The most expensive provinces in Spain for renting an apartment

September 17, 2010 at 2:57 pm Leave a comment

The Basque Country, Madrid, Catalonia, Navarra and the Balearic Islands in August continued to be more expensive communities to rent a house, with an average price ranging from 11.24 euros per square meter per month to 8.18 euros, according to data analyzed by the real estate portal fotocasa.es.

The price of rental housing in Spain has fallen by 3.8% annual rate through August, bringing the average price per square meter at 8.22 euros, after a decrease of 1% compared to July.

According to the study, Navarra, Basque Country and Murcia were the only regions that showed increases in their prices in the last month, with increases of 1.6%, 0.2% and 0.1% respectively. In the regions where the rent goes down, it decreased between -2.0% in La Rioja and -1.4% in Cantabria.

Extremadura, Castilla-La Mancha, Murcia, Valencia and Castilla-Leon are the cheapest autonomous regions  in Spain. In this case, the range varies from 4.98 to 6.22 euros per square meter per month .

Source: europapress.es

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Entry filed under: Housing, News, Real estate, Spain Tourism. Tags: , , , , , , , , .

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