Real estate prices in Morrazo, a picturesque region in Galicia, Spain, are influenced by several key factors. The area's coastline and proximity to the Atlantic Ocean contribute significantly to demand, with average property prices reaching around €1,500 to €2,500 per square meter in prime locations such as Sanxenxo and O Grove. Seasonal fluctuations also play a role; during the summer months, prices can spike by 20% to 30% as tourists seek vacation homes. Additionally, local amenities, such as schools, healthcare facilities, and public transportation, can affect desirability, with homes near well-rated schools commanding a premium. Economic indicators, including employment rates in the region, also shape the market; for instance, a rise in the fishing and tourism sectors can bolster incomes and lead to increased selling prices. Furthermore, the condition of the property, including recent renovations and energy efficiency ratings, directly impacts value, with energy-efficient homes selling for about 10% more than their less efficient counterparts.