Young people buy cheap abandoned villages in rural Galicia

Young people from other Spanish regions are increasingly purchasing abandoned villages in rural Galicia, seeking affordable housing. Driven by high urban housing costs and mortgages averaging €160,000, these buyers are attracted to the lower prices of Galician villages, often under €100,000. This trend is fueled by a desire to avoid long-term mortgages. This shift follows a previous trend of foreign buyers and reflects a growing interest in rural living, with buyers often seeking government aid for renovations. The market is booming, with many properties selling quickly.