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In practice, you can get five young devs in Spain for any arbitrary number you may suggest. Many of them are still landlocked due to lower English proficiency and lack of valuable experience.

Well, the thing is not that he wants a premium salary, he actually is below market price, the problem is that there is too many people willing to work almost for free

Unfortunately, if lots of people are willing to work almost for free, then that's the market price. Sucks, though.

If there is a significant supply of people willing to work almost for free then market price is almost free.

This would also mean that the problem is not specific to his age but to the whole market for devs in your area.

You have to consider that in some countries devs with no experience are willing to work for $300-400 a month...