Real estate prices in San Vicente de Alcántara are influenced by a combination of local economic conditions, demand and supply dynamics, and regional characteristics. The town's proximity to natural attractions, such as the Sierra de San Mamede Natural Park, draws interest from buyers seeking rural and recreational properties, which can drive up prices. Additionally, the local economy, largely based on agriculture and some tourism, impacts buying power and demand. The condition and age of properties play a significant role; older, charming stone homes attract higher prices due to their unique architectural features and historical value. Moreover, fluctuations in the Spanish real estate market, influenced by broader economic trends, can affect buyer sentiment and availability of financing, further impacting property values. Lastly, local infrastructure developments, such as improvements in transportation and amenities, can enhance the attractiveness of areas within San Vicente de Alcántara, thus affecting real estate prices.