in the famous La Finca development in Pozuelo de Alarcón (Madrid), with an average price of 11 million euros. Third place covers the entire Coto Zagaleta development in the Malaga municipality of Benahavís, where sellers are asking 10.5 million euros.
Fourth place goes to another street in the Balearic Islands, specifically Calle Mossa in Palma, where homes are priced at 9.8 million euros. It is followed by Paseo del Conde de los Gaitanes in Madrid’s La Moraleja development, at 8.9 million euros, and in sixth place, again in Palma, Calle Binicaubell, with average prices of 7.9 million euros. In seventh place is another street in Malaga, Calle Osa Menor in Marbella, with an average home value of 7.85 million euros.
Eighth and ninth place correspond to two streets in Madrid, Calle Serrano and Calle José Ortega y Gasset, which also share the same average property price of 6.95 million euros. The top 10 is rounded off once again by Marbella, with the Cascada de Camoján development, where sellers are asking an average of 6,395,000 euros for their homes.
Where Tenerife ranks nationally
Ahead of Xàbia is Calle del Tibidabo in Barcelona, with an average of 5,980,000 euros, and Avenida de la Macaronesia in Adeje, in the Canary Islands, at 5,950,000 euros.
In addition to the Balearic Islands, Madrid and Andalusia, the three regions with streets in the top 10 positions, five other regions have addresses where the average price exceeds one million euros: Catalonia (5.98 million euros), the Canary Islands (5.95 million euros), the Valencian Community (4.2 million euros), Galicia (1.98 million euros) and the Basque Country (1.79 million euros).
According to the property portal, the most affordable region is Castilla-La Mancha, where its most expensive street has an average price of 335,000 euros, followed by Extremadura (475,000 euros) and Asturias (490,000 euros).
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