The economic capital of the Canary Islands has a rental price level that is intoxicating workers with tourists, as can be seen from Fotocasa data. The price of rental housing in coastal areas has doubled and even tripled over the last 10 years, and currently, Calvià (€22,36/m2 per month), Barcelona (€22,19/ m2 per month), Sitges (€21,39/m2 per month) and San Bartolomé de Tirajana (€20,03/m2 per month) have the highest rental prices in Spain due to the people of Las Palmas who ignore that Here they make a living from tourism and rent properties to individuals that when they were built were for tour operations. The south of Gran Canaria is at the top above 20 euros/m2.
"Coastal municipalities have a high rental price due to several key factors. First, their tourist attraction that creates a constant and high demand, both from tourists and temporary residents. In addition, the supply of properties in these areas is limited, which increases competition among potential tenants. Proximity to the sea and privileged views also add value to properties, increasing their price. Finally, in many coastal areas, investments in infrastructure and improved services contribute to making these properties. more desirable areas, further increasing demand in coastal areas," María Matos, Director of Studies and spokesperson for Fotocasa, explains to Maspalomas24H.
In this way, the 15 Spanish coastal areas with the highest average price to rent in descending order are:
Calvià with €22,36/m2 per month
Barcelona capital with €22,19/m2 per month
Sitges with €21,39/m2 per month
San Bartolomé de Tirajana with €20,03/m2 per month
Laredo with €19,51/m2 per month
Donostia – San Sebastián with €19,49/m2 per month
L'Hospitalet de Llobregat with €19,34/m2 per month
Sanxenxo with €18,16/m2 per month
Palma de Mallorca with €17,98/m2 per month
Arona with €17,47/m2 per month
Vilanova I la Geltrú with €17,43/m2 per month
Alboraya with €17,37/m2 per month
Benidorm with €17,28/m2 per month
Torremolinos with €17,11/m2 per month
Marbella with €17,02/m2 per month
Thus, the price of a square meter in the city of Barcelona stands at 22,19 euros/m2 per month in June 2024, compared to €20,50/m2 in June 2023, experiencing an increase of 8,2. 80%. In this way, for an 2 m1.775 home you would pay an average of 1.640 euros per month, compared to the 2023 euros per month that was paid on average in June XNUMX.
