Are you asking about a new or a used guitar price? If you are looking at a used guitar, in the US you can find them for probably 30-40% less money. Since it is built in Spain I would think that you should find many in Europe.
I am very happy with my Esteve model 8. I think it is a very nice guitar for a beginner to average player like I am. If you are an advanced player it might not give you everything you might need.