Spain is selling over 500 medieval castles. Prices start at 80,000 EUR and reach 15 million EUR. The cheapest is a castle-watchtower in Cáceres. It was built in the 12th century and can be bought at a price at which in Bulgaria you cannot even buy a studio apartment in the central parts of a medium-sized city - 79,500 EUR. Another castle, built a century earlier in Cervera (ed. note. About 100 km. From Barcelona) can be bought for 1.6 million EUR. The most expensive castle is located 90 km from Madrid. The Castle of Kastilnovo is being sold for 15 million EUR.
There are over 10,000 castles throughout Spain. It is the expensive support from the state that has forced the authorities to decide to sell off some of them.
The procedure for purchasing a castle requires the client to be approved by the local municipality. Then, they must submit a project for the rehabilitation of the castle, which must be coordinated with a commission for historical heritage and archaeological research.
Turning a castle into a house for living is a great challenge. There are two main obstacles to this. One is the small number of windows. The second is the installation of a heating system. Difficult access and the installation of internal stairs are also no less important problems.
Detailed statistics on average property prices in Bulgaria by city and neighborhood can be seen HERE