IT’S no secret that rental costs are persevering with to surge throughout Spain.
And the southernmost area of Andalucia isn’t any exception, with prices having elevated by 8.7% year-on-year this month.
The common lease throughout the entire area is now €10.86 per sq. metre per thirty days, or €543 for a 50sqm residence.
Nevertheless Malaga province stands above the remainder in the case of worth, boasting the highest 10 most costly cities in the complete area.
Topping the checklist is Marbella, the place the common lease is €17.45 per sq. metre, or €872.50 per thirty days for a 50sqm dwelling, experiences Andalucia Informacion.
In second place is one other British favorite, Benalmadena, with a median lease of €17.13 per sq. metre.
In third place is Torremolinos (pictured above), sometimes seen as a ‘low-cost different’, however which now has common rental costs of €16.70/m2, beating out fourth positioned Estepona on €16.24/m2.
Nevertheless the figures present that different areas are seeing huge spikes in rental costs.
One new hotspot is El Ejido, in Almeria, the place the price of renting a house soared by 43.1% year-on-year.
Areas like Martos, Baeza and Andujar in Jaen benefit from the lowest costs to lease a house in Andalucia, with €4.85, €5.01 and €5.13 euros/m² respectively.