By Catherine McGeer
Copyright euroweeklynews
Housing prices in the Mar Menor area continue to rise, with no signs of slowing down. High demand, low supply, and stagnant wages are creating a challenging market, according to recent reports.
Torre Pacheco sees record growth
Torre Pacheco has seen one of the sharpest increases. In July 2025, property prices rose by 64 per cent compared to the same month last year, reaching over €2,300 per square metre, the highest ever recorded in the town. The area’s proximity to Cartagena and Los Alcázares makes it a popular choice for buyers.
Strong growth across the Region
Other areas in the Mar Menor region are also seeing strong growth. San Pedro del Pinatar now averages €2,078 per square metre after a 37 per cent rise in the past year. Los Alcázares and San Javier have seen increases of 22 per cent and 16 per cent, respectively, with San Javier reaching €1,948 per square metre.
Young people face housing struggles
Rising prices are hitting young people hardest. Across Spain, young adults spend over 90 per cent of their income to rent a full apartment or 35 per cent for a shared room.
Shared housing offers some relief
Shared housing is slightly easing the pressure. In Murcia city, the average price for a room is €300 per month, remaining among the lowest in Spain.
