Rental Price Is Cheaper By 5.9%, It Only Falls In 7 Capitals

Date:

The average rental price per square meter was 10.5 euros in November. This figure leaves a year-on-year fall of 5.9% , according to the latest price report published by idealista. In the last month the price has remained unchanged while in the last quarter the fall was 1.4%.

In the last year, the rental price has fallen only in seven capitals. The most pronounced decrease is experienced by Ourense, where it stood at 5.8 euros / m2 in November, which represents a decrease of 7.9% compared to the same month last year. They are followed by Madrid (-4.9%) , León (-4%), Granada (-3.2%), Salamanca (-2.4%), Jaén (-1.9%) and Barcelona (-1, 7%).

On the other hand, Pontevedra is the capital that has seen a greater increase in the rental price, specifically of 10.5% to reach 7.1 euros / m2 . For their part, Zamora, Albacete, Huelva and Santa Cruz de Tenerife are also among the cities where rent has increased the most in November with increases of 8.2%, 8.1%, 6.7 and 6.6%, respectively.

San Sebastián stands out as the capital with the most expensive rentals with a price of 15.8 euros / m2 . They are followed by Barcelona (15 euros / m2), Madrid (14.6 euros / m2), Bilbao (12.7 euros / m2) and Palma (11.5 euros / m2). Zamora, on the other hand, is the cheapest capital in Spain with 5.4 euros / m2, followed by Cáceres (5.7 euros / m2) and Ciudad Real (5.7 euros / m2).

Provinces
In a dozen provinces the rental price fell compared to the one registered twelve months ago. The greatest falls have been experienced in the provinces of Ourense (-6.5%), Madrid (-5.7%), Jaén (-4.5%), Barcelona (-3.5%), Granada (-2 , 7%) and Seville (-2.1%) . On the other hand, the largest increases in rents in the last year have occurred in the provinces of Lleida (20.1%), Cuenca (13.2%), Pontevedra (10.8%), Girona (9, 4%) and Cantabria (7.1%).

In this case, Guipúzcoa (14.5 euros / m2) is established as the most expensive province, ahead of Barcelona with 14 euros / m2 and Madrid 13.6 euros / m2. Jaén, on the other hand, is the cheapest province (4.6 euros / m2), followed by Zamora (4.9 euros / m2), Ávila and Cáceres (5.2 euros / m2 in both cases).

Baja in four communities
The average price of housing rental has decreased only in 4 autonomous regions in the last year. The Community of Madrid and Catalonia were the regions that saw rents fall the most intensively, with decreases of 5.7% and 4%, respectively. Even so, they are the most expensive communities with 13.6 euros / m2 in the case of Madrid and 13.4 euros / m2 in Catalonia .

Regarding the decreases, they are followed by Castilla y León and the Valencian Community with falls of 1% and 0.6%, in each case.

On the other hand, the rents of the houses for rent increased during the last year in Cantabria (7.1%), Galicia (5.4%), Castilla-La Mancha (3.5%), Canarias (3.1%) ) and Region of Murcia (3%) . They did so below 3% in Navarra (2.5%), Extremadura and Asturias (2.1% in both cases), Aragon (2%), La Rioja (1.5%), Euskadi (1.1% ), The Balearic Islands (0.4%) and Andalusia (0.1%).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Lack of support for ethnic minority owned businesses costs national economy by £75 billion

Study finds lack of finance for ethnic minority owned...

AWARD-WINNING KATHRYN TAKES THE LEAD

AN award-winning entrepreneur is helping other businesswomen in the...

Leading Commercial Specialist Joins Quickline as CCO

Rural broadband specialists Quickline Communications have appointed a new...

TOG opens next-level workspace in London’s Knowledge Quarter

On 5 May 2022, the premium flexible workspace provider...