Bargain Homes in the Sunny South of Spain from $136,200

Imagine a land where the scent of orange blossoms fills the air, where whitewashed villages cling to sun-drenched hillsides, and where the Mediterranean sparkles just beyond your terrace. Welcome to southern Spain—Andalucía—a place where history, warmth, and beauty converge.

From Moorish castles to Renaissance churches, flamenco courtyards to golden beaches, Andalucía is rich in culture and climate. It’s no wonder this region has long captured the imaginations of poets, painters, and expats alike.

And you can claim your slice of this paradise for far less than you might expect. Check out the listings my team found for three bargain homes in the region.

Estepona: Sea Views and Serenity for $185,300

Nestled between Marbella and Gibraltar on the Costa del Sol, Estepona has managed to preserve its authentic Andalusian charm while becoming one of the most desirable coastal towns in southern Spain. Once a quiet fishing village, Estepona is now known for its flower-lined old town, miles of palm-fringed beaches, and thriving art scene.

With old squares shaded by orange trees and flower-lined streets, Estepona has preserved its charm.

The Forest Hills area—perched on the slopes just outside town—offers expansive Mediterranean views and access to green space, while being just minutes by car from the beach and other amenities.

This one-bed, one-bath apartment spanning 516 square feet has a south-facing terrace with panoramic views of the sea, Gibraltar, and even the African coastline.

It features an open-plan living space, a modern bathroom, marble floors, and built-in wardrobes. The property is located within a resort-style complex with amenities such as a heated pool, jacuzzi, gym, and community sun decks. It’s furnished and move-in ready.

It’s on the market for €163,125 (that’s $185,300). Read the full listing here.

This apartment in the Forest Hills area of Estepona has a terrace with stunning views. Listing here.

Lucena: Historic Charm in the Heart of Andalusia for $136,200

In the heart of Córdoba province lies Lucena, a city steeped in over a thousand years of multicultural history. Known in medieval times as the “City of the Three Cultures,” Lucena flourished as a center of learning, trade, and tolerance under Jewish, Muslim, and Christian rule.

This is an aerial view of Lucena medieval town center and castle. (We found a listing with a castle view)

The Juderías neighborhood still bears the echoes of that vibrant past, with narrow winding streets and views of the 11th-century castle that crowns the town.

Lucena is also a center of Andalusian craftsmanship—famed for furniture, olive oil, and local wines—offering a traditional, slower-paced lifestyle that’s just an hour’s drive from Córdoba, Málaga, and Granada.

This third-floor apartment offers sweeping views of the Lucena castle from its living and dining room. Spanning 969 square feet, it has three double bedrooms, and a terrace. There’s a pretty little square only steps from the door.

This property is on the market for €120,000 ($136,200). You can check out the full listing here.

This three-bed apartment in Lucena comes with a castle view.

Roquetas de Mar: Coastal Living Meets Modern Comfort for $136,200

Located on the sun-drenched coast of Almería, Roquetas de Mar offers a unique blend of long sandy beaches, relaxed seaside living, and surprising modernity.

The town’s Roquetas Pueblo district is its historic heart, filled with local tapas bars, traditional markets, and palm-lined plazas.

Roquetas de Mar is one of Almería’s hidden gems: a coastal town with wide beaches, low-key charm, and easy access to everything from seafood markets to scenic promenades.

Just minutes from this charming center are expansive beaches and nature reserves like the Punta Entinas-Sabinar wetlands.

Roquetas de Mar enjoys over 300 days of sunshine per year, a strong local community, and excellent infrastructure. It’s only about half an hour’s drive from Almeria Airport.

Built in 2019, this leafy ground-floor townhouse combines modern convenience with Mediterranean flair.

Spanning, 1,668 square feet, it features three bedrooms, a sleek bathroom, and an open-concept living-dining area centered around a fireplace. The bright kitchen opens to a sun-soaked patio and private solarium—ideal for al fresco dining or a siesta in the shade.

There’s also a private garage for two cars.

This property is on the market for €120,000 ($136,200).

Read the full listing here.

This leafy and stylish townhouse has a striking decor. Listing here.

Wishing you good real estate investing,

P.S. My team also found this cabin in Malaga. At only 129 square feet, this listing definitely has a “tiny homes” vibe! But with views like the one shown in the photo below, some might consider shelling out the pocket-money price of €55,000 ($62,500) to own it. After all, parking is included! You can read the full listing here.

This tiny home in Alozaina, Malaga, is surrounded by nature. Read the full listing here.

P.P.S. If you’re interested in any of these listings you should hire an attorney and do your own due diligence. We haven’t done any due diligence on them.