Analyzing the current property market in Granada reveals some interesting dynamics. As of 2023, property prices in Granada have shown a modest increase, with average prices per square meter hovering around €1,600, according to recent market reports. For instance, central areas like Realejo and the Albaicín continue to attract buyers due to their historical significance and proximity to amenities, but prices here can soar up to €2,200 per square meter. In contrast, neighborhoods such as Norte and Zaidín are seeing more affordable options, with prices closer to €1,200 per square meter, appealing to first-time buyers or those looking for rental investments. Additionally, the increasing demand for short-term rentals has further spurred interest, especially in tourist-heavy locales. However, the economic conditions and potential changes in interest rates could influence future trends in the housing market.